Price for Nickel; Wire, of Nickel Alloys in Romania - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Romania (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Romania (FOB) - 2023
- Imports of Nickel; Wire, of Nickel Alloys in Romania
- Exports of Nickel; Wire, of Nickel Alloys in Romania
Price for Nickel; Wire, of Nickel Alloys in Romania (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $25,182 per ton in 2022, reducing by -5.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2018 an increase of 16% against the previous year. The import price peaked at $27,300 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($26,784 per ton), while the price for Poland ($2,003 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+2.0%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Wire, of Nickel Alloys in Romania (FOB) - 2023
In July 2023, the average export price for nickel; wire, of nickel alloyses amounted to $36,352 per ton, waning by -39% against the previous month. In general, the export price, however, posted a measured expansion. The pace of growth was the most pronounced in June 2023 an increase of 114% m-o-m. As a result, the export price attained the peak level of $59,552 per ton, and then dropped markedly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($48,904 per ton), while the average price for exports to Italy ($29,557 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Romania
In 2022, the amount of nickel; wire, of nickel alloyses imported into Romania contracted to 330 tons, shrinking by -4.4% on 2021. The total import volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 10% against the previous year. As a result, imports attained the peak of 345 tons, and then shrank slightly in the following year.
In value terms, nickel; wire, of nickel alloys imports dropped to $8.3M in 2022. The total import value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of $9.2M, and then fell in the following year.
| Import of Nickel; Wire, of Nickel Alloys in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.6 | 4.8 | 5.4 | 4.5 | -0.7% |
| France | 1.4 | 2.1 | 2.8 | 2.6 | 22.9% |
| Italy | 0.6 | 0.2 | 0.5 | 0.9 | 14.5% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| Others | 0.5 | 0.3 | 0.5 | 0.3 | -15.7% |
| Total | 7.1 | 7.5 | 9.2 | 8.3 | 5.3% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Romania in 2022:
- Germany (169.2 tons)
- France (104.3 tons)
- Italy (39.5 tons)
- Poland (10.2 tons)
Exports of Nickel; Wire, of Nickel Alloys in Romania
In 2022, approx. 13 tons of nickel; wire, of nickel alloyses were exported from Romania; remaining relatively unchanged against the previous year. Over the period under review, exports saw a perceptible reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 1.3% against the previous year.
In value terms, nickel; wire, of nickel alloys exports fell to $313K in 2022. In general, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 12% against the previous year.
| Export of Nickel; Wire, of Nickel Alloys in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 171 | 186 | 191 | 97.6 | -17.0% |
| China | 1.5 | 0.8 | 3.3 | 68.7 | 257.8% |
| Dominican Republic | N/A | N/A | 32.4 | 42.8 | 32.1% |
| Saudi Arabia | N/A | N/A | 0.3 | 29.8 | 9833.3% |
| France | 7.9 | 49.4 | 30.2 | 24.2 | 45.2% |
| Serbia | 51.8 | 28.6 | 41.4 | 14.2 | -35.0% |
| Germany | 8.8 | 7.3 | 4.4 | 11.7 | 10.0% |
| Australia | N/A | N/A | N/A | 4.5 | 0% |
| Russia | 24.3 | 16.9 | 8.0 | 1.9 | -57.2% |
| Switzerland | 70.1 | N/A | N/A | N/A | 0% |
| Others | 5.9 | 5.2 | 20.1 | 17.3 | 43.1% |
| Total | 341 | 294 | 331 | 313 | -2.8% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Romania in 2022:
- Italy (5.3 tons)
- China (1.8 tons)
- Saudi Arabia (1.4 tons)
- France (1.3 tons)
- Dominican Republic (1.2 tons)
- Serbia (0.8 tons)
- Germany (0.4 tons)
- Australia (0.3 tons)
- Russia (0.1 tons)
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