Price for Nickel; Wire, of Nickel Alloys in Spain - 2023

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in Spain (CIF) - 2023
2. Price for Nickel; Wire, of Nickel Alloys in Spain (FOB) - 2022
3. Imports of Nickel; Wire, of Nickel Alloys in Spain
4. Exports of Nickel; Wire, of Nickel Alloys in Spain

Price for Nickel; Wire, of Nickel Alloys in Spain (CIF) - 2023

The average import price for nickel; wire, of nickel alloyses stood at $35,883 per ton in July 2023, increasing by 7.2% against the previous month. In general, the import price, however, recorded a pronounced slump. The most prominent rate of growth was recorded in November 2022 an increase of 66% m-o-m. The import price peaked at $49,556 per ton in July 2022; however, from August 2022 to July 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($42,009 per ton), while the price for Italy ($24,505 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+0.0%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Wire, of Nickel Alloys in Spain (FOB) - 2022

The average export price for nickel; wire, of nickel alloyses stood at $85,396 per ton in 2022, with an increase of 88% against the previous year. Over the period under review, the export price showed a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Switzerland.

From 2012 to 2022, the rate of growth in terms of prices for the Czech Republic amounted to +72.0% per year.

Imports of Nickel; Wire, of Nickel Alloys in Spain

In 2022, imports of nickel; wire, of nickel alloyses into Spain dropped notably to 161 tons, declining by -27.5% on the previous year. Over the period under review, imports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 4.9%.

In value terms, nickel; wire, of nickel alloys imports rose markedly to $4.8M in 2022. Overall, imports recorded a deep setback.

Top Suppliers of Nickel; Wire, of Nickel Alloys to Spain in 2022:

1. Germany (98.9 tons)
2. France (30.5 tons)
3. Italy (12.1 tons)
4. Austria (5.2 tons)
5. Sweden (4.3 tons)
6. United Kingdom (3.4 tons)

Exports of Nickel; Wire, of Nickel Alloys in Spain

In 2022, shipments abroad of nickel; wire, of nickel alloyses decreased by -36.8% to 11 tons, falling for the second year in a row after two years of growth. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 1,752% against the previous year. As a result, the exports attained the peak of 27 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel; wire, of nickel alloys exports skyrocketed to $941K in 2022. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,999%. As a result, the exports attained the peak of $1.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Nickel; Wire, of Nickel Alloys from Spain in 2022:

1. Switzerland (11.0 tons)

Source: IndexBox Market Intelligence Platform