Sulphates; of Nickel Price in Poland - 2023
Contents:
- Sulphates; of Nickel Price in Poland (FOB) - 2023
- Sulphates; of Nickel Price in Poland (CIF) - 2023
- Sulphates; of Nickel Exports in Poland
- Sulphates; of Nickel Imports in Poland
Sulphates; of Nickel Price in Poland (FOB) - 2023
The average sulphates; of nickel export price stood at $4,450 per ton in July 2023, reducing by -6.7% against the previous month. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average export price increased by 13% month-to-month. Over the period under review, the average export prices reached the peak figure at $5,813 per ton in February 2023; however, from March 2023 to July 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Belarus ($6,796 per ton), while the average price for exports to Belgium ($3,952 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 the Czech Republic (+0.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Nickel Price in Poland (CIF) - 2023
The average sulphates; of nickel import price stood at $5,701 per ton in June 2023, falling by -3% against the previous month. Over the period under review, the import price recorded a mild decrease. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 17% m-o-m. Over the period under review, average import prices hit record highs at $6,656 per ton in January 2023; however, from February 2023 to June 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Austria ($5,924 per ton), while the price for France ($3,652 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Nickel Exports in Poland
In 2022, the amount of sulphates; of nickels exported from Poland rose sharply to 2.4K tons, with an increase of 9.7% compared with 2021 figures. The total export volume increased at an average annual rate of +5.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; of nickel exports skyrocketed to $13M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sulphates; of Nickel in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | 4.1 | 8.2 | 100.0% |
| Germany | 1.4 | 1.9 | 2.2 | 3.0 | 28.9% |
| Czech Republic | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| Ukraine | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Russia | 0.1 | 0.8 | 0.3 | 0.3 | 44.2% |
| Slovakia | 0.5 | 0.1 | N/A | N/A | -80.0% |
| Philippines | 3.4 | 3.7 | 1.0 | N/A | -45.8% |
| Others | 0.1 | 0.2 | 0.2 | 0.3 | 44.2% |
| Total | 5.9 | 6.8 | 7.9 | 12.7 | 29.1% |
Top Export Markets for Sulphates; of Nickel from Poland in 2022:
- Philippines (undefined tons)
- Belgium (1591.7 tons)
- Germany (644.0 tons)
- Czech Republic (79.7 tons)
- Russia (45.5 tons)
- Ukraine (45.3 tons)
- Slovakia (6.9 tons)
Sulphates; of Nickel Imports in Poland
In 2022, overseas purchases of sulphates; of nickels decreased by -21.6% to 326 tons, falling for the second year in a row after two years of growth. In general, imports saw a pronounced contraction. The pace of growth was the most pronounced in 2020 with an increase of 19%. As a result, imports attained the peak of 449 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sulphates; of nickel imports rose significantly to $2M in 2022. The total import value increased at an average annual rate of +14.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 22% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Sulphates; of Nickel in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 389 | 827 | 550 | 930 | 33.7% |
| Italy | 486 | 256 | 518 | 464 | -1.5% |
| Belgium | 381 | 280 | 580 | 419 | 3.2% |
| Germany | 98.3 | 53.6 | 116 | 143 | 13.3% |
| France | N/A | 20.7 | 66.8 | 66.4 | 79.1% |
| Spain | N/A | 220 | N/A | N/A | 0% |
| Others | 2.7 | N/A | 0.7 | 14.1 | 73.5% |
| Total | 1,357 | 1,657 | 1,832 | 2,037 | 14.5% |
Top Suppliers of Sulphates; of Nickel to Poland in 2022:
- Austria (144.0 tons)
- Italy (75.7 tons)
- Belgium (70.0 tons)
- Germany (24.5 tons)
- France (9.0 tons)
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