Nickel; Unwrought, Alloys Price in Spain - 2023

Contents:

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

Nickel; Unwrought, Alloys Price in Spain (CIF) - 2022

The average nickel; unwrought, alloys import price stood at $14,809 per ton in 2022, with an increase of 9.1% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, alloys import price increased by +44.1% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 36%. The import price peaked at $16,979 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($35,744 per ton), while the price for China ($7,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Nickel; Unwrought, Alloys Price in Spain (FOB) - 2022

In 2022, the average nickel; unwrought, alloys export price amounted to $14,096 per ton, jumping by 17% against the previous year. Over the period under review, the export price enjoyed resilient growth. The most prominent rate of growth was recorded in 2021 an increase of 423%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($93,217 per ton), while the average price for exports to Sweden ($6,537 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Nickel; Unwrought, Alloys Imports in Spain

In 2022, nickel; unwrought, alloys imports into Spain surged to 1.9K tons, with an increase of 128% on the year before. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; unwrought, alloys imports skyrocketed to $28M in 2022. Overall, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Unwrought, Alloys in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.23.62.210.950.5%
South AfricaN/A0.15.29.4869.5%
Japan1.71.50.72.310.6%
Belgium0.78.00.72.144.2%
United Kingdom2.90.80.21.2-25.5%
Russia0.5N/AN/AN/A0%
Others0.50.22.22.366.3%
Total9.414.211.328.043.9%

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

  1. France (729.7 tons)
  2. South Africa (508.0 tons)
  3. Japan (309.7 tons)
  4. Belgium (254.8 tons)
  5. United Kingdom (32.6 tons)

Nickel; Unwrought, Alloys Exports in Spain

In 2022, after three years of growth, there was significant decline in overseas shipments of nickel; unwrought, alloyses, when their volume decreased by -22.5% to 141 tons. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 33%. As a result, the exports attained the peak of 182 tons, and then reduced sharply in the following year.

In value terms, nickel; unwrought, alloys exports fell to $2M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 594%. As a result, the exports reached the peak of $2.2M, and then contracted in the following year.

Export of Nickel; Unwrought, Alloys in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.50.55631,0111164.5%
SwedenN/AN/A21429136.0%
Italy49.345.351.120159.8%
Portugal0.456.66.1171653.3%
FranceN/A7.3573162371.1%
NetherlandsN/AN/A90.186.6-3.9%
Taiwan (Chinese)N/A28.280.653.137.2%
United States0.30.15911.154.2%
Japan15816718.5N/A-65.8%
Others9.310.31.27.6-6.5%
Total2183152,1881,984108.8%

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

  1. Germany (56.9 tons)
  2. Sweden (44.5 tons)
  3. France (22.8 tons)
  4. Portugal (6.5 tons)
  5. Netherlands (4.6 tons)
  6. Taiwan (Chinese) (3.0 tons)
  7. Italy (2.2 tons)
  8. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, alloys - Spain