Nickel; Unwrought, Alloys Price in the Czech Republic - 2023
Contents:
- Nickel; Unwrought, Alloys Price in the Czech Republic (CIF) - 2023
- Nickel; Unwrought, Alloys Price in the Czech Republic (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in the Czech Republic
- Nickel; Unwrought, Alloys Exports in the Czech Republic
Nickel; Unwrought, Alloys Price in the Czech Republic (CIF) - 2023
In July 2023, the average nickel; unwrought, alloys import price amounted to $25,012 per ton, falling by -5.3% against the previous month. Over the period under review, import price indicated a mild expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, nickel; unwrought, alloys import price decreased by -20.8% against May 2023 indices. The pace of growth appeared the most rapid in October 2022 when the average import price increased by 71% month-to-month. Over the period under review, average import prices reached the peak figure at $31,563 per ton in May 2023; however, from June 2023 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($41,519 per ton), while the price for Italy ($21,043 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 (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in the Czech Republic (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $20,405 per ton, surging by 48% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $21,239 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($54,989 per ton), while the average price for exports to Poland amounted to $18,795 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+9.1%), while the prices for the other major destinations experienced a decline.
Nickel; Unwrought, Alloys Imports in the Czech Republic
In 2022, purchases abroad of nickel; unwrought, alloyses increased by 38% to 914 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a deep reduction.
In value terms, nickel; unwrought, alloys imports skyrocketed to $18M in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.2 | 8.2 | 6.9 | 6.7 | -15.7% |
| Italy | N/A | N/A | 1.8 | 4.8 | 166.7% |
| Germany | 1.4 | 4.6 | 1.7 | 4.1 | 43.1% |
| United States | 0.1 | 0.2 | 1.1 | 1.2 | 128.9% |
| France | 1.0 | 1.8 | 1.8 | 0.9 | -3.5% |
| Netherlands | N/A | 0.6 | 0.7 | 0.7 | 8.0% |
| Sweden | 3.1 | 0.9 | N/A | N/A | -71.0% |
| Others | 1.1 | 0.6 | 0.1 | N/A | -69.8% |
| Total | 17.9 | 17.0 | 14.0 | 18.3 | 0.7% |
Top Suppliers of Nickel; Unwrought, Alloys to the Czech Republic in 2022:
- Italy (330.4 tons)
- United Kingdom (283.4 tons)
- Germany (198.4 tons)
- United States (44.0 tons)
- France (35.5 tons)
- Netherlands (22.0 tons)
Nickel; Unwrought, Alloys Exports in the Czech Republic
Nickel; unwrought, alloys exports from the Czech Republic reduced dramatically to 25 tons in 2022, waning by -53.1% compared with the year before. Overall, exports continue to indicate a significant decrease. The smallest decline of -39.9% was in 2020.
In value terms, nickel; unwrought, alloys exports dropped remarkably to $501K in 2022. In general, exports continue to indicate a precipitous slump.
| Export of Nickel; Unwrought, Alloys in the Czech Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 91.8 | N/A | 58.8 | 441 | 68.7% |
| Germany | N/A | N/A | 0.9 | 60.0 | 6566.7% |
| Russia | 67.4 | 12.6 | N/A | N/A | -81.3% |
| United Kingdom | 1,594 | 1,210 | 7.0 | N/A | -93.4% |
| France | N/A | N/A | 657 | N/A | 0% |
| Belarus | 272 | N/A | N/A | N/A | 0% |
| Others | 34.6 | 5.2 | N/A | N/A | -85.0% |
| Total | 2,060 | 1,228 | 723 | 501 | -37.6% |
Top Export Markets for Nickel; Unwrought, Alloys from the Czech Republic in 2022:
- Poland (23.4 tons)
- Germany (1.1 tons)
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This report provides an in-depth analysis of the nickel market in the Czech Republic.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in the Czech Republic.
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This report provides an in-depth analysis of the nickel market in the Czech Republic.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
92
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1192
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1001
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
