Price for Nickel; Plates, Sheets, Strip and Foil in Bulgaria - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Bulgaria (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Bulgaria (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Bulgaria
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Bulgaria

Price for Nickel; Plates, Sheets, Strip and Foil in Bulgaria (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $9,906 per ton in 2022, shrinking by -32.1% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2013 an increase of 313% against the previous year. As a result, import price attained the peak level of $75,518 per ton. From 2014 to 2022, the average import prices remained at a lower figure.

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 Luxembourg ($46,254 per ton), while the price for Romania ($3,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Luxembourg (+51.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Bulgaria (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $12,935 per ton in 2020, rising by 9.9% against the previous year. Overall, the export price enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 an increase of 26% against the previous year. As a result, the export price reached the peak level of $20,467 per ton. From 2017 to 2020, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2020, the rate of growth in terms of prices for Greece amounted to -4.5% per year.

Imports of Nickel; Plates, Sheets, Strip and Foil in Bulgaria

In 2022, the amount of nickel; plates, sheets, strip and foils imported into Bulgaria soared to 317 tons, growing by 386% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils soared to $3.1M in 2022. Over the period under review, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 260%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Nickel; Plates, Sheets, Strip and Foil in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.933517.32,117479.1%
Romania19.833.318.9478189.0%
ItalyN/A3.9N/A168556.3%
Poland27.322.787.473.339.0%
Hungary13.938.110341.944.5%
Luxembourg13134434.239.5-32.9%
FranceN/A83.24220.2-95.1%
Others73.313326822044.2%
Total2769949513,138124.9%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Bulgaria in 2022:

  1. Romania (157.9 tons)
  2. Netherlands (96.2 tons)
  3. Italy (25.2 tons)
  4. Poland (19.1 tons)
  5. Hungary (12.8 tons)
  6. Luxembourg (0.9 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Bulgaria

In 2020, the amount of nickel; plates, sheets, strip and foils exported from Bulgaria reduced sharply to 4 tons, with a decrease of -49.9% compared with 2019 figures. Over the period under review, exports recorded a sharp reduction.

In value terms, exports of nickel; plates, sheets, strip and foils declined remarkably to $52K in 2020. In general, exports continue to indicate a precipitous curtailment.

Export of Nickel; Plates, Sheets, Strip and Foil in Bulgaria (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
Greece94.251.9-44.9%
OthersN/AN/A0%
Total94.251.9-44.9%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Bulgaria in 2022:

  1. Greece (4.0 tons)

Source: IndexBox Market Intelligence Platform

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