Price for Nickel; Unwrought, Not Alloyed in Slovakia - 2023

Contents:

  1. Price for Nickel; Unwrought, Not Alloyed in Slovakia (CIF) - 2023
  2. Price for Nickel; Unwrought, Not Alloyed in Slovakia (FOB) - 2022
  3. Imports of Nickel; Unwrought, Not Alloyed in Slovakia
  4. Exports of Nickel; Unwrought, Not Alloyed in Slovakia

Price for Nickel; Unwrought, Not Alloyed in Slovakia (CIF) - 2023

The average nickel; unwrought, not alloyed import price stood at $15,734 per ton in June 2023, falling by -33.2% against the previous month. In general, the import price saw a noticeable decrease. The pace of growth appeared the most rapid in January 2023 an increase of 154% m-o-m. The import price peaked at $35,722 per ton in July 2022; however, from August 2022 to June 2023, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was the Czech Republic ($17,624 per ton), while the price for Germany stood at $13,132 per ton.

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

Price for Nickel; Unwrought, Not Alloyed in Slovakia (FOB) - 2022

In 2022, the average nickel; unwrought, not alloyed export price amounted to $25,995 per ton, standing approx. at the previous year. In general, the export price recorded a slight increase. The most prominent rate of growth was recorded in 2014 an increase of 83%. The export price peaked at $80,737 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($29,769 per ton), while the average price for exports to Italy totaled $25,273 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+2.8%).

Imports of Nickel; Unwrought, Not Alloyed in Slovakia

Nickel; unwrought, not alloyed imports into Slovakia expanded markedly to 85 tons in 2022, with an increase of 5.3% compared with the previous year's figure. Overall, imports, however, saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 27%.

In value terms, nickel; unwrought, not alloyed imports surged to $2.2M in 2022. In general, imports posted measured growth. The most prominent rate of growth was recorded in 2021 when imports increased by 56% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Nickel; Unwrought, Not Alloyed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A5310%
Czech Republic22142.756.250531.7%
CanadaN/AN/AN/A3100%
PolandN/AN/AN/A1660%
Russia17.447.120131.922.4%
Germany10724370431.4-33.5%
NetherlandsN/AN/A176N/A0%
Luxembourg968N/AN/AN/A0%
Australia471416N/AN/A-11.7%
Others19319032958644.8%
Total1,9769401,4662,1613.0%

Top Suppliers of Nickel; Unwrought, Not Alloyed to Slovakia in 2022:

  1. Czech Republic (20.5 tons)
  2. United Kingdom (16.6 tons)
  3. Canada (7.6 tons)
  4. Poland (6.8 tons)
  5. Germany (1.9 tons)
  6. Russia (1.3 tons)

Exports of Nickel; Unwrought, Not Alloyed in Slovakia

For the third consecutive year, Slovakia recorded decline in shipments abroad of nickel; unwrought, not alloyeds, which decreased by 0% to 8.1 tons in 2022. Overall, exports showed a significant expansion. The smallest decline of -15.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; unwrought, not alloyed exports totaled $211K in 2022. In general, exports showed significant growth. The smallest decline of -29.6% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nickel; Unwrought, Not Alloyed in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A1720%
Czech Republic7.1N/AN/A38.776.0%
Hungary29.3N/AN/AN/A0%
SloveniaN/A25.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total36.425.6N/A21179.6%

Top Export Markets for Nickel; Unwrought, Not Alloyed from Slovakia in 2022:

  1. Italy (6.8 tons)
  2. Czech Republic (1.3 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Top Import Markets for Nickel in the World
May 9, 2024
Eye 69

Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.

Which Country Imports the Most Unwrought Nickel in the World?
May 28, 2018
Eye 1178

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...

Which Country Exports the Most Unwrought Nickel in the World?
May 28, 2018
Eye 808

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...

Nickel Market - Canada Remains the Global Leader in Unwrought Nickel Exports
Aug 20, 2015
Eye 993

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%

Russia Ranks First Globally in Exports of Unwrought Nickel, with $3.7B in 2014
Jul 23, 2015
Eye 1802

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

Nickel Prices Shoot Up Due to Supply Lagging Behind Robust Demand
Jul 9, 2021
Eye 881

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. 

Top Import Markets for Nickel in the World
May 9, 2024
Eye 69

Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.

Which Country Imports the Most Unwrought Nickel in the World?
May 28, 2018
Eye 1178

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...

Which Country Exports the Most Unwrought Nickel in the World?
May 28, 2018
Eye 808

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...

Nickel Market - Canada Remains the Global Leader in Unwrought Nickel Exports
Aug 20, 2015
Eye 993

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%

Free Data: Nickel; unwrought, not alloyed - Slovakia