Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia - 2022

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $26,885 per ton in 2022, flattening at the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 23%. Over the period under review, average import prices attained the maximum at $27,517 per ton in 2012; however, from 2013 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 Germany ($51,000 per ton), while the price for Austria stood at $26,781 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.4%).

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $19,315 per ton, therefore, remained relatively stable against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72%. As a result, the export price reached the peak level of $24,672 per ton. From 2015 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to -11.4% per year.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia

In 2022, after three years of growth, there was significant decline in purchases abroad of nickel; bars, rods and profiles, not alloyeds, when their volume decreased by -81.6% to 1.7 tons. In general, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 93%.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds reduced rapidly to $46K in 2022. Overall, imports showed a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 106% against the previous year.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Austria	46.9	21.2	58.9	45.5	-1.0%
Germany	38.6	154	187	0.1	-86.3%
Others	0.2	1.4	0.6	0.3	14.5%
Total	85.7	176	247	45.9	-18.8%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Slovenia in 2022:

Austria (1699.0 kg)
Germany (2.0 kg)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Slovenia

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Slovenia was estimated at 73 kg, flattening at the previous year's figure. Over the period under review, exports recorded a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds stood at $1.4K in 2022. Overall, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in years to come.