Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (FOB) - 2023
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $86,805 per ton, falling by -9.7% against the previous year. In general, the import price, however, enjoyed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 69%. The import price peaked at $96,158 per ton in 2021, and then dropped in the following year.
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 United States ($188,596 per ton), while the price for Sweden ($9,998 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (FOB) - 2023
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $68,185 per ton in August 2023, picking up by 192% against the previous month. Over the period under review, the export price continues to indicate a notable increase. The export price peaked at $85,716 per ton in February 2023; however, from March 2023 to August 2023, the export prices failed to regain momentum.
Average prices varied somewhat for the major export markets. In August 2023, the country with the highest price was Italy ($90,374 per ton), while the average price for exports to Portugal ($64,972 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain
For the third year in a row, Spain recorded decline in supplies from abroad of nickel; bars, rods and profiles, of nickel alloyses, which decreased by -1% to 551 tons in 2022. In general, imports showed a sharp slump.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses shrank to $48M in 2022. Over the period under review, imports showed a dramatic descent.
Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 42.9 | 24.5 | 20.7 | 14.6 | -30.2% |
Japan | 17.6 | 19.6 | 9.4 | 14.2 | -6.9% |
Italy | 12.4 | 6.8 | 5.2 | 5.2 | -25.1% |
United Kingdom | 3.8 | 2.9 | 4.1 | 3.9 | 0.9% |
Israel | 5.1 | 6.4 | 6.4 | 2.9 | -17.2% |
Germany | 7.8 | 5.7 | 2.3 | 2.7 | -29.8% |
Mexico | 2.5 | 3.7 | 3.0 | 1.0 | -26.3% |
France | 3.2 | 2.3 | 0.8 | 0.7 | -39.7% |
Taiwan (Chinese) | N/A | N/A | 0.1 | 0.3 | 200.0% |
Austria | 0.8 | 0.4 | N/A | 0.2 | -37.0% |
Sweden | 3.1 | 0.7 | 0.1 | N/A | -82.0% |
Others | 2.4 | 1.5 | 1.3 | 2.1 | -4.4% |
Total | 101 | 74.5 | 53.5 | 47.8 | -22.1% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Spain in 2022:
- Japan (142.3 tons)
- Germany (121.1 tons)
- United States (77.6 tons)
- Italy (69.5 tons)
- United Kingdom (67.3 tons)
- Israel (19.1 tons)
- Taiwan (Chinese) (8.6 tons)
- Mexico (7.7 tons)
- France (7.6 tons)
- Austria (5.2 tons)
- Sweden (3.7 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain
For the third consecutive year, Spain recorded decline in shipments abroad of nickel; bars, rods and profiles, of nickel alloyses, which decreased by -40.4% to 30 tons in 2022. Overall, exports faced a precipitous decline.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses plummeted to $2M in 2022. Over the period under review, exports faced a significant decrease.
Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Spain (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | N/A | 10.6 | 677 | 580 | 639.7% |
France | 97.0 | 93.1 | 300 | 238 | 34.9% |
Portugal | 123 | 98.0 | 99.8 | 219 | 21.2% |
United States | 133 | 98.4 | 172 | 213 | 17.0% |
Japan | 192 | 367 | 431 | 164 | -5.1% |
Italy | 2,995 | 773 | 94.0 | 106 | -67.2% |
Mexico | 12,874 | 3,515 | 53.7 | 42.8 | -85.1% |
Germany | 9.7 | N/A | 1.1 | 37.4 | 56.8% |
Austria | 984 | 1,651 | 156 | 3.3 | -85.0% |
Others | 2,128 | 870 | 399 | 363 | -44.5% |
Total | 19,535 | 7,476 | 2,382 | 1,966 | -53.5% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Spain in 2022:
- France (9.3 tons)
- United States (5.8 tons)
- United Kingdom (4.7 tons)
- Portugal (3.8 tons)
- Italy (1.5 tons)
- Germany (1.4 tons)
- Japan (0.8 tons)
- Mexico (0.4 tons)
- Austria (0.3 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in Spain.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
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