Price for Nickel; Unwrought, Not Alloyed in Bulgaria - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Bulgaria (CIF) - 2023
- Price for Nickel; Unwrought, Not Alloyed in Bulgaria (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Bulgaria
- Exports of Nickel; Unwrought, Not Alloyed in Bulgaria
Price for Nickel; Unwrought, Not Alloyed in Bulgaria (CIF) - 2023
The average nickel; unwrought, not alloyed import price stood at $27,242 per ton in June 2023, shrinking by -22.9% against the previous month. Over the period under review, the import price showed a noticeable shrinkage. The pace of growth was the most pronounced in May 2023 an increase of 36% m-o-m. Over the period under review, average import prices reached the maximum at $41,063 per ton in June 2022; however, from July 2022 to June 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In June 2023, the country with the highest price was France ($27,833 per ton), while the price for Poland ($25,179 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Unwrought, Not Alloyed in Bulgaria (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $19,600 per ton in 2022, falling by -13.5% against the previous year. Overall, the export price recorded a mild decrease. The growth pace was the most rapid in 2013 when the average export price increased by 10%. As a result, the export price reached the peak level of $26,208 per ton. From 2014 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 Armenia.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +4.5% per year.
Imports of Nickel; Unwrought, Not Alloyed in Bulgaria
In 2022, purchases abroad of nickel; unwrought, not alloyeds decreased by -16.2% to 161 tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 24%. As a result, imports attained the peak of 192 tons, and then shrank dramatically in the following year.
In value terms, nickel; unwrought, not alloyed imports soared to $4.3M in 2022. In general, imports, however, showed a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 58%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Nickel; Unwrought, Not Alloyed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 692 | 1,142 | 1,484 | 1,338 | 24.6% |
| France | 13.0 | 191 | 502 | 1,179 | 349.3% |
| Germany | 896 | 731 | 706 | 1,074 | 6.2% |
| Italy | 151 | 28.2 | 421 | 494 | 48.5% |
| Poland | 57.1 | 112 | 128 | 140 | 34.8% |
| Slovenia | 52.9 | 131 | 2.3 | 56.7 | 2.3% |
| Belgium | 40.5 | N/A | 188 | N/A | 115.5% |
| Finland | N/A | N/A | 201 | N/A | 0% |
| Others | 3.9 | 9.0 | 78.2 | 8.9 | 31.7% |
| Total | 1,906 | 2,345 | 3,709 | 4,292 | 31.1% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Bulgaria in 2022:
- Netherlands (60.9 tons)
- France (42.4 tons)
- Germany (33.8 tons)
- Italy (16.3 tons)
- Poland (5.1 tons)
- Slovenia (2.5 tons)
Exports of Nickel; Unwrought, Not Alloyed in Bulgaria
Nickel; unwrought, not alloyed exports from Bulgaria skyrocketed to 697 kg in 2022, jumping by 42% on 2021 figures. In general, total exports indicated a significant expansion from 2021 to 2022: its volume increased at an average annual rate of +42.2% over the last one years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed exports surged to $14K in 2022. The total export value increased at an average annual rate of +23.1% from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Not Alloyed in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Armenia | N/A | 13.7 | 0% | ||
| Greece | 11.1 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 11.1 | 13.7 | 23.4% | ||
Top Export Markets for Nickel; Unwrought, Not Alloyed from Bulgaria in 2022:
- Armenia (697.0 kg)
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This report provides an in-depth analysis of the nickel market in Bulgaria.
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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 Bulgaria.
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This report provides an in-depth analysis of the nickel market in Bulgaria.
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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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