Sulphates; of Nickel Price in Austria - 2023

Sulphates; of Nickel Price in Austria (FOB) - 2022

The average sulphates; of nickel export price stood at $6,028 per ton in 2022, with an increase of 40% against the previous year. Over the period under review, the export price recorded a temperate expansion. The most prominent rate of growth was recorded in 2021 an increase of 47% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($7,228 per ton), while the average price for exports to Poland ($3,268 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Nickel Price in Austria (CIF) - 2022

The average sulphates; of nickel import price stood at $11,460 per ton in 2022, growing by 134% against the previous year. Over the period under review, the import price continues to indicate a perceptible expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -3.1% per year.

Sulphates; of Nickel Exports in Austria

In 2022, overseas shipments of sulphates; of nickels increased by 22% to 1.7K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a deep contraction.

In value terms, sulphates; of nickel exports skyrocketed to $10M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Sulphates; of Nickel in Austria (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	2,303	2,082	1,821	2,687	5.3%
Italy	1,530	912	1,262	2,624	19.7%
France	846	447	931	1,480	20.5%
Spain	1,130	540	345	1,357	6.3%
Poland	384	807	399	952	35.3%
Slovenia	447	421	583	937	28.0%
Portugal	150	184	96.6	186	7.4%
Czech Republic	247	464	501	8.0	-68.1%
Others	280	128	12.8	7.1	-70.6%
Total	7,318	5,984	5,951	10,239	11.8%

Top Export Markets for Sulphates; of Nickel from Austria in 2022:

Germany (412.0 tons)
Italy (392.1 tons)
Poland (291.3 tons)
France (220.0 tons)
Spain (211.0 tons)
Slovenia (140.5 tons)
Portugal (30.0 tons)
Czech Republic (1.1 tons)

Sulphates; of Nickel Imports in Austria

In 2022, imports of sulphates; of nickels into Austria surged to 81 tons, growing by 50% on the previous year. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, sulphates; of nickel imports surged to $923K in 2022. In general, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.