Price for Nickel; Bars, Rods, Profiles and Wire in the Czech Republic - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (CIF) - 2023
- Price for Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (FOB) - 2023
- Imports of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic
- Exports of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic
Price for Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (CIF) - 2023
In August 2023, the average import price for nickel; bars, rods, profiles and wires amounted to $59,194 per ton, surging by 21% against the previous month. Over the last eight-month period, it increased at an average monthly rate of +6.9%. The pace of growth appeared the most rapid in January 2023 an increase of 44% against the previous month. Over the period under review, average import prices hit record highs in August 2023.
Prices varied noticeably by the country of origin: the country with the highest price was France ($327K per ton), while the price for Poland ($4,025 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+34.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (FOB) - 2023
The average export price for nickel; bars, rods, profiles and wires stood at $32,681 per ton in August 2023, falling by -17.1% against the previous month. Overall, the export price recorded a mild curtailment. The pace of growth was the most pronounced in May 2023 when the average export price increased by 37% month-to-month. Over the period under review, the average export prices reached the peak figure at $53,448 per ton in June 2023; however, from July 2023 to August 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Italy ($270K per ton), while the average price for exports to Sweden ($22,209 per ton) was amongst the lowest.
From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+32.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic
In 2022, supplies from abroad of nickel; bars, rods, profiles and wires was finally on the rise to reach 1.1K tons after two years of decline. In general, imports, however, showed a deep downturn.
In value terms, imports of nickel; bars, rods, profiles and wires soared to $39M in 2022. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 17.0 | 10.7 | 12.5 | 18.7 | 3.2% |
| Germany | 8.6 | 5.8 | 4.9 | 6.3 | -9.9% |
| United Kingdom | 2.0 | 2.9 | 1.8 | 4.3 | 29.1% |
| Italy | 1.7 | 0.8 | 1.2 | 2.3 | 10.6% |
| Sweden | 0.8 | 1.1 | 0.7 | 1.6 | 26.0% |
| Austria | 0.9 | 0.7 | 0.8 | 1.4 | 15.9% |
| United States | 1.8 | 1.7 | 1.2 | 1.0 | -17.8% |
| Taiwan (Chinese) | 0.2 | N/A | 0.2 | 0.6 | 44.2% |
| Others | 1.2 | 1.9 | 2.7 | 2.8 | 32.6% |
| Total | 34.2 | 25.6 | 26.1 | 39.0 | 4.5% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to the Czech Republic in 2022:
- France (627.5 tons)
- Germany (157.1 tons)
- United Kingdom (90.9 tons)
- Italy (51.6 tons)
- Austria (42.5 tons)
- Sweden (33.5 tons)
- Taiwan (Chinese) (28.5 tons)
- United States (6.7 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic
In 2022, the amount of nickel; bars, rods, profiles and wires exported from the Czech Republic soared to 935 tons, rising by 83% on 2021. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods, profiles and wires soared to $30M in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods, Profiles and Wire in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.4 | 1.7 | 3.6 | 11.3 | 204.6% |
| Italy | N/A | 0.3 | 0.8 | 8.5 | 432.3% |
| United Kingdom | 3.1 | 2.4 | 1.5 | 2.5 | -6.9% |
| India | 0.4 | 0.9 | 0.6 | 1.0 | 35.7% |
| France | 1.5 | 0.7 | 2.5 | 0.7 | -22.4% |
| Saudi Arabia | N/A | 0.5 | 1.2 | 0.6 | 9.5% |
| United States | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Sweden | 2.7 | 3.8 | 0.6 | 0.2 | -58.0% |
| Others | 1.5 | 2.2 | 4.2 | 4.3 | 42.1% |
| Total | 9.6 | 12.5 | 15.0 | 29.5 | 45.4% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from the Czech Republic in 2022:
- Italy (345.3 tons)
- China (322.7 tons)
- United Kingdom (91.9 tons)
- France (24.0 tons)
- India (23.2 tons)
- Saudi Arabia (21.9 tons)
- United States (16.4 tons)
- Sweden (5.9 tons)
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