Price for Nickel Oxides and Hydroxides in Hungary - 2023

Contents:

  1. Price for Nickel Oxides and Hydroxides in Hungary (CIF) - 2022
  2. Imports of Nickel Oxides and Hydroxides in Hungary

Price for Nickel Oxides and Hydroxides in Hungary (CIF) - 2022

The average nickel oxides and hydroxides import price stood at $22,286 per ton in 2022, waning by -54.2% against the previous year. In general, the import price showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 132% against the previous year. As a result, import price attained the peak level of $52,000 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -6.7% per year.

Imports of Nickel Oxides and Hydroxides in Hungary

In 2022, nickel oxides and hydroxides imports into Hungary dropped significantly to 7 kg, which is down by -93% compared with the year before. In general, imports saw a sharp downturn. The pace of growth was the most pronounced in 2021 when imports increased by 4,900% against the previous year.

In value terms, nickel oxides and hydroxides imports dropped significantly to $156 in 2022. Overall, imports continue to indicate a significant contraction. The pace of growth was the most pronounced in 2021 with an increase of 6,053%.

Import of Nickel Oxides and Hydroxides in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A0.20%
Germany13.60.10.1N/A-91.4%
AustriaN/AN/A4.7N/A0%
OthersN/AN/AN/AN/A0%
Total13.60.14.90.2-75.5%

Top Suppliers of Nickel Oxides and Hydroxides to Hungary in 2022:

  1. Turkey (7.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel oxides and hydroxides - Hungary