Price for Nickel; Bars, Rods, Profiles and Wire in Poland - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Poland (CIF) - 2023
- Price for Nickel; Bars, Rods, Profiles and Wire in Poland (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Poland
- Exports of Nickel; Bars, Rods, Profiles and Wire in Poland
Price for Nickel; Bars, Rods, Profiles and Wire in Poland (CIF) - 2023
In August 2023, the average import price for nickel; bars, rods, profiles and wires amounted to $54,822 per ton, with an increase of 2.3% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.8%. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 18% against the previous month. As a result, import price attained the peak level of $59,235 per ton. From May 2023 to August 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Japan ($109K per ton), while the price for India ($32,055 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 the Netherlands (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Poland (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $36,364 per ton, picking up by 2.3% against the previous year. Over the period under review, the export price enjoyed modest growth. The pace of growth was the most pronounced in 2015 an increase of 165% against the previous year. The export price peaked at $58,784 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($135,654 per ton), while the average price for exports to Estonia ($5,427 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 the Netherlands (+21.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods, Profiles and Wire in Poland
In 2022, supplies from abroad of nickel; bars, rods, profiles and wires increased by 11% to 871 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt downturn.
In value terms, imports of nickel; bars, rods, profiles and wires surged to $38M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.2% 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 +63.8% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 4.8 | 10.9 | 14.2 | 56.6% |
| United States | 5.6 | 2.6 | 2.9 | 4.5 | -7.0% |
| Italy | 2.8 | 1.5 | 4.6 | 3.6 | 8.7% |
| Hungary | N/A | 0.9 | 0.4 | 2.9 | 79.5% |
| Czech Republic | 0.3 | 1.8 | 1.1 | 2.0 | 88.2% |
| United Kingdom | 4.0 | 2.7 | 1.1 | 1.6 | -26.3% |
| Denmark | N/A | N/A | 0.5 | 1.2 | 140.0% |
| Netherlands | 3.1 | 6.2 | 1.4 | 0.7 | -39.1% |
| Others | 4.3 | 2.3 | 4.3 | 6.9 | 17.1% |
| Total | 23.9 | 22.9 | 27.3 | 37.5 | 16.2% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Poland in 2022:
- Germany (369.3 tons)
- United States (97.4 tons)
- Italy (88.5 tons)
- Hungary (49.0 tons)
- Denmark (46.6 tons)
- Czech Republic (45.1 tons)
- United Kingdom (44.0 tons)
- Netherlands (18.0 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Poland
In 2022, overseas shipments of nickel; bars, rods, profiles and wires were finally on the rise to reach 50 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a drastic downturn.
In value terms, exports of nickel; bars, rods, profiles and wires surged to $1.8M in 2022. In general, exports, however, recorded a abrupt decrease.
| Export of Nickel; Bars, Rods, Profiles and Wire in Poland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.6 | 8.1 | 61.3 | 1,068 | 351.5% |
| Czech Republic | 70.6 | 67.9 | 116 | 195 | 40.3% |
| United States | 82.4 | 97.1 | 4.0 | 180 | 29.8% |
| Germany | 2.4 | 105 | 197 | 111 | 259.0% |
| Sweden | N/A | 56.2 | N/A | 62.6 | 5.5% |
| Lithuania | 0.6 | N/A | N/A | 56.0 | 353.6% |
| Russia | 979 | 324 | 317 | 35.5 | -66.9% |
| Ukraine | 23.7 | 142 | 14.5 | 13.2 | -17.7% |
| Estonia | 0.3 | N/A | 18.8 | 5.5 | 163.7% |
| Croatia | 86.2 | 219 | N/A | 0.2 | -86.8% |
| China | 907 | 512 | 377 | N/A | -35.5% |
| India | N/A | 247 | N/A | N/A | 0% |
| Others | 194 | 155 | 76.8 | 107 | -18.0% |
| Total | 2,357 | 1,934 | 1,182 | 1,835 | -8.0% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Poland in 2022:
- United Kingdom (35.2 tons)
- United States (4.8 tons)
- Sweden (2.4 tons)
- Germany (1.6 tons)
- Czech Republic (1.4 tons)
- Lithuania (1.3 tons)
- Estonia (1.0 tons)
- Russia (0.9 tons)
- Ukraine (0.3 tons)
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