Price for Nickel; Plates, Sheets, Strip and Foil in Romania - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Romania (CIF) - 2023
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Romania (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Romania
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Romania

Price for Nickel; Plates, Sheets, Strip and Foil in Romania (CIF) - 2023

In December 2023, the average import price for nickel; plates, sheets, strip and foils amounted to $67,591 per ton, shrinking by -7.9% against the previous month. In general, the import price, however, enjoyed strong growth. The growth pace was the most rapid in November 2023 an increase of 144% month-to-month. As a result, import price reached the peak level of $73,397 per ton, and then shrank in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($85,495 per ton), while the price for China totaled $12,242 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Hungary (+2.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Romania (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $24,605 per ton in 2022, growing by 40% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2013 an increase of 225% against the previous year. As a result, the export price reached the peak level of $150,302 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Madagascar ($46,361 per ton), while the average price for exports to Bulgaria ($15,615 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 Greece (+4.7%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Plates, Sheets, Strip and Foil in Romania

Imports of nickel; plates, sheets, strip and foils into Romania reduced modestly to 164 tons in 2022, almost unchanged from 2021. Overall, imports, however, posted a remarkable increase. The growth pace was the most rapid in 2021 when imports increased by 147% against the previous year. As a result, imports reached the peak of 166 tons, and then shrank slightly in the following year.

In value terms, imports of nickel; plates, sheets, strip and foils dropped modestly to $4.3M in 2022. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 129%. As a result, imports attained the peak of $4.5M, and then fell in the following year.

Import of Nickel; Plates, Sheets, Strip and Foil in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A1961,2601,879209.6%
Germany1,7196229241,050-15.2%
France1,099320567667-15.3%
HungaryN/A14832321921.6%
Italy87.842.24771159.4%
Czech Republic14110331932.3-38.8%
Austria0.339134.30.1-30.7%
Others3361465953834.5%
Total3,3831,9694,5004,3458.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Romania in 2022:

  1. Japan (105.2 tons)
  2. Germany (28.4 tons)
  3. France (14.9 tons)
  4. Hungary (6.7 tons)
  5. Italy (2.3 tons)
  6. Czech Republic (0.5 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Romania

In 2022, approx. 73 tons of nickel; plates, sheets, strip and foils were exported from Romania; with an increase of 40% on the previous year. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 167% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of nickel; plates, sheets, strip and foils skyrocketed to $1.8M in 2022. Overall, exports recorded a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 131%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Nickel; Plates, Sheets, Strip and Foil in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy80.5308826924125.6%
MadagascarN/AN/AN/A8570%
Bulgaria23.843.934.07.3-32.6%
Greece16643.553.76.5-66.0%
Others44.40.72.30.4-79.2%
Total3153979161,79578.6%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Romania in 2022:

  1. Italy (53.8 tons)
  2. Madagascar (18.5 tons)
  3. Bulgaria (0.5 tons)
  4. Greece (0.2 tons)

Source: IndexBox Market Intelligence Platform

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