Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Israel - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $34,253 per ton in 2022, increasing by 35% against the previous year. Over the period under review, import price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, not alloyeds increased by +91.5% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the United States ($34,314 per ton) and Sweden ($34,264 per ton), while the price for France ($34,091 per ton) and the UK ($34,188 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $35,971 per ton, jumping by 41% against the previous year. In general, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were Ukraine ($36,011 per ton) and the Czech Republic ($35,990 per ton), while the average price for exports to Bosnia and Herzegovina ($35,928 per ton) and Italy ($35,962 per ton) were amongst the lowest.

From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Palestine (+23.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel

In 2022, approx. 26 tons of nickel; bars, rods and profiles, not alloyeds were imported into Israel; jumping by 309% on 2021 figures. In general, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds surged to $896K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A8250%
Italy13.0N/A21.030.032.1%
SwedenN/A5.01.027.0132.4%
United States73.018.017.07.0-54.2%
France24.025.01213.0-50.0%
Others18.03.02.04.0-39.4%
Total12851.016289691.3%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Israel in 2022:

  1. Kazakhstan (24.1 tons)
  2. Italy (0.9 tons)
  3. Sweden (0.8 tons)
  4. United States (0.2 tons)
  5. France (0.1 tons)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel

In 2022, shipments abroad of nickel; bars, rods and profiles, not alloyeds decreased by -61.7% to 4.6 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,855% against the previous year. As a result, the exports reached the peak of 29 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds shrank rapidly to $165K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 2,700%. As a result, the exports reached the peak of $672K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A88.00%
TurkeyN/AN/AN/A19.00%
Czech RepublicN/A13.8N/A14.00.7%
UkraineN/AN/AN/A13.00%
Bosnia and HerzegovinaN/A32.819.612.0-39.5%
AlbaniaN/AN/AN/A10.00%
MaltaN/AN/AN/A5.00%
Palestine15.0274158N/A224.6%
Vietnam7.626293.5N/A250.8%
Serbia1.455.731.7N/A375.8%
OthersN/A33.33.64.0-65.3%
Total24.067230616590.1%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Israel in 2022:

  1. Italy (2447.0 kg)
  2. Turkey (528.0 kg)
  3. Czech Republic (389.0 kg)
  4. Ukraine (361.0 kg)
  5. Bosnia and Herzegovina (334.0 kg)
  6. Albania (278.0 kg)
  7. Malta (139.0 kg)

Source: IndexBox Market Intelligence Platform

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