Price for Nickel; Bars, Rods, Profiles and Wire in Ireland - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Ireland (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Ireland (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Ireland
- Exports of Nickel; Bars, Rods, Profiles and Wire in Ireland
Price for Nickel; Bars, Rods, Profiles and Wire in Ireland (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $132,504 per ton in 2022, shrinking by -4.2% against the previous year. Over the period under review, the import price, however, recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 87% against the previous year. The import price peaked at $138,318 per ton in 2021, and then reduced slightly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($403,031 per ton), while the price for France ($21,461 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Ireland (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $126,535 per ton, shrinking by -27% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2016 an increase of 102%. The export price peaked at $212,311 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($1,125,534 per ton), while the average price for exports to the United Arab Emirates ($20,680 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 United States (+2.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Bars, Rods, Profiles and Wire in Ireland
After two years of decline, overseas purchases of nickel; bars, rods, profiles and wires increased by 42% to 160 tons in 2022. In general, imports, however, recorded a abrupt decrease.
In value terms, imports of nickel; bars, rods, profiles and wires soared to $21M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Ireland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 15.2 | 12.8 | 13.3 | 17.6 | 5.0% |
United Kingdom | 0.5 | 0.9 | 0.8 | 1.6 | 47.4% |
Austria | 0.5 | 0.6 | 0.9 | 1.0 | 26.0% |
Germany | 1.6 | 0.6 | 0.1 | 0.4 | -37.0% |
France | 0.2 | N/A | 0.1 | 0.2 | 0.0% |
Others | 0.3 | 0.4 | 0.4 | 0.4 | 10.1% |
Total | 18.3 | 15.2 | 15.6 | 21.2 | 5.0% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Ireland in 2022:
- United Kingdom (57.4 tons)
- United States (43.6 tons)
- Austria (36.1 tons)
- Germany (10.1 tons)
- France (7.7 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Ireland
Exports of nickel; bars, rods, profiles and wires from Ireland skyrocketed to 59 tons in 2022, growing by 74% compared with 2021 figures. In general, exports saw a resilient expansion. 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 $7.5M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
Export of Nickel; Bars, Rods, Profiles and Wire in Ireland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 699 | 1,129 | 1,381 | 1,820 | 37.6% |
Germany | 1,152 | 1,235 | 1,164 | 1,612 | 11.9% |
United States | 420 | 293 | 875 | 677 | 17.3% |
Singapore | 411 | 229 | 257 | 658 | 17.0% |
Netherlands | 428 | 138 | 315 | 527 | 7.2% |
United Arab Emirates | 56.0 | 9.4 | 85.9 | 170 | 44.8% |
South Korea | 46.7 | 11.9 | 97.4 | 152 | 48.2% |
India | 70.6 | 35.2 | 60.8 | 79.7 | 4.1% |
Malaysia | 50.3 | 61.1 | 91.7 | 46.5 | -2.6% |
Saudi Arabia | 28.6 | 30.9 | 31.9 | 30.8 | 2.5% |
Indonesia | 51.4 | 36.5 | 1.2 | 5.1 | -53.7% |
Mexico | 509 | 399 | 220 | N/A | -34.3% |
Others | 657 | 722 | 1,354 | 1,739 | 38.3% |
Total | 4,581 | 4,329 | 5,935 | 7,516 | 17.9% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Ireland in 2022:
- Singapore (27.6 tons)
- United Arab Emirates (8.2 tons)
- South Korea (5.2 tons)
- Germany (3.0 tons)
- India (2.9 tons)
- United States (2.6 tons)
- Netherlands (2.2 tons)
- France (1.6 tons)
- Malaysia (1.4 tons)
- Saudi Arabia (1.3 tons)
- Indonesia (0.1 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in Ireland.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
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