Germany - Unwrought Nickel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Price in Germany - 2023
Contents:
- Nickel Price in Germany (CIF) - 2023
- Nickel Price in Germany (FOB) - 2023
- Nickel Imports in Germany
- Nickel Exports in Germany
Nickel Price in Germany (CIF) - 2023
In July 2023, the average nickel import price amounted to $23,328 per ton, shrinking by -3.9% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 15% month-to-month. The import price peaked at $27,959 per ton in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In July 2023, the countries with the highest prices were the UK ($25,896 per ton) and France ($24,945 per ton), while the price for Slovenia ($20,269 per ton) and Luxembourg ($22,059 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+0.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel Price in Germany (FOB) - 2023
The average nickel export price stood at $26,135 per ton in July 2023, rising by 5.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 15% against the previous month. As a result, the export price attained the peak level of $29,293 per ton. From February 2023 to July 2023, the the average export prices failed to regain momentum.
Average prices varied somewhat for the major overseas markets. In July 2023, the highest price was recorded for prices to the Czech Republic ($31,075 per ton) and Italy ($30,902 per ton), while the average price for exports to the Netherlands ($22,153 per ton) and France ($25,116 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel Imports in Germany
In 2022, nickel imports into Germany reached 63K tons, remaining stable against the previous year. In general, imports, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7.7% against the previous year.
In value terms, nickel imports soared to $1.5B in 2022. Over the period under review, imports enjoyed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 46%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Nickel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 459 | 330 | 482 | 655 | 12.6% |
| United Kingdom | 88.8 | 84.5 | 113 | 189 | 28.6% |
| Norway | 120 | 90.1 | 127 | 182 | 14.9% |
| Netherlands | 31.4 | 49.5 | 75.7 | 147 | 67.3% |
| Australia | 37.1 | 33.2 | 70.2 | 97.3 | 37.9% |
| Canada | 55.4 | 52.3 | 70.0 | 82.4 | 14.1% |
| Luxembourg | 27.9 | 12.7 | 32.2 | 32.1 | 4.8% |
| Finland | 38.8 | 31.8 | 39.0 | 23.9 | -14.9% |
| Others | 88.7 | 83.1 | 110 | 136 | 15.3% |
| Total | 947 | 767 | 1,119 | 1,545 | 17.7% |
Top Suppliers of Nickel to Germany in 2022:
- Russia (26.7K tons)
- United Kingdom (7.2K tons)
- Norway (7.1K tons)
- Netherlands (6.0K tons)
- Australia (3.8K tons)
- Canada (3.2K tons)
- Luxembourg (1.2K tons)
- Finland (0.9K tons)
Nickel Exports in Germany
In 2022, shipments abroad of unwrought nickel decreased by -7.4% to 14K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 1% against the previous year. As a result, the exports attained the peak of 17K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, nickel exports skyrocketed to $311M in 2022. The total export value increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 177 | 176 | 144 | 214 | 6.5% |
| Italy | 8.1 | 7.2 | 11.8 | 16.1 | 25.7% |
| France | 4.5 | 27.4 | 15.7 | 13.8 | 45.3% |
| Belgium | 2.3 | 2.0 | 4.5 | 8.3 | 53.4% |
| United Kingdom | 9.7 | 4.2 | 5.7 | 7.7 | -7.4% |
| Netherlands | 4.7 | 2.1 | 6.9 | 7.6 | 17.4% |
| Czech Republic | 4.2 | 3.3 | 5.3 | 7.4 | 20.8% |
| Spain | 5.1 | 6.5 | 5.8 | 5.4 | 1.9% |
| Others | 31.3 | 23.8 | 28.6 | 30.7 | -0.6% |
| Total | 247 | 252 | 229 | 311 | 8.0% |
Top Export Markets for Nickel from Germany in 2022:
- Austria (9.3K tons)
- France (1.4K tons)
- Italy (0.6K tons)
- United Kingdom (0.4K tons)
- Czech Republic (0.3K tons)
- Belgium (0.3K tons)
- Netherlands (0.2K tons)
- Spain (0.2K tons)
This report provides an in-depth analysis of the nickel market in Germany. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24451100 - Nickel, unwrought
- Prodcom 24451110 -
- Prodcom 24451120 -
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the nickel market in Germany.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Germany.
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This report provides an in-depth analysis of the nickel market in Germany.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
793
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
986
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1792
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
871
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
1170
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
793
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
986
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1792
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
