Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Norway - 2024
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $65,197 per ton in 2022, dropping by -43.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by 155%. Over the period under review, average import prices attained the peak figure at $147,174 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($235,143 per ton), while the price for Sweden ($32,957 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+34.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $12,623 per ton, with a decrease of -52% against the previous year. Overall, the export price showed a noticeable shrinkage. The growth pace was the most rapid in 2018 when the average export price increased by 31%. Over the period under review, the average export prices hit record highs at $26,304 per ton in 2021, and then reduced rapidly in the following year.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +12.1% per year.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Norway soared to 208 kg, increasing by 362% against the year before. In general, imports enjoyed a significant increase. 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 $14K in 2022. Overall, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 221%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 0.4 | 6.9 | 1625.0% |
| United Kingdom | 2.0 | 1.0 | 2.1 | 3.3 | 18.2% |
| Sweden | 1.8 | N/A | 0.3 | 1.5 | -5.9% |
| Italy | N/A | N/A | N/A | 0.8 | 0% |
| Germany | N/A | N/A | 1.5 | 0.8 | -46.7% |
| United States | N/A | 1.2 | 0.4 | 0.3 | -50.0% |
| Netherlands | N/A | 10.9 | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.6 | N/A | 41.4% |
| Total | 4.1 | 13.0 | 5.2 | 13.6 | 49.1% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Norway in 2022:
- Austria (130.0 kg)
- Sweden (46.0 kg)
- United Kingdom (14.0 kg)
- Italy (8.0 kg)
- Germany (8.0 kg)
- United States (2.0 kg)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Norway dropped significantly to 366 kg, shrinking by -95.1% against the year before. Overall, exports saw a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 24,763%.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds shrank remarkably to $4.6K in 2022. In general, exports saw a dramatic slump. The growth pace was the most rapid in 2021 when exports increased by 32,064%.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | 0.6 | N/A | 4.6 | 176.9% |
| Thailand | 314 | N/A | N/A | N/A | 0% |
| China | 36.0 | N/A | N/A | N/A | 0% |
| Vietnam | 86.7 | N/A | 196 | N/A | 50.4% |
| Others | 6.9 | N/A | N/A | N/A | 0% |
| Total | 444 | 0.6 | 196 | 4.6 | -78.2% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Norway in 2022:
- Denmark (366.0 kg)
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