Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Sweden - 2023

Contents:

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

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

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $36,870 per ton, surging by 53% against the previous year. Overall, the export price continues to indicate moderate growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($70,877 per ton), while the average price for exports to Germany ($12,965 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 (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $45,880 per ton, growing by 22% against the previous year. Overall, the import price posted a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 77% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($49,921 per ton), while the price for Italy ($16,688 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+8.4%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds exported from Sweden soared to 43 tons, rising by 47% compared with the year before. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 329% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds surged to $1.6M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 301% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom42.558.05901,198204.3%
Germany17961.915.180.9-23.3%
South Korea0.51.6N/A65.1406.8%
United States18.6N/AN/A53.842.5%
Netherlands4.48.412.944.8116.7%
IsraelN/A6.46.942.7158.3%
Czech Republic14.64.87.318.58.2%
Others30.036.378.991.645.1%
Total2891777111,59676.8%

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

  1. United Kingdom (31.6 tons)
  2. Germany (6.2 tons)
  3. Netherlands (1.0 tons)
  4. South Korea (0.9 tons)
  5. United States (0.8 tons)
  6. Israel (0.8 tons)
  7. Czech Republic (0.3 tons)

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

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Sweden shrank remarkably to 7.3 tons, which is down by -62.3% compared with the year before. In general, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when imports increased by 452% against the previous year. As a result, imports reached the peak of 19 tons, and then dropped rapidly in the following year.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds dropped dramatically to $334K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 683%. As a result, imports attained the peak of $726K, and then plummeted in the following year.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany89.354.133.429649.1%
AustriaN/AN/A33.724.6-27.0%
United Kingdom16.85.36283.5-40.7%
ItalyN/AN/AN/A3.30%
China0.8N/A27.13.157.1%
Others11.433.23.83.1-35.2%
Total11892.672633441.5%

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

  1. Germany (5.9 tons)
  2. Austria (0.9 tons)
  3. Italy (0.2 tons)
  4. United Kingdom (0.1 tons)
  5. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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