Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $40,693 per ton, shrinking by -2.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22% against the previous year. As a result, import price attained the peak level of $41,661 per ton, and then dropped modestly in the following year.
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 Germany ($61,097 per ton), while the price for the United States amounted to $39,665 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%).
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (FOB) - 2022
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $49,559 per ton in 2022, rising by 4.8% against the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for nickel; bars, rods and profiles, of nickel alloyses increased by +39.6% against 2017 indices. The growth pace was the most rapid in 2021 when the average export price increased by 35% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($70,179 per ton), while the average price for exports to the United States ($19,122 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 France (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Belgium soared to 698 tons, jumping by 22% compared with 2021. Overall, imports, however, faced a sharp slump.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $28M in 2022. Over the period under review, imports, however, continue to indicate a abrupt shrinkage.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 43.3 | 50.9 | 21.3 | 26.8 | -14.8% |
| Others | 2.4 | 1.3 | 2.6 | 1.7 | -10.9% |
| Total | 45.7 | 52.2 | 23.8 | 28.4 | -14.7% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Belgium in 2022:
- United States (674.4 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium
In 2022, shipments abroad of nickel; bars, rods and profiles, of nickel alloyses was finally on the rise to reach 366 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a precipitous decrease.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $18M in 2022. Over the period under review, exports, however, showed a significant curtailment.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 18.7 | 16.8 | 10.5 | 10.5 | -17.5% |
| Germany | 3.0 | 2.4 | 1.2 | 4.9 | 17.8% |
| Italy | 1.5 | 1.5 | 1.3 | 1.2 | -7.2% |
| Poland | 0.3 | N/A | N/A | 0.6 | 26.0% |
| United States | 0.1 | 0.4 | N/A | 0.3 | 44.2% |
| Hungary | 0.1 | 0.2 | 0.4 | 0.3 | 44.2% |
| United Kingdom | 23.1 | 15.1 | N/A | N/A | -34.6% |
| Others | 0.8 | 0.5 | 0.2 | 0.3 | -27.9% |
| Total | 47.6 | 36.8 | 13.7 | 18.2 | -27.4% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Belgium in 2022:
- France (149.6 tons)
- Germany (131.1 tons)
- Italy (37.1 tons)
- United States (17.5 tons)
- Poland (16.8 tons)
- Hungary (7.2 tons)
- United Kingdom (0.7 tons)
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