Price for Nickel; Bars, Rods, Profiles and Wire in Luxembourg - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Luxembourg (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Luxembourg (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Luxembourg
- Exports of Nickel; Bars, Rods, Profiles and Wire in Luxembourg
Price for Nickel; Bars, Rods, Profiles and Wire in Luxembourg (CIF) - 2022
In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $45,307 per ton, dropping by -4.5% against the previous year. Over the period under review, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when the average import price increased by 54%. As a result, import price attained the peak level of $65,278 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 China ($249,706 per ton), while the price for Germany ($34,744 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Luxembourg (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $33,533 per ton, reducing by -11.2% against the previous year. In general, the export price recorded a deep reduction. The pace of growth appeared the most rapid in 2021 an increase of 13% against the previous year. The export price peaked at $81,222 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
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 Belgium ($43,176 per ton), while the average price for exports to Germany ($24,250 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 (-1.8%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Bars, Rods, Profiles and Wire in Luxembourg
In 2022, purchases abroad of nickel; bars, rods, profiles and wires decreased by -8.5% to 3.8 tons, falling for the second consecutive year after two years of growth. In general, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 25% against the previous year. As a result, imports reached the peak of 7.8 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nickel; bars, rods, profiles and wires reduced to $171K in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 29%. As a result, imports reached the peak of $354K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Bars, Rods, Profiles and Wire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 40.0 | 50.5 | 91.1 | 99.3 | 35.4% |
| United Kingdom | 56.6 | 37.0 | 15.3 | 21.2 | -27.9% |
| China | 6.5 | 23.9 | 24.1 | 21.2 | 48.3% |
| Sweden | 0.6 | 12.6 | 18.4 | 10.9 | 162.9% |
| Netherlands | 14.7 | 6.2 | 20.0 | 9.3 | -14.2% |
| France | 48.2 | 68.6 | 6.5 | 4.0 | -56.4% |
| Belgium | 20.4 | 15.1 | 20.0 | 0.9 | -64.7% |
| Italy | 58.7 | 136 | 0.3 | N/A | -92.9% |
| Others | 28.3 | 3.8 | N/A | 4.1 | -47.5% |
| Total | 274 | 354 | 196 | 171 | -14.5% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Luxembourg in 2022:
- Germany (2858.0 kg)
- United Kingdom (339.0 kg)
- Sweden (200.0 kg)
- Netherlands (144.0 kg)
- France (105.0 kg)
- China (85.0 kg)
- Belgium (12.0 kg)
Exports of Nickel; Bars, Rods, Profiles and Wire in Luxembourg
In 2022, approx. 1.1 tons of nickel; bars, rods, profiles and wires were exported from Luxembourg; which is down by -69.4% against the previous year. In general, exports continue to indicate a sharp decline. The growth pace was the most rapid in 2021 with an increase of 69%. As a result, the exports attained the peak of 3.5 tons, and then reduced rapidly in the following year.
In value terms, exports of nickel; bars, rods, profiles and wires fell significantly to $36K in 2022. Overall, exports faced a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 91%. As a result, the exports reached the peak of $134K, and then fell notably in the following year.
| Export of Nickel; Bars, Rods, Profiles and Wire in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 44.8 | 43.6 | 61.8 | 29.5 | -13.0% |
| Belgium | 14.9 | 16.7 | 8.1 | 5.1 | -30.0% |
| Germany | N/A | 5.5 | 24.8 | 0.1 | -86.5% |
| United States | N/A | N/A | 33.2 | N/A | 0% |
| Others | 11.9 | 4.0 | 5.9 | 1.6 | -48.8% |
| Total | 71.7 | 69.8 | 134 | 36.3 | -20.3% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Luxembourg in 2022:
- France (939.0 kg)
- Belgium (119.0 kg)
- Germany (4.0 kg)
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