Price for Nickel; Plates, Sheets, Strip and Foil in Denmark - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Denmark (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Denmark (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Denmark
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Denmark

Price for Nickel; Plates, Sheets, Strip and Foil in Denmark (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $41,970 per ton in 2022, shrinking by -15.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of 47%. Over the period under review, average import prices reached the maximum at $49,625 per ton in 2021, and then dropped notably 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 the Netherlands ($95,007 per ton), while the price for Poland ($19,390 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Denmark (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $24,685 per ton in 2022, jumping by 33% against the previous year. Over the period under review, the export price, however, showed a mild reduction. The pace of growth appeared the most rapid in 2018 an increase of 49% against the previous year. Over the period under review, the average export prices reached the maximum at $29,335 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($89,120 per ton), while the average price for exports to Poland ($19,207 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 UK (+15.2%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel; Plates, Sheets, Strip and Foil in Denmark

In 2022, approx. 103 tons of nickel; plates, sheets, strip and foils were imported into Denmark; picking up by 69% against the year before. In general, imports, however, continue to indicate a deep setback.

In value terms, imports of nickel; plates, sheets, strip and foils skyrocketed to $4.3M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Nickel; Plates, Sheets, Strip and Foil in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7024051,1872,62615.6%
United States822542180576-11.2%
Sweden7825941,076458-16.3%
Netherlands51.117831.918653.8%
Switzerland92.812011915017.4%
France49221.587.799.6-41.3%
United Kingdom24.234.330.887.153.3%
Slovenia43.475.517449.44.4%
Others22865.213372.1-31.9%
Total4,2382,0363,0194,3040.5%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Denmark in 2022:

  1. Germany (72.1 tons)
  2. Sweden (12.8 tons)
  3. United States (7.9 tons)
  4. France (2.3 tons)
  5. Netherlands (2.0 tons)
  6. Switzerland (1.7 tons)
  7. United Kingdom (1.6 tons)
  8. Slovenia (0.9 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Denmark

In 2022, shipments abroad of nickel; plates, sheets, strip and foils decreased by -33.2% to 19 tons, falling for the second year in a row after two years of growth. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 18%. As a result, the exports reached the peak of 76 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of nickel; plates, sheets, strip and foils dropped to $471K in 2022. In general, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2020 with an increase of 21% against the previous year. As a result, the exports attained the peak of $1.6M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Nickel; Plates, Sheets, Strip and Foil in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,1041,427326320-33.8%
SloveniaN/AN/AN/A91.50%
Germany55.290.715616.3-33.4%
NorwayN/AN/A4.415.7256.8%
United Kingdom11.014.96.36.6-15.7%
Others17597.536.820.1-51.4%
Total1,3451,630530471-29.5%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Denmark in 2022:

  1. Poland (16.7 tons)
  2. Slovenia (1.2 tons)
  3. Norway (0.4 tons)
  4. United Kingdom (0.3 tons)
  5. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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