Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland (CIF) - 2023
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland (CIF) - 2023

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $22,349 per ton in September 2023, which is down by -20.8% against the previous month. Over the period under review, the import price, however, enjoyed mild growth. The most prominent rate of growth was recorded in December 2022 an increase of 92% month-to-month. As a result, import price reached the peak level of $41,880 per ton. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In September 2023, the country with the highest price was Germany ($24,921 per ton), while the price for Sweden stood at $19,721 per ton.

From October 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.6%).

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

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $107,600 per ton in 2022, dropping by -6.2% against the previous year. Overall, the export price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when the average export price increased by 585%. Over the period under review, the average export prices attained the peak figure at $122,821 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were Sweden ($135,005 per ton) and Brazil ($107,766 per ton), while the average price for exports to Kazakhstan ($92,353 per ton) and the United States ($100,584 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+56.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland

In 2022, imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Finland skyrocketed to 122 tons, increasing by 16% compared with the previous year's figure. Over the period under review, imports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 17%.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $2.9M in 2022. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8701,2511,7642,2776.8%
Sweden44725897.6150-30.5%
NetherlandsN/A11.2N/A115220.4%
Italy14242.477.7107-9.0%
Others374213146244-13.3%
Total2,8331,7752,0862,8930.7%

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

  1. Germany (106.6 tons)
  2. Italy (5.6 tons)
  3. Netherlands (3.5 tons)
  4. Sweden (3.1 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland

In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses exported from Finland soared to 1.1 tons, increasing by 75% on the previous year's figure. In general, exports showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 385%. As a result, the exports reached the peak of 1.1 tons; afterwards, it flattened through to 2022.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $119K in 2022. Overall, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 140%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.1N/A13.163.9287.3%
Sweden12.639.256.025.927.1%
BrazilN/AN/AN/A25.30%
KazakhstanN/AN/AN/A3.10%
RussiaN/AN/A2.9N/A0%
GermanyN/A5.8N/AN/A0%
Luxembourg14.3N/AN/AN/A0%
PolandN/A2.4N/AN/A0%
TurkeyN/A19.9N/AN/A0%
Others0.10.10.50.9108.0%
Total28.167.572.511961.8%

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

  1. United States (635.0 kg)
  2. Brazil (235.0 kg)
  3. Sweden (192.0 kg)
  4. Kazakhstan (34.0 kg)

Source: IndexBox Market Intelligence Platform

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