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

Contents:

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

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

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $19,258 per ton in 2022, increasing by 19% against the previous year. Over the period under review, the export price, however, saw a abrupt decline. Over the period under review, the average export prices attained the maximum at $33,771 per ton in 2013; however, from 2014 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 France ($50,279 per ton), while the average price for exports to Germany ($16,233 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 (+5.7%), while the prices for the other major destinations experienced a decline.

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

In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $37,126 per ton, declining by -12.4% against the previous month. Overall, the import price, however, continues to indicate modest growth. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 32% month-to-month. As a result, import price reached the peak level of $52,081 per ton. From July 2023 to October 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($54,187 per ton), while the price for the UK ($25,919 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Sweden surged to 2.4K tons in 2022, jumping by 30% against the previous year. In general, exports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 39% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $45M in 2022. Over the period under review, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.80.710.515.2166.8%
United States7.51.74.310.812.9%
China0.11.30.79.6357.9%
India1.31.32.02.422.7%
Italy4.01.01.02.2-18.1%
France8.60.10.30.5-61.3%
Saudi ArabiaN/A8.6N/AN/A0%
Others2.95.210.64.717.5%
Total25.319.929.545.421.5%

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

  1. Germany (934.9 tons)
  2. China (561.9 tons)
  3. United States (546.6 tons)
  4. India (96.9 tons)
  5. Italy (71.4 tons)
  6. France (10.6 tons)

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

In 2022, approx. 877 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were imported into Sweden; jumping by 31% on 2021 figures. Over the period under review, imports recorded a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 97% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $24M in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 101%. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.94.411.312.929.8%
United Kingdom0.21.03.64.6184.4%
Germany6.12.00.94.0-13.1%
Japan0.50.50.31.233.9%
Lithuania0.1N/A0.20.791.3%
Others0.70.60.70.98.7%
Total13.58.416.924.522.0%

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

  1. United States (342.3 tons)
  2. United Kingdom (176.0 tons)
  3. Lithuania (158.3 tons)
  4. Germany (128.2 tons)
  5. Japan (40.0 tons)

Source: IndexBox Market Intelligence Platform

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