Price for Nickel; Unwrought, Not Alloyed in France - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in France (CIF) - 2023
- Price for Nickel; Unwrought, Not Alloyed in France (FOB) - 2023
- Imports of Nickel; Unwrought, Not Alloyed in France
- Exports of Nickel; Unwrought, Not Alloyed in France
Price for Nickel; Unwrought, Not Alloyed in France (CIF) - 2023
The average nickel; unwrought, not alloyed import price stood at $22,258 per ton in July 2023, reducing by -1.8% against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when the average import price increased by 81% m-o-m. The import price peaked at $26,023 per ton in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($25,505 per ton), while the price for Austria ($8,605 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Austria (+0.8%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Unwrought, Not Alloyed in France (FOB) - 2023
In July 2023, the average nickel; unwrought, not alloyed export price amounted to $23,248 per ton, growing by 2.2% against the previous month. In general, the export price, however, saw a mild downturn. The pace of growth appeared the most rapid in December 2022 an increase of 32% against the previous month. As a result, the export price attained the peak level of $30,586 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Egypt ($41,961 per ton), while the average price for exports to Germany ($21,419 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Egypt (+1.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Unwrought, Not Alloyed in France
In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; unwrought, not alloyeds, when their volume increased by 5.4% to 27K tons. Overall, imports, however, showed a mild decline.
In value terms, nickel; unwrought, not alloyed imports surged to $655M in 2022. In general, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nickel; Unwrought, Not Alloyed in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Luxembourg | 15.9 | 191 | 256 | 375 | 186.8% |
Netherlands | 4.6 | 47.0 | 96.6 | 174 | 235.7% |
Germany | 15.9 | 12.6 | 23.5 | 31.5 | 25.6% |
Belgium | 7.1 | 8.0 | 26.4 | 27.9 | 57.8% |
United Kingdom | 25.9 | 23.9 | 10.2 | 13.6 | -19.3% |
Poland | N/A | 0.3 | 2.0 | 11.9 | 529.8% |
Austria | 0.9 | 0.3 | 1.1 | 8.4 | 110.5% |
Finland | 16.1 | 5.0 | 9.3 | 3.8 | -38.2% |
Canada | 46.6 | 18.0 | 0.9 | 0.1 | -87.1% |
Russia | 62.3 | N/A | N/A | N/A | 0% |
Norway | 138 | N/A | N/A | N/A | 0% |
Australia | 32.1 | N/A | N/A | N/A | 0% |
Others | 4.8 | 1.2 | 5.8 | 8.9 | 22.9% |
Total | 370 | 307 | 432 | 655 | 21.0% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to France in 2022:
- Canada (undefinedK tons)
- Luxembourg (14.4K tons)
- Netherlands (6.6K tons)
- Germany (2.4K tons)
- Belgium (1.1K tons)
- Austria (0.9K tons)
- Poland (0.5K tons)
- United Kingdom (0.5K tons)
- Finland (0.2K tons)
Exports of Nickel; Unwrought, Not Alloyed in France
In 2022, overseas shipments of nickel; unwrought, not alloyeds decreased by -44.3% to 3.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year.
In value terms, nickel; unwrought, not alloyed exports reduced dramatically to $102M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year.
Export of Nickel; Unwrought, Not Alloyed in France (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 0.1 | 0.5 | 14.7 | 25.0 | 530.0% |
Germany | 4.6 | 5.2 | 12.2 | 16.8 | 54.0% |
Spain | 0.8 | 0.3 | 1.7 | 11.9 | 145.9% |
Belgium | 1.4 | 1.3 | 2.1 | 9.7 | 90.6% |
Pakistan | 1.3 | 2.8 | 4.8 | 5.0 | 56.7% |
Switzerland | 1.5 | 1.5 | 2.4 | 4.5 | 44.2% |
Brazil | 0.5 | 0.1 | 0.3 | 3.6 | 93.1% |
Italy | 1.1 | 1.2 | 2.3 | 2.5 | 31.5% |
Netherlands | 9.6 | 62.1 | 75.1 | 2.4 | -37.0% |
Egypt | 1.3 | 1.2 | 2.2 | 2.3 | 20.9% |
Turkey | 0.3 | 2.0 | 0.2 | 1.8 | 81.7% |
Luxembourg | N/A | N/A | N/A | 1.6 | 0% |
United Kingdom | 0.3 | 0.2 | 0.2 | 1.4 | 67.1% |
Others | 45.1 | 21.6 | 11.6 | 13.8 | -32.6% |
Total | 68.0 | 100 | 130 | 102 | 14.5% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from France in 2022:
- Austria (993.6 tons)
- Germany (628.2 tons)
- Spain (437.6 tons)
- Belgium (379.4 tons)
- Pakistan (189.6 tons)
- Brazil (141.9 tons)
- Switzerland (134.4 tons)
- Luxembourg (109.5 tons)
- Italy (95.8 tons)
- Egypt (87.6 tons)
- Turkey (80.8 tons)
- Netherlands (77.0 tons)
- United Kingdom (65.3 tons)
This report provides an in-depth analysis of the nickel market in France.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in France.
This report provides an in-depth analysis of the nickel market in France.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
From March 2023 to September 2023, the import growth of Nickel failed to regain momentum. In terms of value, the imports of Nickel fell to $42M in September 2023.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
From March 2023 to September 2023, the import growth of Nickel failed to regain momentum. In terms of value, the imports of Nickel fell to $42M in September 2023.
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...