Price for Nickel; Unwrought, Not Alloyed in Luxembourg - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Luxembourg (CIF) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Luxembourg (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Luxembourg
- Exports of Nickel; Unwrought, Not Alloyed in Luxembourg
Price for Nickel; Unwrought, Not Alloyed in Luxembourg (CIF) - 2022
The average nickel; unwrought, not alloyed import price stood at $23,736 per ton in 2022, falling by -19.9% against the previous year. In general, the import price, however, showed temperate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 120%. The import price peaked at $29,630 per ton in 2021, and then reduced rapidly 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 France ($41,033 per ton), while the price for Australia amounted to $23,304 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in Luxembourg (FOB) - 2022
In 2022, the average nickel; unwrought, not alloyed export price amounted to $107,846,500 per ton, almost unchanged from the previous year. Over the period under review, the export price enjoyed significant growth. The most prominent rate of growth was recorded in 2019 a decrease of -29.5%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2018 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +758.9% per year.
Imports of Nickel; Unwrought, Not Alloyed in Luxembourg
In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; unwrought, not alloyeds, when their volume increased by 4,007% to 12 tons. Overall, imports, however, recorded a abrupt decline.
In value terms, nickel; unwrought, not alloyed imports soared to $292K in 2022. Over the period under review, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 163 | N/A | N/A | 280 | 19.8% |
| France | 0.5 | 6.5 | 8.9 | 12.3 | 190.8% |
| Czech Republic | 4.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 169 | 6.5 | 8.9 | 292 | 20.0% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Luxembourg in 2022:
- Australia (12.0 tons)
- France (0.3 tons)
Exports of Nickel; Unwrought, Not Alloyed in Luxembourg
After two years of decline, overseas shipments of nickel; unwrought, not alloyeds decreased by 0% to 2 kg in 2022. Overall, exports continue to indicate a precipitous descent. The smallest decline of 99.9% was in 2020.
In value terms, nickel; unwrought, not alloyed exports stood at $216K in 2022. In general, exports continue to indicate a sharp slump. The smallest decline of 99.9% was in 2020.
| Export of Nickel; Unwrought, Not Alloyed in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.5 | N/A | N/A | 216 | 239.9% |
| Slovakia | 9.3 | N/A | N/A | N/A | 0% |
| Belgium | 16.4 | N/A | N/A | N/A | 0% |
| Germany | 250 | N/A | N/A | N/A | 0% |
| Austria | 97.5 | N/A | N/A | N/A | 0% |
| United Kingdom | 37.2 | N/A | N/A | N/A | 0% |
| France | 153 | N/A | N/A | N/A | 0% |
| Denmark | 61.7 | N/A | N/A | N/A | 0% |
| Others | 12.1 | N/A | N/A | N/A | 0% |
| Total | 643 | N/A | N/A | 216 | -30.5% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Luxembourg in 2022:
- Netherlands (2.0 kg)
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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%
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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.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1187
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...
816
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...
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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%
