Price for Nickel; Wire, Not Alloyed in Denmark - 2023

Contents:

1. Price for Nickel; Wire, Not Alloyed in Denmark (CIF) - 2022
2. Price for Nickel; Wire, Not Alloyed in Denmark (FOB) - 2022
3. Imports of Nickel; Wire, Not Alloyed in Denmark
4. Exports of Nickel; Wire, Not Alloyed in Denmark

Price for Nickel; Wire, Not Alloyed in Denmark (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $21,150 per ton in 2022, rising by 133% against the previous year. Overall, the import price, however, continues to indicate a abrupt setback. The import price peaked at $36,754 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($21,796 per ton), while the price for Belgium totaled $14,335 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-0.8%).

Price for Nickel; Wire, Not Alloyed in Denmark (FOB) - 2022

In 2022, the average nickel; wire, not alloyed export price amounted to $119,059 per ton, remaining relatively unchanged against the previous year. Overall, the export price posted a prominent increase. The most prominent rate of growth was recorded in 2013 an increase of 59% against the previous year. The export price peaked at $176,857 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Norway amounted to -11.1% per year.

Imports of Nickel; Wire, Not Alloyed in Denmark

In 2022, nickel; wire, not alloyed imports into Denmark reduced rapidly to 23 tons, dropping by -33.8% compared with the previous year. Over the period under review, imports recorded a precipitous curtailment. The growth pace was the most rapid in 2021 with an increase of 132%.

In value terms, nickel; wire, not alloyed imports skyrocketed to $492K in 2022. In general, imports, however, enjoyed a noticeable expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 155% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Nickel; Wire, Not Alloyed to Denmark in 2022:

1. Germany (20.1 tons)
2. Belgium (3.0 tons)

Exports of Nickel; Wire, Not Alloyed in Denmark

In 2022, exports of nickel; wire, not alloyeds from Denmark totaled 17 kg, remaining constant against the previous year's figure. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; wire, not alloyed exports amounted to $2K in 2022. Overall, exports posted a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Top Export Markets for Nickel; Wire, Not Alloyed from Denmark in 2022:

1. China (17.0 kg)

Source: IndexBox Market Intelligence Platform