Price for Nickel; Wire, of Nickel Alloys in Belgium - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Belgium (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Belgium (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Belgium
- Exports of Nickel; Wire, of Nickel Alloys in Belgium
Price for Nickel; Wire, of Nickel Alloys in Belgium (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $42,627 per ton, declining by -5.4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 25% against the previous year. The import price peaked at $45,081 per ton in 2021, and then reduced in the following year.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +6.8% per year.
Price for Nickel; Wire, of Nickel Alloys in Belgium (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $42,507 per ton in 2022, with a decrease of -24.9% against the previous year. In general, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices attained the peak figure at $75,717 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($477,732 per ton), while the average price for exports to Egypt ($18,302 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 Ireland (-3.9%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, of Nickel Alloys in Belgium
Nickel; wire, of nickel alloys imports into Belgium surged to 366 tons in 2022, picking up by 18% against the previous year. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 139% against the previous year. As a result, imports attained the peak of 436 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; wire, of nickel alloys imports expanded sharply to $16M in 2022. In general, imports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 198%. As a result, imports reached the peak of $17M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Nickel; Wire, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | 0.4 | 15.6 | 3800.0% |
| Germany | 1.0 | 4.4 | 3.6 | N/A | 89.7% |
| United Kingdom | 0.2 | 1.2 | 2.3 | N/A | 239.1% |
| France | 0.1 | 0.5 | 5.5 | N/A | 641.6% |
| United States | 4.4 | 10.5 | 0.8 | N/A | -57.4% |
| Others | 0.1 | 0.7 | 1.3 | N/A | 260.6% |
| Total | 5.8 | 17.3 | 13.9 | 15.6 | 39.1% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Belgium in 2022:
- Switzerland (366.0 tons)
Exports of Nickel; Wire, of Nickel Alloys in Belgium
After two years of decline, shipments abroad of nickel; wire, of nickel alloyses increased by 53% to 213 tons in 2022. Over the period under review, exports, however, recorded a slight curtailment.
In value terms, nickel; wire, of nickel alloys exports surged to $9M in 2022. The total export value increased at an average annual rate of +1.2% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 17% against the previous year. As a result, the exports attained the peak of $10M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Nickel; Wire, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 4.4 | 3.1 | 3.1 | 19.9% |
| Germany | 0.7 | 1.6 | 0.4 | 1.7 | 34.4% |
| France | 3.8 | 2.6 | 2.6 | 1.5 | -26.6% |
| Italy | 0.8 | 0.5 | 0.7 | 1.2 | 14.5% |
| Egypt | N/A | N/A | N/A | 0.3 | 0% |
| Ireland | N/A | N/A | N/A | 0.3 | 0% |
| China | 0.7 | 0.3 | 0.3 | 0.3 | -24.6% |
| Poland | N/A | N/A | 0.1 | 0.2 | 100.0% |
| United Kingdom | 0.9 | 0.1 | 0.1 | 0.2 | -39.4% |
| Mexico | N/A | 0.2 | 0.4 | 0.1 | -29.3% |
| Others | 0.1 | 0.4 | N/A | 0.1 | 0.0% |
| Total | 8.7 | 10.2 | 7.8 | 9.0 | 1.1% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Belgium in 2022:
- Germany (87.3 tons)
- Italy (38.7 tons)
- France (31.1 tons)
- Egypt (15.2 tons)
- Ireland (11.0 tons)
- Poland (7.1 tons)
- China (6.6 tons)
- United States (6.4 tons)
- Mexico (4.8 tons)
- United Kingdom (1.3 tons)
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