Price for Nickel; Wire, of Nickel Alloys in Denmark - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Denmark (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Denmark (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Denmark
- Exports of Nickel; Wire, of Nickel Alloys in Denmark
Price for Nickel; Wire, of Nickel Alloys in Denmark (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $36,523 per ton, with a decrease of -9.8% against the previous year. Overall, the import price showed a slight descent. The growth pace was the most rapid in 2017 when the average import price increased by 103%. As a result, import price attained the peak level of $57,868 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($281,914 per ton), while the price for Germany ($14,505 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Denmark (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $34,331 per ton, increasing by 16% against the previous year. In general, the export price, however, showed a perceptible reduction. The growth pace was the most rapid in 2021 an increase of 49% against the previous year. Over the period under review, the average export prices attained the maximum at $50,012 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($301,381 per ton), while the average price for exports to the UK ($13,093 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 the UK (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Wire, of Nickel Alloys in Denmark
In 2022, the amount of nickel; wire, of nickel alloyses imported into Denmark expanded to 45 tons, increasing by 2.4% against the year before. In general, imports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 170% against the previous year. As a result, imports reached the peak of 46 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, nickel; wire, of nickel alloys imports reduced to $1.6M in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 97% against the previous year.
| Import of Nickel; Wire, of Nickel Alloys in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 196 | 1,116 | 1,055 | 829 | 61.7% |
| Germany | 187 | 179 | 217 | 372 | 25.8% |
| United States | 263 | 63.1 | 110 | 203 | -8.3% |
| Czech Republic | 0.7 | 44.5 | 242 | 91.9 | 408.2% |
| Others | 113 | 93.9 | 144 | 136 | 6.4% |
| Total | 759 | 1,496 | 1,767 | 1,632 | 29.1% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Denmark in 2022:
- Germany (25.6 tons)
- Italy (13.5 tons)
- Czech Republic (3.3 tons)
- United States (0.7 tons)
Exports of Nickel; Wire, of Nickel Alloys in Denmark
In 2022, shipments abroad of nickel; wire, of nickel alloyses decreased by -12.1% to 2.3 tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 290% against the previous year. As a result, the exports attained the peak of 4.1 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, nickel; wire, of nickel alloys exports amounted to $80K in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.6% 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 decreased by -1.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66%. As a result, the exports attained the peak of $81K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Nickel; Wire, of Nickel Alloys in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 21.1 | 22.2 | 12.8 | 41.0 | 24.8% |
| Greenland | N/A | N/A | 16.8 | 22.9 | 36.3% |
| Switzerland | N/A | N/A | N/A | 11.8 | 0% |
| United Kingdom | N/A | N/A | 0.7 | 3.2 | 357.1% |
| Norway | 0.5 | 41.9 | 27.1 | N/A | 636.2% |
| Germany | 10.8 | 14.3 | 6.3 | N/A | -23.6% |
| Others | 16.7 | 2.8 | 14.3 | 0.6 | -67.0% |
| Total | 49.0 | 81.2 | 78.1 | 79.6 | 17.6% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Denmark in 2022:
- Netherlands (1288.0 kg)
- Greenland (723.0 kg)
- United Kingdom (248.0 kg)
- Switzerland (39.0 kg)
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