Price for Nickel; Wire, of Nickel Alloys in Finland - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Finland (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Finland (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Finland
- Exports of Nickel; Wire, of Nickel Alloys in Finland
Price for Nickel; Wire, of Nickel Alloys in Finland (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $32,912 per ton in 2022, growing by 2.7% against the previous year. Over the period under review, the import price, however, showed a perceptible curtailment. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.7%. Over the period under review, average import prices attained the maximum at $53,240 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($67,759 per ton), while the price for Germany ($26,332 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.6%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Wire, of Nickel Alloys in Finland (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $58,164 per ton in 2022, rising by 391% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices hit record highs at $65,593 per ton in 2016; however, from 2017 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 Denmark ($156,337 per ton), while the average price for exports to Vietnam ($862 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 Denmark (+16.8%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, of Nickel Alloys in Finland
In 2022, nickel; wire, of nickel alloys imports into Finland fell to 32 tons, shrinking by -12.9% compared with the previous year. Over the period under review, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 36%.
In value terms, nickel; wire, of nickel alloys imports contracted to $1.1M in 2022. Overall, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 27% against the previous year.
| Import of Nickel; Wire, of Nickel Alloys in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 849 | 323 | 665 | 668 | -7.7% |
| Norway | 92.2 | N/A | N/A | 106 | 4.8% |
| Sweden | 27.6 | 110 | 17.1 | 56.5 | 27.0% |
| United Kingdom | 5.5 | 4.8 | 86.7 | 43.7 | 99.5% |
| Czech Republic | 19.1 | 31.1 | 63.5 | 38.6 | 26.4% |
| Netherlands | 102 | 18.2 | 0.1 | 26.8 | -36.0% |
| Italy | 50.2 | 27.0 | 10.2 | 7.3 | -47.4% |
| Others | 168 | 429 | 353 | 122 | -10.1% |
| Total | 1,313 | 943 | 1,195 | 1,069 | -6.6% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Finland in 2022:
- Germany (25.4 tons)
- Sweden (2.0 tons)
- Norway (1.6 tons)
- Czech Republic (1.3 tons)
- United Kingdom (0.8 tons)
- Netherlands (0.5 tons)
- Italy (0.2 tons)
Exports of Nickel; Wire, of Nickel Alloys in Finland
In 2022, approx. 249 kg of nickel; wire, of nickel alloyses were exported from Finland; increasing by 26% against the year before. Overall, exports enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 326% against the previous year. As a result, the exports attained the peak of 966 kg. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, nickel; wire, of nickel alloys exports surged to $15K in 2022. In general, exports posted a measured increase.
| Export of Nickel; Wire, of Nickel Alloys in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 8.5 | N/A | N/A | 10.8 | 8.3% |
| United States | 3.0 | N/A | N/A | 2.3 | -8.5% |
| Uruguay | 0.2 | 4.9 | 1.5 | 0.3 | 14.5% |
| Poland | 0.2 | N/A | N/A | 0.3 | 14.5% |
| Netherlands | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Lithuania | 0.1 | N/A | N/A | 0.2 | 26.0% |
| Italy | 0.2 | N/A | N/A | 0.1 | -20.6% |
| Norway | N/A | 0.2 | 0.4 | N/A | 100.0% |
| Switzerland | N/A | 20.8 | N/A | N/A | 0% |
| Others | 0.3 | 0.7 | 0.4 | 0.3 | 0.0% |
| Total | 12.9 | 26.6 | 2.3 | 14.5 | 4.0% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Finland in 2022:
- Denmark (69.0 kg)
- Uruguay (53.0 kg)
- Italy (31.0 kg)
- United States (30.0 kg)
- Netherlands (20.0 kg)
- Lithuania (18.0 kg)
- Poland (8.0 kg)
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