Price for Nickel; Wire, of Nickel Alloys in Luxembourg - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Luxembourg (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Luxembourg (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Luxembourg
- Exports of Nickel; Wire, of Nickel Alloys in Luxembourg
Price for Nickel; Wire, of Nickel Alloys in Luxembourg (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $55,850 per ton, falling by -51.8% against the previous year. Overall, the import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 138%. The import price peaked at $115,932 per ton in 2021, and then dropped markedly 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 the UK ($436,289 per ton), while the price for Germany ($17,576 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 (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Luxembourg (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $53,800 per ton in 2022, picking up by 297% against the previous year. In general, the export price enjoyed a perceptible increase. The export price peaked at $157,759 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($361,009 per ton), while the average price for exports to France ($13,226 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 Belgium (+29.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Luxembourg
In 2022, approx. 2.1 tons of nickel; wire, of nickel alloyses were imported into Luxembourg; with an increase of 421% compared with the previous year. Over the period under review, imports, however, saw a noticeable curtailment.
In value terms, nickel; wire, of nickel alloys imports skyrocketed to $120K in 2022. Overall, imports, however, recorded a noticeable downturn.
| Import of Nickel; Wire, of Nickel Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 55.3 | 136 | N/A | 52.5 | -1.7% |
| Hong Kong SAR | 16.4 | N/A | N/A | 21.6 | 9.6% |
| China | 6.1 | 23.9 | 24.1 | 18.8 | 45.5% |
| Belgium | 17.9 | 14.2 | 19.5 | 16.0 | -3.7% |
| France | 4.2 | 0.8 | 3.5 | 2.9 | -11.6% |
| Switzerland | 2.4 | 1.9 | N/A | 2.0 | -5.9% |
| Netherlands | 0.7 | N/A | N/A | 1.8 | 37.0% |
| United Kingdom | 20.7 | 14.8 | N/A | 1.6 | -57.4% |
| Germany | 1.1 | 0.1 | 0.7 | 0.8 | -10.1% |
| Others | 3.0 | N/A | N/A | 2.0 | -12.6% |
| Total | 128 | 192 | 47.8 | 120 | -2.1% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Luxembourg in 2022:
- Italy (1479.0 kg)
- China (242.0 kg)
- Belgium (122.0 kg)
- Hong Kong SAR (89.0 kg)
- Germany (46.0 kg)
- Switzerland (45.0 kg)
- Netherlands (44.0 kg)
- France (33.0 kg)
- United Kingdom (4.0 kg)
Exports of Nickel; Wire, of Nickel Alloys in Luxembourg
For the third consecutive year, Luxembourg recorded decline in shipments abroad of nickel; wire, of nickel alloyses, which decreased by -44.4% to 85 kg in 2022. Overall, exports showed a dramatic slump. The smallest decline of -5.8% was in 2020.
In value terms, nickel; wire, of nickel alloys exports skyrocketed to $4.6K in 2022. In general, exports saw a dramatic shrinkage.
| Export of Nickel; Wire, of Nickel Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Oman | 50.9 | N/A | N/A | 2.3 | -64.4% |
| Netherlands | 10.2 | N/A | N/A | 1.3 | -49.7% |
| Belgium | 0.9 | 5.6 | N/A | 0.5 | -17.8% |
| France | 0.9 | N/A | 2.1 | 0.2 | -39.4% |
| Russia | 1.4 | N/A | N/A | 0.2 | -47.7% |
| Italy | 0.7 | N/A | N/A | 0.1 | -47.7% |
| Morocco | N/A | 1.5 | N/A | N/A | 0% |
| Others | 0.4 | N/A | N/A | N/A | 0% |
| Total | 65.4 | 7.1 | 2.1 | 4.6 | -58.7% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Luxembourg in 2022:
- Oman (43.0 kg)
- Netherlands (16.0 kg)
- France (13.0 kg)
- Russia (10.0 kg)
- Italy (2.0 kg)
- Belgium (2.0 kg)
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