Price for Nickel; Wire, of Nickel Alloys in the Netherlands - 2023

Contents:

1. Price for Nickel; Wire, of Nickel Alloys in the Netherlands (CIF) - 2023
2. Price for Nickel; Wire, of Nickel Alloys in the Netherlands (FOB) - 2023
3. Imports of Nickel; Wire, of Nickel Alloys in the Netherlands
4. Exports of Nickel; Wire, of Nickel Alloys in the Netherlands

Price for Nickel; Wire, of Nickel Alloys in the Netherlands (CIF) - 2023

In July 2023, the average import price for nickel; wire, of nickel alloyses amounted to $33,724 per ton, dropping by -7.2% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 25% against the previous month. Over the period under review, average import prices reached the maximum at $38,613 per ton in January 2023; however, from February 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($46,560 per ton), while the price for France ($25,262 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.5%), while the prices for the other major suppliers experienced a decline.

Price for Nickel; Wire, of Nickel Alloys in the Netherlands (FOB) - 2023

The average export price for nickel; wire, of nickel alloyses stood at $44,593 per ton in July 2023, approximately equating the previous month. Over the period under review, export price indicated a resilient increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, nickel; wire, of nickel alloys export price increased by +42.4% against March 2023 indices. The pace of growth was the most pronounced in August 2022 an increase of 39% against the previous month. Over the period under review, the average export prices attained the peak figure at $45,121 per ton in June 2023, and then contracted slightly in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($67,830 per ton), while the average price for exports to Japan ($30,273 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Wire, of Nickel Alloys in the Netherlands

Nickel; wire, of nickel alloys imports into the Netherlands expanded modestly to 742 tons in 2022, rising by 3.1% on the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, nickel; wire, of nickel alloys imports shrank slightly to $20M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.0% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 44%.

Top Suppliers of Nickel; Wire, of Nickel Alloys to the Netherlands in 2022:

1. Germany (345.9 tons)
2. Sweden (173.5 tons)
3. France (111.5 tons)
4. Italy (28.8 tons)
5. South Korea (22.9 tons)
6. India (10.0 tons)

Exports of Nickel; Wire, of Nickel Alloys in the Netherlands

In 2022, approx. 359 tons of nickel; wire, of nickel alloyses were exported from the Netherlands; falling by -9.5% on 2021. The total export volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 23%. As a result, the exports reached the peak of 396 tons, and then reduced in the following year.

In value terms, nickel; wire, of nickel alloys exports dropped slightly to $11M in 2022. The total export value increased at an average annual rate of +1.2% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.9% against the previous year. As a result, the exports attained the peak of $11M, and then declined in the following year.

Top Export Markets for Nickel; Wire, of Nickel Alloys from the Netherlands in 2022:

1. Germany (77.8 tons)
2. India (46.8 tons)
3. Japan (44.6 tons)
4. Italy (43.8 tons)
5. Poland (17.5 tons)
6. United Kingdom (16.9 tons)
7. France (14.9 tons)
8. Vietnam (13.4 tons)
9. South Korea (10.6 tons)
10. Ireland (7.3 tons)
11. Czech Republic (6.8 tons)
12. Serbia (6.7 tons)
13. Spain (6.3 tons)

Source: IndexBox Market Intelligence Platform