Sulphates; of Nickel Price in Luxembourg - 2023

Contents:

  1. Sulphates; of Nickel Price in Luxembourg (CIF) - 2022
  2. Sulphates; of Nickel Imports in Luxembourg

Sulphates; of Nickel Price in Luxembourg (CIF) - 2022

In 2022, the average sulphates; of nickel import price amounted to $7,664 per ton, with an increase of 27% against the previous year. In general, the import price, however, continues to indicate a deep reduction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49% against the previous year. The import price peaked at $17,188 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +5.0% per year.

Sulphates; of Nickel Imports in Luxembourg

In 2022, supplies from abroad of sulphates; of nickels decreased by -28.6% to 2 tons, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. As a result, imports reached the peak of 5 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, sulphates; of nickel imports contracted to $15K in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -24.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 53%. As a result, imports attained the peak of $20K. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Sulphates; of Nickel in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France13.220.316.315.35.0%
OthersN/AN/A0.60.1-83.3%
Total13.220.316.915.35.0%

Top Suppliers of Sulphates; of Nickel to Luxembourg in 2022:

  1. France (2.0 tons)

Source: IndexBox Market Intelligence Platform

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