Sulphates; of Nickel Price in Norway - 2023

Contents:

  1. Sulphates; of Nickel Price in Norway (CIF) - 2022
  2. Sulphates; of Nickel Price in Norway (FOB) - 2022
  3. Sulphates; of Nickel Imports in Norway
  4. Sulphates; of Nickel Exports in Norway

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

The average sulphates; of nickel import price stood at $6,949 per ton in 2022, jumping by 23% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The most prominent rate of growth was recorded in 2014 when the average import price increased by 144%. As a result, import price reached the peak level of $15,490 per ton. From 2015 to 2022, the average 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 France ($31,388 per ton), while the price for Belgium ($6,395 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+8.9%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Nickel Price in Norway (FOB) - 2022

The average sulphates; of nickel export price stood at $2,773 per ton in 2022, falling by -76.7% against the previous year. Overall, the export price faced a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 24% against the previous year. Over the period under review, the average export prices reached the peak figure at $11,910 per ton in 2021, and then reduced remarkably in the following year.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +19.7% per year.

Sulphates; of Nickel Imports in Norway

Sulphates; of nickel imports into Norway fell to 52 tons in 2022, dropping by -10.2% compared with the previous year. In general, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,076% against the previous year. As a result, imports attained the peak of 58 tons, and then reduced in the following year.

In value terms, sulphates; of nickel imports rose rapidly to $364K in 2022. Overall, imports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 360% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Sulphates; of Nickel in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium22.311.2286307139.7%
France21.638.722.030.412.1%
PolandN/AN/AN/A13.30%
Sweden15.521.616.47.1-22.9%
Others11.60.56.56.0-19.7%
Total70.971.933136472.5%

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

  1. Belgium (48.0 tons)
  2. Poland (2.0 tons)
  3. France (1.0 tons)
  4. Sweden (0.5 tons)

Sulphates; of Nickel Exports in Norway

In 2022, the amount of sulphates; of nickels exported from Norway reduced dramatically to 560 kg, declining by -99.9% compared with 2021. Over the period under review, exports saw a sharp descent. The growth pace was the most rapid in 2021 when exports increased by 26% against the previous year.

In value terms, sulphates; of nickel exports dropped remarkably to $1.6K in 2022. Overall, exports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 51%.

Export of Sulphates; of Nickel in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/AN/AN/A0%
Canada6.23.14.7N/A-12.9%
OthersN/AN/AN/AN/A0%
Total6.23.14.7N/A-12.9%

Top Export Markets for Sulphates; of Nickel from Norway in 2022:

  1. Denmark (560.0 kg)

Source: IndexBox Market Intelligence Platform

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