EU: Nickel Powder Market 2024

Nickel Powder Market Size in the EU

In 2023, the EU nickel powder market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption showed a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nickel Powder Production in the EU

In value terms, nickel powder production reduced remarkably to $X in 2023 estimated in export price. In general, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then contracted sharply in the following year.

Nickel Powder Exports

Exports in the EU

In 2023, shipments abroad of nickel powders and flakes decreased by X% to X tons for the first time since 2015, thus ending a seven-year rising trend. In general, exports, however, recorded a buoyant expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2022, and then contracted significantly in the following year.

In value terms, nickel powder exports declined sharply to $X in 2023. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the maximum at $X in 2022, and then declined markedly in the following year.

Exports by Country

The Netherlands (X tons), Germany (X tons), Belgium (X tons), Finland (X tons) and France (X tons) represented roughly X% of total exports in 2023. It was distantly followed by Ireland (X tons), constituting a X% share of total exports. Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) appeared to be the countries with the highest levels of exports in 2023, together comprising X% of total exports.

The Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per ton, surging by X% against the previous year. Export price indicated a modest increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, nickel powder export price increased by X% against 2018 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Nickel Powder Imports

Imports in the EU

After three years of growth, purchases abroad of nickel powders and flakes decreased by X% to X tons in 2023. The total import volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2023, the growth of imports remained at a lower figure.

In value terms, nickel powder imports declined to $X in 2023. Total imports indicated moderate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

The countries with the highest levels of nickel powder imports in 2023 were Belgium (X tons), Germany (X tons), the Netherlands (X tons), Sweden (X tons) and France (X tons), together accounting for X% of total import. It was distantly followed by Italy (X tons), making up a X% share of total imports. Romania (X tons) and Finland (X tons) took a little share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), France ($X) and the Netherlands ($X) constituted the countries with the highest levels of imports in 2023, together comprising X% of total imports. Belgium, Sweden, Italy, Romania and Finland lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per ton in 2023, growing by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, nickel powder import price increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2022 an increase of X%. Over the period under review, import prices attained the maximum in 2023 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Germany ($X per ton), while Belgium ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform