Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (CIF) - 2023
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (CIF) - 2023

In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $51,515 per ton, surging by 5.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.4%. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 30% against the previous month. As a result, import price reached the peak level of $56,352 per ton. From December 2022 to October 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($74,889 per ton), while the price for Sweden ($36,543 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by the UK (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $24,415 per ton in 2022, with an increase of 33% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 50% against the previous year. The export price peaked at $24,923 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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 Slovenia ($82,154 per ton), while the average price for exports to Norway ($7,187 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 Poland (-0.9%).

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark

In 2022, approx. 76 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were imported into Denmark; rising by 52% against 2021 figures. Overall, imports, however, saw a abrupt contraction.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $3.3M in 2022. Over the period under review, imports, however, recorded a abrupt setback.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,6923649051,9735.3%
United States822542143576-11.2%
Sweden729441815329-23.3%
France49221.587.799.6-41.3%
United Kingdom24.231.130.382.350.4%
Netherlands1.6N/A0.262.2238.8%
Others328252311170-19.7%
Total4,0911,6522,2923,292-7.0%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Denmark in 2022:

  1. Germany (50.7 tons)
  2. Sweden (10.0 tons)
  3. United States (7.9 tons)
  4. France (2.3 tons)
  5. United Kingdom (1.4 tons)
  6. Netherlands (1.2 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark

In 2022, overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -32.9% to 19 tons, falling for the second year in a row after two years of growth. Overall, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2020 when exports increased by 20%. As a result, the exports attained the peak of 77 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses fell to $469K in 2022. Over the period under review, exports faced a precipitous setback. The growth pace was the most rapid in 2020 when exports increased by 31%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,1041,427326320-33.8%
SloveniaN/AN/AN/A91.50%
NorwayN/AN/A4.415.7256.8%
Others75.711419441.1-18.4%
Total1,1791,540525469-26.5%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Denmark in 2022:

  1. Poland (15.1 tons)
  2. Norway (2.2 tons)
  3. Slovenia (1.1 tons)

Source: IndexBox Market Intelligence Platform

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