Price for Nickel; Unwrought, Not Alloyed in the Netherlands - 2023
Contents:
- Price for Nickel; Unwrought, Not Alloyed in the Netherlands (FOB) - 2023
- Price for Nickel; Unwrought, Not Alloyed in the Netherlands (CIF) - 2023
- Exports of Nickel; Unwrought, Not Alloyed in the Netherlands
- Imports of Nickel; Unwrought, Not Alloyed in the Netherlands
Price for Nickel; Unwrought, Not Alloyed in the Netherlands (FOB) - 2023
The average nickel; unwrought, not alloyed export price stood at $24,108 per ton in July 2023, shrinking by -6.7% against the previous month. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 27% m-o-m. As a result, the export price reached the peak level of $28,502 per ton. From January 2023 to July 2023, the the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In July 2023, the countries with the highest prices were Sweden ($25,516 per ton) and Germany ($24,886 per ton), while the average price for exports to the United States ($22,021 per ton) and Belgium ($22,728 per ton) were 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 (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in the Netherlands (CIF) - 2023
In July 2023, the average nickel; unwrought, not alloyed import price amounted to $23,522 per ton, shrinking by -3.4% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in December 2022 an increase of 12% against the previous month. As a result, import price reached the peak level of $27,695 per ton. From January 2023 to July 2023, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the highest price was recorded for prices from Norway ($25,260 per ton) and Finland ($24,347 per ton), while the price for China ($21,956 per ton) and Russia ($21,967 per ton) were amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Unwrought, Not Alloyed in the Netherlands
In 2022, overseas shipments of nickel; unwrought, not alloyeds decreased by -67.6% to 37K tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 115% against the previous year.
In value terms, nickel; unwrought, not alloyed exports reduced sharply to $937M in 2022. Over the period under review, exports, however, posted a strong increase. The most prominent rate of growth was recorded in 2020 with an increase of 115%.
Export of Nickel; Unwrought, Not Alloyed in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 301 | 657 | 869 | 327 | 2.8% |
Belgium | 52.6 | 173 | 257 | 197 | 55.3% |
Italy | 23.1 | 101 | 205 | 91.9 | 58.5% |
Austria | 54.9 | 114 | 56.9 | 39.3 | -10.5% |
France | 35.3 | 69.9 | 91.8 | 38.3 | 2.8% |
Sweden | 10.6 | 14.5 | 38.4 | 33.1 | 46.2% |
Spain | 23.2 | 43.6 | 95.1 | 31.6 | 10.8% |
United States | 3.1 | 6.1 | 4.3 | 31.3 | 116.1% |
United Kingdom | 27.8 | 67.1 | 54.4 | 26.9 | -1.1% |
Brazil | 8.9 | 9.2 | 11.2 | 19.1 | 29.0% |
Finland | 5.5 | 7.2 | 30.8 | 17.1 | 46.0% |
Czech Republic | 20.5 | 45.4 | 66.1 | 15.8 | -8.3% |
Others | 80.4 | 83.5 | 340 | 68.0 | -5.4% |
Total | 647 | 1,392 | 2,120 | 937 | 13.1% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from the Netherlands in 2022:
- Germany (12.8K tons)
- Belgium (8.0K tons)
- Italy (3.4K tons)
- Austria (1.5K tons)
- France (1.5K tons)
- Spain (1.3K tons)
- United States (1.2K tons)
- Sweden (1.2K tons)
- United Kingdom (1.1K tons)
- Brazil (0.8K tons)
- Czech Republic (0.7K tons)
- Finland (0.7K tons)
Imports of Nickel; Unwrought, Not Alloyed in the Netherlands
In 2022, supplies from abroad of nickel; unwrought, not alloyeds decreased by -53% to 54K tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 183%.
In value terms, nickel; unwrought, not alloyed imports declined sharply to $1.3B in 2022. Over the period under review, imports, however, recorded a significant increase. The growth pace was the most rapid in 2020 when imports increased by 189% against the previous year.
Import of Nickel; Unwrought, Not Alloyed in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 146 | 357 | 631 | 423 | 42.6% |
Russia | 155 | 534 | 705 | 333 | 29.0% |
Norway | 21.3 | 103 | 282 | 234 | 122.3% |
Canada | 33.6 | 117 | N/A | 125 | 54.9% |
South Africa | 36.9 | 73.3 | 108 | 93.7 | 36.4% |
Singapore | 45.4 | 74.5 | 6.6 | 10.6 | -38.4% |
Others | 32.6 | 101 | 285 | 114 | 51.8% |
Total | 471 | 1,360 | 2,018 | 1,334 | 41.5% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to the Netherlands in 2022:
- Australia (16.6K tons)
- Russia (13.6K tons)
- Norway (9.8K tons)
- Canada (4.9K tons)
- South Africa (3.7K tons)
- Singapore (0.4K tons)
This report provides an in-depth analysis of the nickel market in the Netherlands.
This report provides an in-depth analysis of the nickel market in the Netherlands.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in the Netherlands.
This report provides an in-depth analysis of the nickel market in the Netherlands.
This report provides an in-depth analysis of the nickel market in the Netherlands.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
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In June 2023, the price of Nickel was $25,839 per ton (FOB, Netherlands), showing a decrease of -1.6% compared to the previous month.
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...