Chlorides; of Nickel Price in Belgium - 2023

Contents:

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

Chlorides; of Nickel Price in Belgium (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $4,936 per ton, reducing by -4.3% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 52% against the previous year. Over the period under review, average import prices hit record highs at $5,754 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($5,038 per ton), while the price for Germany stood at $4,371 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.5%).

Chlorides; of Nickel Price in Belgium (FOB) - 2022

The average chlorides; of nickel export price stood at $7,727 per ton in 2022, with an increase of 37% against the previous year. In general, the export price saw a perceptible increase. 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 destination: amid the top suppliers, the country with the highest price was the United States ($71,686 per ton), while the average price for exports to Spain ($3,537 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 Mexico (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Nickel Imports in Belgium

For the fourth consecutive year, Belgium recorded growth in overseas purchases of chlorides; of nickels, which increased by 11% to 526 tons in 2022. In general, imports saw a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 106%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, chlorides; of nickel imports totaled $2.6M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 119%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Chlorides; of Nickel in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4789122,1821,87457.7%
Germany75.695.2163637103.5%
Italy63.9N/A10.732.7-20.0%
Others35.211094.852.914.5%
Total6531,1172,4512,59758.4%

Top Suppliers of Chlorides; of Nickel to Belgium in 2022:

  1. France (372.0 tons)
  2. Germany (145.8 tons)
  3. Italy (7.0 tons)

Chlorides; of Nickel Exports in Belgium

In 2022, the amount of chlorides; of nickels exported from Belgium skyrocketed to 422 tons, rising by 31% compared with the previous year. Overall, exports showed temperate growth. The pace of growth was the most pronounced in 2021 with an increase of 64%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, chlorides; of nickel exports soared to $3.3M in 2022. Over the period under review, exports posted significant growth. The growth pace was the most rapid in 2021 with an increase of 113% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Chlorides; of Nickel in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.15.618.2736424.5%
Germany3621344314709.1%
Netherlands27.273.7160412147.4%
Mexico10626.928.734247.8%
Turkey25.09.0103315132.7%
France12812511722019.8%
Brazil34.699.7N/A20681.2%
Sweden10.435.313394.5108.7%
Argentina11.3N/AN/A83.494.7%
Switzerland42.525.657.261.413.0%
Poland13.833.094.256.359.8%
Spain77.457.641.946.5-15.6%
Italy31111.213211.6-66.6%
Others12021549920820.1%
Total1,2748511,8153,26336.8%

Top Export Markets for Chlorides; of Nickel from Belgium in 2022:

  1. Germany (81.4 tons)
  2. Netherlands (64.3 tons)
  3. Mexico (55.5 tons)
  4. Turkey (50.8 tons)
  5. France (48.4 tons)
  6. Brazil (27.8 tons)
  7. Sweden (13.2 tons)
  8. Spain (13.1 tons)
  9. Switzerland (12.2 tons)
  10. Argentina (10.7 tons)
  11. United States (10.3 tons)
  12. Poland (9.9 tons)
  13. Italy (1.8 tons)

Source: IndexBox Market Intelligence Platform

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