Nickel; Unwrought, Alloys Price in Belgium - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Belgium (FOB) - 2022
- Nickel; Unwrought, Alloys Price in Belgium (CIF) - 2023
- Nickel; Unwrought, Alloys Exports in Belgium
- Nickel; Unwrought, Alloys Imports in Belgium
Nickel; Unwrought, Alloys Price in Belgium (FOB) - 2022
The average nickel; unwrought, alloys export price stood at $25,418 per ton in 2022, picking up by 40% against the previous year. In general, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, alloys export price increased by +64.4% against 2020 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($35,955 per ton), while the average price for exports to Slovenia ($19,983 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 Luxembourg (+14.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in Belgium (CIF) - 2023
The average nickel; unwrought, alloys import price stood at $28,098 per ton in July 2023, with a decrease of -15.1% against the previous month. In general, import price indicated a moderate expansion from July 2022 to July 2023: its price increased at an average monthly rate of +4.0% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, nickel; unwrought, alloys import price increased by +18.3% against February 2023 indices. The most prominent rate of growth was recorded in August 2022 an increase of 41% m-o-m. The import price peaked at $33,091 per ton in June 2023, and then contracted dramatically in the following month.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was the UK ($63,825 per ton), while the price for the United States amounted to $26,007 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the UK (+11.0%).
Nickel; Unwrought, Alloys Exports in Belgium
In 2022, shipments abroad of nickel; unwrought, alloyses decreased by -21.8% to 2.6K tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a buoyant increase. The growth pace was the most rapid in 2020 with an increase of 215% against the previous year. As a result, the exports attained the peak of 6.5K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nickel; unwrought, alloys exports expanded remarkably to $66M in 2022. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 182%. As a result, the exports reached the peak of $100M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Nickel; Unwrought, Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.0 | 7.6 | 13.4 | 17.9 | 30.8% |
| United Kingdom | 6.6 | 4.9 | 7.1 | 9.5 | 12.9% |
| Germany | 6.0 | 33.7 | 7.3 | 8.6 | 12.7% |
| France | 1.1 | 2.4 | 6.9 | 6.1 | 77.0% |
| Italy | 3.0 | 18.7 | 7.8 | 5.4 | 21.6% |
| South Korea | 1.5 | 2.4 | 4.2 | 4.2 | 40.9% |
| China | 2.2 | 1.8 | 2.5 | 2.9 | 9.6% |
| Turkey | 1.3 | 1.2 | 1.1 | 2.2 | 19.2% |
| Others | 5.8 | 27.5 | 9.6 | 8.9 | 15.3% |
| Total | 35.5 | 100 | 59.9 | 65.7 | 22.8% |
Top Export Markets for Nickel; Unwrought, Alloys from Belgium in 2022:
- United States (778.4 tons)
- United Kingdom (347.8 tons)
- Germany (331.5 tons)
- France (299.0 tons)
- Italy (222.0 tons)
- South Korea (131.1 tons)
- China (86.4 tons)
- Turkey (82.7 tons)
Nickel; Unwrought, Alloys Imports in Belgium
In 2022, overseas purchases of nickel; unwrought, alloyses decreased by -53.3% to 613 tons, falling for the second year in a row after two years of growth. Overall, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 514%. As a result, imports attained the peak of 5.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, nickel; unwrought, alloys imports contracted significantly to $14M in 2022. In general, imports recorded a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 393% against the previous year. As a result, imports reached the peak of $85M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Nickel; Unwrought, Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.7 | 21.0 | 7.3 | 7.8 | 66.2% |
| United Kingdom | 2.5 | 2.1 | 0.8 | 1.9 | -8.7% |
| Japan | 8.1 | 0.1 | 0.9 | 1.8 | -39.4% |
| Canada | 4.0 | 0.4 | 2.8 | 1.7 | -24.8% |
| France | N/A | 0.1 | 0.5 | 0.5 | 123.6% |
| China | N/A | 59.3 | N/A | N/A | 0% |
| North Macedonia | N/A | N/A | 0.6 | N/A | 0% |
| Netherlands | 0.6 | N/A | 6.7 | N/A | 234.2% |
| Brazil | N/A | 0.4 | N/A | N/A | 0% |
| Others | 0.2 | 1.1 | 0.7 | 0.1 | -20.6% |
| Total | 17.1 | 84.5 | 20.2 | 13.8 | -6.9% |
Top Suppliers of Nickel; Unwrought, Alloys to Belgium in 2022:
- United States (392.1 tons)
- United Kingdom (73.4 tons)
- Canada (67.9 tons)
- Japan (63.6 tons)
- France (14.0 tons)
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This report provides an in-depth analysis of the nickel market in Belgium.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Belgium.
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This report provides an in-depth analysis of the nickel market in Belgium.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
868
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...
1018
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
