Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Finland - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Finland (CIF) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Finland
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Finland (CIF) - 2022
The average import price for nickel; bars, rods and profiles, not alloyeds stood at $315,425 per ton in 2022, declining by -27.8% against the previous year. In general, the import price, however, recorded prominent growth. The growth pace was the most rapid in 2014 an increase of 244%. Over the period under review, average import prices reached the peak figure at $555,900 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,549,600 per ton), while the price for Ireland ($16,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+78.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Finland
In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Finland soared to 167 kg, jumping by 45% on the year before. In general, total imports indicated tangible growth from 2019 to 2022: its volume increased at an average annual rate of +2.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds expanded to $53K in 2022. Over the period under review, imports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 21.4 | 24.3 | 28.8 | 33.5 | 16.1% |
| Germany | 10.9 | 16.7 | 9.1 | 17.7 | 17.5% |
| United Kingdom | N/A | N/A | 2.6 | 1.1 | -57.7% |
| Ireland | N/A | N/A | N/A | 0.1 | 0% |
| China | 25.4 | N/A | N/A | N/A | 0% |
| Others | 3.3 | 0.4 | 9.8 | 0.2 | -60.7% |
| Total | 61.0 | 41.4 | 50.2 | 52.7 | -4.8% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Finland in 2022:
- Sweden (144.0 kg)
- United Kingdom (10.0 kg)
- Germany (5.0 kg)
- Ireland (4.0 kg)
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