Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $48,822 per ton, growing by 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $48,937 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($83,423 per ton), while the price for Italy ($24,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $44,378 per ton, falling by -28.4% against the previous year. In general, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average export price increased by 93%. Over the period under review, the average export prices hit record highs at $132,116 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($303,579 per ton), while the average price for exports to India ($7,687 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 Estonia (+15.4%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland

In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Finland expanded markedly to 16 tons, with an increase of 7.2% against 2021 figures. In general, imports, however, saw a deep reduction. The growth pace was the most rapid in 2021 with an increase of 58%.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses soared to $772K in 2022. Overall, imports, however, recorded a perceptible descent. The pace of growth appeared the most rapid in 2021 with an increase of 54%.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden14279.985.226823.6%
Brazil10328.720815113.6%
Germany40729.561.9111-35.2%
France12.544.843.676.382.8%
United Kingdom12210362.652.8-24.4%
Switzerland9.334.147.148.773.7%
China0.333.30.136.3394.6%
Italy31.93.776.42.6-56.6%
Others20.341.127.625.47.8%
Total848398612772-3.1%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Finland in 2022:

  1. Brazil (4.9 tons)
  2. Sweden (4.2 tons)
  3. Germany (2.0 tons)
  4. United Kingdom (1.5 tons)
  5. France (1.3 tons)
  6. Switzerland (0.6 tons)
  7. China (0.6 tons)
  8. Italy (0.1 tons)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland

In 2022, after three years of growth, there was significant decline in shipments abroad of nickel; bars, rods and profiles, of nickel alloyses, when their volume decreased by -15.9% to 1.1 tons. Over the period under review, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 122% against the previous year.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses contracted markedly to $49K in 2022. In general, exports, however, posted a resilient increase. The growth pace was the most rapid in 2020 with an increase of 101% against the previous year.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden34.159.380.235.31.2%
SpainN/AN/AN/A5.80%
Uruguay1.71.0N/A5.447.0%
IndiaN/AN/AN/A1.20%
United States0.4N/A0.70.720.5%
Others0.713.4N/A0.4-17.0%
Total36.873.881.048.79.8%

Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Finland in 2022:

  1. Sweden (608.0 kg)
  2. Uruguay (266.0 kg)
  3. India (150.0 kg)
  4. United States (43.0 kg)
  5. Spain (19.0 kg)

Source: IndexBox Market Intelligence Platform

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