Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (CIF) - 2023
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (CIF) - 2023
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $63,596 per ton in August 2023, increasing by 15% against the previous month. Overall, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 51% month-to-month. Over the period under review, average import prices attained the peak figure at $99,218 per ton in April 2023; however, from May 2023 to August 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to August 2023, the rate of growth in terms of prices for the Netherlands amounted to +9.9% per month.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $49,642 per ton, declining by -5.5% against the previous year. In general, the export price continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 54%. As a result, the export price attained the peak level of $70,923 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($122,333 per ton), while the average price for exports to France stood at $35,315 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+7.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg
In 2022, after three years of growth, there was significant decline in purchases abroad of nickel; bars, rods and profiles, of nickel alloyses, when their volume decreased by -14.1% to 3.1 tons. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 19%.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses contracted modestly to $142K in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 9.6%. As a result, imports attained the peak of $157K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 37.9 | 48.4 | 89.2 | 94.9 | 35.8% |
| United Kingdom | 34.4 | 21.1 | 15.3 | 19.3 | -17.5% |
| Sweden | 0.2 | 12.6 | 16.7 | 10.9 | 279.1% |
| Netherlands | 14.7 | 6.2 | 20.0 | 9.3 | -14.2% |
| France | 48.2 | 67.9 | 3.0 | 3.1 | -59.9% |
| Others | 7.8 | 0.9 | 0.8 | 4.6 | -16.1% |
| Total | 143 | 157 | 145 | 142 | -0.2% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Luxembourg in 2022:
- Germany (2340.0 kg)
- United Kingdom (313.0 kg)
- Sweden (188.0 kg)
- Netherlands (135.0 kg)
- France (51.0 kg)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg
After three years of growth, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by -84.2% to 285 kg in 2022. Overall, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 150% against the previous year. As a result, the exports reached the peak of 1.8 tons, and then declined notably in the following year.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses contracted notably to $14K in 2022. In general, exports recorded a precipitous contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 166% against the previous year. As a result, the exports attained the peak of $95K, and then dropped rapidly in the following year.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.1 | 16.6 | 25.3 | 8.5 | -24.9% |
| Belgium | 14.0 | 11.1 | 7.4 | 5.1 | -28.6% |
| Germany | N/A | 5.5 | 23.0 | N/A | 318.2% |
| Austria | N/A | N/A | 4.2 | N/A | 0% |
| United States | N/A | N/A | 33.1 | N/A | 0% |
| Australia | 5.8 | N/A | N/A | N/A | 0% |
| Others | 6.0 | 2.4 | 1.7 | 0.5 | -56.3% |
| Total | 46.0 | 35.6 | 94.7 | 14.1 | -32.6% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Luxembourg in 2022:
- France (241.0 kg)
- Belgium (42.0 kg)
1582
In value terms, nickel powders and flakes imports amounted to $X in 2016. In general, nickel powders and flakes imports continue to indicate a drastic shrinkage. Global nickel powders and flakes im...
1697
In value terms, nickel bars, rods, profiles and wire imports totaled $X in 2016. Overall, nickel bars, rods, profiles and wire imports continue to indicate a drastic decrease. Global nickel bars, rod...
902
In value terms, nickel powders and flakes exports amounted to $X in 2016. Overall, nickel powders and flakes exports continue to indicate a drastic curtailment. Over the period under review, global...
646
In value terms, nickel bars, rods, profiles and wire exports amounted to $X in 2016. In general, nickel bars, rods, profiles and wire exports continue to indicate a deep decrease. Over the period u...
