Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands (CIF) - 2023
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands (FOB) - 2023
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands (CIF) - 2023
In August 2023, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $153K per ton, surging by 54% against the previous month. Over the period under review, the import price saw notable growth. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 167% m-o-m. Over the period under review, average import prices hit record highs in August 2023.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was the UK ($80,169 per ton), while the price for China ($50,426 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+13.9%), 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 the Netherlands (FOB) - 2023
In August 2023, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $64,338 per ton, reducing by -20.1% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 23% month-to-month. As a result, the export price reached the peak level of $80,540 per ton, and then reduced rapidly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Costa Rica ($747K per ton), while the average price for exports to Singapore ($33,975 per ton) was amongst the lowest.
From November 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+22.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands
Imports of nickel; bars, rods and profiles, of nickel alloyses into the Netherlands declined remarkably to 312 tons in 2022, shrinking by -28.2% on the previous year's figure. Overall, imports showed a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports reached the peak of 435 tons, and then shrank markedly in the following year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses reduced modestly to $17M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.6% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 56%. As a result, imports attained the peak of $17M, leveling off in the following year.
Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 5.2 | 4.1 | 6.8 | 11.8 | 31.4% |
Brazil | 2.3 | 2.6 | 5.0 | 1.8 | -7.8% |
United Kingdom | 1.5 | 1.2 | 1.0 | 0.8 | -18.9% |
United States | 0.9 | 0.8 | 0.8 | 0.6 | -12.6% |
Italy | 1.0 | 0.9 | 0.7 | 0.5 | -20.6% |
Sweden | 0.2 | 0.3 | 0.4 | 0.2 | 0.0% |
India | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
Others | 0.5 | 0.8 | 2.2 | 1.2 | 33.9% |
Total | 12.1 | 10.9 | 17.1 | 17.0 | 12.0% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to the Netherlands in 2022:
- Germany (184.7 tons)
- Brazil (51.6 tons)
- United Kingdom (16.6 tons)
- Italy (15.7 tons)
- United States (11.5 tons)
- Sweden (5.9 tons)
- India (0.2 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands
In 2022, approx. 280 tons of nickel; bars, rods and profiles, of nickel alloyses were exported from the Netherlands; with an increase of 24% against the previous year. In general, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $14M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.1% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in the Netherlands (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 14.7 | 2.8 | 0.4 | 5,188 | 606.7% |
Germany | 1,704 | 2,064 | 4,423 | 1,922 | 4.1% |
France | 946 | 726 | 381 | 1,209 | 8.5% |
Belgium | 289 | 416 | 288 | 1,097 | 56.0% |
Italy | 53.4 | 56.9 | 236 | 734 | 139.5% |
United Kingdom | 689 | 1,469 | 408 | 724 | 1.7% |
Hungary | 480 | 134 | 130 | 575 | 6.2% |
India | 390 | 1,196 | 196 | 535 | 11.1% |
Poland | 441 | 79.7 | 270 | 200 | -23.2% |
China | 2,342 | 91.6 | 102 | 158 | -59.3% |
Others | 1,342 | 1,424 | 2,829 | 1,303 | -1.0% |
Total | 8,690 | 7,660 | 9,263 | 13,644 | 16.2% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from the Netherlands in 2022:
- United States (118.2 tons)
- Germany (41.5 tons)
- India (21.1 tons)
- France (19.7 tons)
- Italy (17.4 tons)
- Belgium (16.1 tons)
- Hungary (12.7 tons)
- United Kingdom (8.0 tons)
- Poland (3.8 tons)
- China (2.2 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in the Netherlands.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
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