Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany - 2023

Contents:

1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany (FOB) - 2023
2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany (CIF) - 2022
3. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany
4. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany (FOB) - 2023

In November 2023, the average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $2,939 per ton, falling by -17.9% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 an increase of 38% month-to-month. The export price peaked at $4,801 per ton in February 2023; however, from March 2023 to November 2023, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($6,250 per ton), while the average price for exports to Canada stood at $2,453 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+30.3%), while the prices for the other major destinations experienced a decline.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $37,958 per ton in 2022, which is down by -37.7% against the previous year. In general, the import price, however, saw a remarkable increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 2,272%. As a result, import price reached the peak level of $60,965 per ton, and then dropped rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($39,993 per ton), while the price for the United States ($18,062 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+49.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany

In 2022, shipments abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -13.5% to 14K tons, falling for the second year in a row after two years of growth. In general, exports recorded a perceptible downturn. The pace of growth was the most pronounced in 2020 when exports increased by 23% against the previous year. As a result, the exports attained the peak of 20K tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies shrank to $49M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +7.7% 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 decreased by -17.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports attained the peak of $59M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Germany in 2022:

1. Canada (13.7K tons)
2. Norway (0.4K tons)

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Germany

In 2022, the amount of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies imported into Germany soared to 102 tons, growing by 2,110% compared with 2021 figures. In general, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies soared to $3.9M in 2022. Overall, imports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 4,903%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Germany in 2022:

1. Ukraine (58.6 tons)
2. Belarus (16.8 tons)
3. Russia (13.8 tons)
4. Kazakhstan (11.1 tons)
5. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform