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

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

In 2021, the average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $82,750 per ton, remaining constant against the previous year. Over the period under review, the import price continues to indicate resilient growth. The pace of growth was the most pronounced in 2020 a decrease of 99.9% against the previous year. The import price peaked at $634,333 per ton in 2016; however, from 2017 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($102,000 per ton), while the price for Belgium totaled $63,500 per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+33.1%).

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

In 2022, after two years of decline, there was significant decline in supplies from abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies, when their volume decreased by 99.9% to less than 0.1 kg. Over the period under review, imports recorded a dramatic decrease.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies dropped sharply to $66 in 2022. In general, imports faced a sharp descent.