Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway - 2024

Contents:

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

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

The average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $15,118 per ton in 2022, which is down by -34.2% against the previous year. Over the period under review, the import price continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 69%. Over the period under review, average import prices reached the maximum at $93,392 per ton in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($17,581 per ton), while the price for Australia amounted to $12,494 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.8%).

Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway (FOB) - 2022

In 2022, the average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $3,600 per ton, shrinking by -44.6% against the previous year. Overall, the export price, however, saw moderate growth. The pace of growth was the most pronounced in 2019 an increase of 410%. As a result, the export price reached the peak level of $8,704 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($5,333 per ton), while the average price for exports to Germany ($1,000 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 Canada (+14.2%).

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

Imports of nickel; oxide sinters and other intermediate products of nickel metallurgies into Norway soared to 303 tons in 2022, growing by 223% compared with the previous year's figure. In general, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 136,172%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies soared to $4.6M in 2022. Over the period under review, imports showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 89,491%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

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

1. Australia (152.3 tons)
2. Germany (150.6 tons)

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

For the third consecutive year, Norway recorded decline in shipments abroad of nickel; oxide sinters and other intermediate products of nickel metallurgies, which decreased by -72.2% to 5 kg in 2022. Overall, exports saw a precipitous curtailment. The smallest decline of -63.3% was in 2020.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies declined significantly to $18 in 2022. Over the period under review, exports saw a precipitous slump. The smallest decline of -67.1% was in 2020.

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

1. Canada (3.0 kg)
2. Sweden (1.0 kg)
3. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform