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

Contents:

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

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

The average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $23,515 per ton in 2022, picking up by 41% against the previous year. In general, the import price, however, continues to indicate a slight contraction. The pace of growth was the most pronounced in 2015 an increase of 110% against the previous year. As a result, import price reached the peak level of $34,613 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Africa ($27,351 per ton), while the price for Finland amounted to $22,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+35.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $4,546,800 per ton, increasing by 121% against the previous year. Overall, the export price recorded a significant increase. The most prominent rate of growth was recorded in 2021 an increase of 4,043%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see steady growth in the immediate term.

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 China ($5,050,667 per ton), while the average price for exports to Norway totaled $12,000 per ton.

From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+919.9%).

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

After three years of growth, overseas purchases of nickel; oxide sinters and other intermediate products of nickel metallurgies decreased by -80.8% to 433 tons in 2022. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,519%.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies contracted remarkably to $10M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,179% against the previous year.

Import of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/A1.87.3305.6%
South AfricaN/AN/AN/A2.70%
BelgiumN/A0.33.3N/A1000.0%
Indonesia1.519.532.2N/A363.3%
OthersN/AN/A0.20.1-50.0%
Total1.619.837.510.285.4%

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

  1. Finland (327.7 tons)
  2. South Africa (100.0 tons)

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

In 2022, the amount of nickel; oxide sinters and other intermediate products of nickel metallurgies exported from Spain fell remarkably to 10 kg, shrinking by -52.4% compared with 2021 figures. Overall, exports faced a sharp descent. The smallest decline of -34.4% was in 2021.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $45K in 2022. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2021 with an increase of 2,619% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Spain (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
China1.443.345.5470.1%
France0.2N/AN/A0%
NorwayN/AN/AN/A0%
OthersN/AN/AN/A0%
Total1.643.345.5433.3%

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

  1. China (9.0 kg)
  2. Norway (1.0 kg)

Source: IndexBox Market Intelligence Platform

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