Price for Nickel Oxides and Hydroxides in Denmark - 2023
Contents:
- Price for Nickel Oxides and Hydroxides in Denmark (CIF) - 2022
- Imports of Nickel Oxides and Hydroxides in Denmark
Price for Nickel Oxides and Hydroxides in Denmark (CIF) - 2022
In 2022, the average nickel oxides and hydroxides import price amounted to $175,705 per ton, surging by 62% against the previous year. Overall, the import price posted temperate growth. The growth pace was the most rapid in 2017 an increase of 838%. As a result, import price reached the peak level of $257,211 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($193,922 per ton), while the price for Germany stood at $157,100 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Nickel Oxides and Hydroxides in Denmark
For the fourth consecutive year, Denmark recorded growth in overseas purchases of nickel oxides and hydroxideses, which increased by 17% to 1.1 tons in 2022. In general, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,467%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, nickel oxides and hydroxides imports soared to $200K in 2022. Overall, imports recorded significant growth. The pace of growth was the most pronounced in 2020 with an increase of 3,346%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Nickel Oxides and Hydroxides in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | 39.5 | 111 | 181.0% |
| Germany | 0.2 | 29.5 | 60.4 | 88.3 | 661.5% |
| Others | 0.6 | N/A | 5.2 | N/A | 194.4% |
| Total | 0.9 | 29.6 | 105 | 200 | 505.7% |
Top Suppliers of Nickel Oxides and Hydroxides to Denmark in 2022:
- United States (574.0 kg)
- Germany (562.0 kg)
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