Price for Nickel; Plates, Sheets, Strip and Foil in Finland - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Finland (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Finland (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Finland
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Finland

Price for Nickel; Plates, Sheets, Strip and Foil in Finland (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $24,283 per ton in 2022, rising by 19% against the previous year. Over the period under review, the import price, however, saw a perceptible decline. Over the period under review, average import prices attained the peak figure at $29,920 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($215,250 per ton), while the price for Italy ($18,973 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+33.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Finland (FOB) - 2022

In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $104,636 per ton, falling by -24.9% against the previous year. Overall, the export price, however, showed buoyant growth. The pace of growth was the most pronounced in 2014 an increase of 378%. The export price peaked at $139,239 per ton in 2021, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($127,690 per ton), while the average price for exports to Norway ($18,000 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 Estonia (+36.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil in Finland

In 2022, approx. 126 tons of nickel; plates, sheets, strip and foils were imported into Finland; picking up by 19% on the previous year's figure. Over the period under review, imports, however, continue to indicate a abrupt decline.

In value terms, imports of nickel; plates, sheets, strip and foils surged to $3.1M in 2022. Overall, imports, however, recorded a noticeable reduction.

Import of Nickel; Plates, Sheets, Strip and Foil in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,8921,2521,7812,3838.0%
Netherlands20.945.038.815695.4%
Sweden90326098.7155-44.4%
Italy14242.477.7107-9.0%
Others387224163257-12.8%
Total3,3451,8232,1593,058-2.9%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Finland in 2022:

  1. Germany (109.6 tons)
  2. Italy (5.6 tons)
  3. Netherlands (3.6 tons)
  4. Sweden (3.3 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Finland

Exports of nickel; plates, sheets, strip and foils from Finland skyrocketed to 1.1 tons in 2022, growing by 81% against the year before. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 191%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of nickel; plates, sheets, strip and foils surged to $119K in 2022. Over the period under review, exports showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 106%. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.10.227.864.0287.5%
Sweden12.639.256.025.927.1%
BrazilN/AN/AN/A25.30%
KazakhstanN/AN/AN/A3.10%
Switzerland0.1N/A0.40.791.3%
GermanyN/A5.8N/AN/A0%
PolandN/A2.5N/AN/A0%
Estonia4.2N/AN/AN/A0%
TurkeyN/A19.9N/AN/A0%
Others16.53.43.80.4-71.1%
Total34.571.188.011951.1%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Finland in 2022:

  1. United States (622.0 kg)
  2. Brazil (246.0 kg)
  3. Sweden (203.0 kg)
  4. Kazakhstan (35.0 kg)
  5. Switzerland (23.0 kg)

Source: IndexBox Market Intelligence Platform

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