Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $12,207 per ton in 2022, shrinking by -48.2% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $26,547 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($28,746 per ton), while the price for the United States ($10,828 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.7%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $32,563 per ton in 2022, increasing by 16% against the previous year. Over the period under review, the export price, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 26%. The export price peaked at $37,412 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
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 Germany ($43,207 per ton), while the average price for exports to Spain ($7,498 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 Germany (+0.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium
In 2022, imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Belgium surged to 2.6K tons, rising by 102% compared with 2021. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 103% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses rose modestly to $32M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -26.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 99% against the previous year. As a result, imports reached the peak of $43M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.5 | 25.6 | 18.5 | 23.6 | 31.0% |
| France | 6.9 | 5.5 | 6.9 | 4.7 | -12.0% |
| Germany | 3.3 | 10.6 | 3.9 | 2.4 | -10.1% |
| Others | 0.8 | 1.0 | 0.9 | 0.9 | 4.0% |
| Total | 21.5 | 42.7 | 30.2 | 31.6 | 13.7% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Belgium in 2022:
- United States (2176.4 tons)
- France (295.2 tons)
- Germany (82.2 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium
In 2022, shipments abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -3.2% to 733 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted significant growth. The pace of growth was the most pronounced in 2020 with an increase of 56%.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses rose notably to $24M in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 72% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
| Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Belgium (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1.1 | 4.8 | 7.1 | 12.6 | 125.4% |
| India | 0.5 | 2.1 | 1.2 | 2.4 | 68.7% |
| United States | 1.1 | 1.6 | 3.1 | 2.2 | 26.0% |
| France | 0.9 | 0.9 | 0.5 | 1.6 | 21.1% |
| China | 0.9 | 1.3 | 2.7 | 1.2 | 10.1% |
| Germany | 3.3 | 1.2 | 1.7 | 1.1 | -30.7% |
| South Korea | 0.5 | 1.8 | 2.0 | 0.9 | 21.6% |
| Spain | 0.3 | 0.5 | 0.2 | 0.4 | 10.1% |
| Others | 0.7 | 2.1 | 2.7 | 1.4 | 26.0% |
| Total | 9.4 | 16.2 | 21.2 | 23.9 | 36.5% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Belgium in 2022:
- Italy (374.8 tons)
- United States (69.8 tons)
- India (57.9 tons)
- Spain (57.3 tons)
- France (54.4 tons)
- China (32.3 tons)
- South Korea (24.5 tons)
- Germany (24.4 tons)
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