Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands - 2023

Contents:

1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands (CIF) - 2023
2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands (FOB) - 2023
3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands
4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands (CIF) - 2023

In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $155K per ton, surging by 203% against the previous month. In general, the import price posted a strong expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was the United States ($165K per ton), while the price for the UK ($67,716 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands (FOB) - 2023

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $43,147 per ton in October 2023, declining by -28.3% against the previous month. In general, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 68% against the previous month. As a result, the export price reached the peak level of $80,338 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was India ($131K per ton), while the average price for exports to Israel ($26,224 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands

After two years of decline, purchases abroad of nickel; plates, sheets, strip and foil, of nickel alloyses increased by 26% to 417 tons in 2022. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $18M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to the Netherlands in 2022:

1. Germany (223.3 tons)
2. France (96.7 tons)
3. United States (29.2 tons)
4. Italy (17.0 tons)
5. India (7.9 tons)
6. United Kingdom (6.8 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in the Netherlands

In 2022, approx. 219 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were exported from the Netherlands; rising by 30% against the previous year's figure. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 39%.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $9.7M in 2022. Overall, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2021 with an increase of 61%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from the Netherlands in 2022:

1. India (56.6 tons)
2. Germany (25.1 tons)
3. Saudi Arabia (24.8 tons)
4. Switzerland (15.6 tons)
5. Brazil (14.7 tons)
6. Belgium (11.2 tons)
7. Guyana (9.8 tons)
8. United Arab Emirates (6.9 tons)
9. South Korea (6.0 tons)
10. Morocco (5.7 tons)
11. United Kingdom (4.8 tons)
12. France (4.2 tons)
13. Turkey (3.8 tons)

Source: IndexBox Market Intelligence Platform