Price for Nickel; Waste and Scrap in the UK - 2023
Contents:
- Price for Nickel; Waste and Scrap in the UK (FOB) - 2022
- Price for Nickel; Waste and Scrap in the UK (CIF) - 2022
- Exports of Nickel; Waste and Scrap in the UK
- Imports of Nickel; Waste and Scrap in the UK
Price for Nickel; Waste and Scrap in the UK (FOB) - 2022
In 2022, the average nickel; waste and scrap export price amounted to $15,947 per ton, jumping by 39% against the previous year. Over the period under review, the export price showed a buoyant increase. The most prominent rate of growth was recorded in 2014 an increase of 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($20,512 per ton), while the average price for exports to Belgium ($3,342 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 Portugal (+36.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Waste and Scrap in the UK (CIF) - 2022
In 2022, the average nickel; waste and scrap import price amounted to $12,021 per ton, with an increase of 40% against the previous year. In general, the import price showed a slight increase. 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 2022, amid the top importers, the country with the highest price was Italy ($16,014 per ton), while the price for Estonia ($4,566 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Waste and Scrap in the UK
In 2022, exports of nickel; waste and scraps from the UK soared to 14K tons, increasing by 31% compared with 2021 figures. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern.
In value terms, nickel; waste and scrap exports skyrocketed to $221M in 2022. Overall, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 103 | 41.3 | 57.2 | 117 | 4.3% |
| Japan | 10.1 | 4.9 | 13.9 | 34.8 | 51.0% |
| Australia | 11.8 | 2.6 | 6.0 | 16.3 | 11.4% |
| Taiwan (Chinese) | 2.5 | 2.3 | 10.2 | 13.3 | 74.6% |
| Germany | 4.9 | 5.3 | 7.7 | 12.5 | 36.6% |
| Sweden | 7.9 | 7.4 | 8.1 | 8.7 | 3.3% |
| Austria | 4.0 | 4.0 | 3.9 | 6.6 | 18.2% |
| Belgium | 0.4 | N/A | 1.9 | 0.8 | 26.0% |
| Others | 6.9 | 11.0 | 12.9 | 10.5 | 15.0% |
| Total | 152 | 78.8 | 122 | 221 | 13.3% |
Top Export Markets for Nickel; Waste and Scrap from the UK in 2022:
- United States (7.3K tons)
- Japan (1.7K tons)
- Sweden (1.1K tons)
- Australia (0.8K tons)
- Germany (0.8K tons)
- Taiwan (Chinese) (0.7K tons)
- Austria (0.3K tons)
- Belgium (0.3K tons)
Imports of Nickel; Waste and Scrap in the UK
Nickel; waste and scrap imports into the UK skyrocketed to 16K tons in 2022, with an increase of 41% on 2021 figures. In general, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 54%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
In value terms, nickel; waste and scrap imports surged to $194M in 2022. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.3 | 6.7 | 14.7 | 26.2 | 14.8% |
| France | 10.8 | 5.2 | 16.4 | 21.2 | 25.2% |
| Italy | 4.2 | 3.4 | 9.4 | 17.2 | 60.0% |
| United States | 19.3 | 10.3 | 8.4 | 14.4 | -9.3% |
| Singapore | 6.1 | 3.2 | 6.3 | 14.1 | 32.2% |
| China | 18.0 | 3.8 | 2.7 | 13.3 | -9.6% |
| Japan | 7.4 | 4.0 | 6.9 | 12.9 | 20.4% |
| India | 4.1 | 0.8 | 5.9 | 11.5 | 41.0% |
| Spain | 4.0 | 1.3 | 2.5 | 9.2 | 32.0% |
| Israel | 2.0 | 1.6 | 1.8 | 5.1 | 36.6% |
| Taiwan (Chinese) | 1.5 | 0.1 | 0.4 | 4.1 | 39.8% |
| South Korea | 1.4 | 0.7 | 0.3 | 3.8 | 39.5% |
| Estonia | 0.7 | 1.7 | 2.0 | 2.8 | 58.7% |
| Others | 17.7 | 12.2 | 20.7 | 37.8 | 28.8% |
| Total | 114 | 55.1 | 98.2 | 194 | 19.4% |
Top Suppliers of Nickel; Waste and Scrap to the UK in 2022:
- Germany (1.8K tons)
- France (1.5K tons)
- Italy (1.1K tons)
- Japan (1.1K tons)
- Spain (1.1K tons)
- Singapore (1.0K tons)
- United States (1.0K tons)
- China (1.0K tons)
- India (0.9K tons)
- Israel (0.6K tons)
- Estonia (0.6K tons)
- Taiwan (Chinese) (0.5K tons)
- South Korea (0.5K tons)
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