Price for Nickel; Wire, Not Alloyed in Belgium - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Belgium (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Belgium (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Belgium
- Exports of Nickel; Wire, Not Alloyed in Belgium
Price for Nickel; Wire, Not Alloyed in Belgium (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $20,257 per ton in 2022, reducing by -44.5% against the previous year. In general, the import price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 an increase of 146%. As a result, import price attained the peak level of $41,036 per ton. From 2015 to 2022, the average import prices failed to regain momentum.
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 France ($167,192 per ton), while the price for the Netherlands ($5,488 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Belgium (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $45,966 per ton in 2022, growing by 12% against the previous year. Overall, the export price continues to indicate a modest expansion. The growth pace was the most rapid in 2014 when the average export price increased by 144%. As a result, the export price reached the peak level of $74,731 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($52,450 per ton), while the average price for exports to Luxembourg ($15,497 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 Brazil (+19.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, Not Alloyed in Belgium
In 2022, after three years of growth, there was significant decline in purchases abroad of nickel; wire, not alloyeds, when their volume decreased by -12.7% to 2.8 tons. The total import volume increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 3.2 tons, and then dropped in the following year.
In value terms, nickel; wire, not alloyed imports shrank remarkably to $56K in 2022. Overall, imports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2021 with an increase of 54%. As a result, imports reached the peak of $116K, and then shrank sharply in the following year.
| Import of Nickel; Wire, Not Alloyed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 57.9 | 10.0 | 17.1 | 166.8% |
| United Kingdom | N/A | N/A | 0.4 | 15.8 | 3850.0% |
| Austria | 32.0 | 11.7 | 11.7 | 14.3 | -23.5% |
| Netherlands | 1.7 | N/A | 1.6 | 5.4 | 47.0% |
| China | 17.1 | N/A | 91.5 | 3.1 | -43.4% |
| Others | 2.0 | 5.6 | 0.3 | 0.3 | -46.9% |
| Total | 53.7 | 75.2 | 116 | 56.0 | 1.4% |
Top Suppliers of Nickel; Wire, Not Alloyed to Belgium in 2022:
- Netherlands (980.0 kg)
- Germany (620.0 kg)
- Austria (594.0 kg)
- United Kingdom (368.0 kg)
- China (201.0 kg)
Exports of Nickel; Wire, Not Alloyed in Belgium
In 2022, approx. 1.2 tons of nickel; wire, not alloyeds were exported from Belgium; falling by -19.6% against the previous year's figure. In general, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 8,339%. As a result, the exports attained the peak of 1.5 tons, and then shrank significantly in the following year.
In value terms, nickel; wire, not alloyed exports dropped to $56K in 2022. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 8,066% against the previous year. As a result, the exports reached the peak of $62K, and then shrank in the following year.
| Export of Nickel; Wire, Not Alloyed in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.6 | N/A | 62.1 | 52.7 | 83.0% |
| Luxembourg | N/A | N/A | N/A | 3.2 | 0% |
| Others | N/A | 0.8 | 0.2 | 0.2 | -50.0% |
| Total | 8.6 | 0.8 | 62.3 | 56.2 | 87.0% |
Top Export Markets for Nickel; Wire, Not Alloyed from Belgium in 2022:
- United States (1005.0 kg)
- Luxembourg (208.0 kg)
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