Nickel; Unwrought, Alloys Price in Luxembourg - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Luxembourg (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Luxembourg (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Luxembourg
- Nickel; Unwrought, Alloys Exports in Luxembourg
Nickel; Unwrought, Alloys Price in Luxembourg (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $1,553 per ton, shrinking by -91.4% against the previous year. Over the period under review, the import price saw a sharp curtailment. The pace of growth appeared the most rapid in 2018 when the average import price increased by 18% against the previous year. The import price peaked at $31,842 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for France.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to -5.5% per year.
Nickel; Unwrought, Alloys Price in Luxembourg (FOB) - 2022
The average nickel; unwrought, alloys export price stood at $21,272 per ton in 2022, reducing by -94.6% against the previous year. Overall, the export price showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 an increase of 99% against the previous year. Over the period under review, the average export prices hit record highs at $397,150 per ton in 2021, and then shrank dramatically in the following year.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +1.6% per year.
Nickel; Unwrought, Alloys Imports in Luxembourg
For the third year in a row, Luxembourg recorded decline in overseas purchases of nickel; unwrought, alloyses, which decreased by -47.3% to 749 kg in 2022. Over the period under review, imports continue to indicate a dramatic shrinkage. The smallest decline of -14% was in 2021.
In value terms, nickel; unwrought, alloys imports shrank significantly to $1.2K in 2022. Overall, imports continue to indicate a precipitous descent. The smallest decline of -23.1% was in 2021.
| Import of Nickel; Unwrought, Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | N/A | N/A | 1.2 | 0% |
| United Kingdom | 237 | N/A | N/A | N/A | 0% |
| Belgium | 38.0 | 33.2 | 18.2 | N/A | -30.8% |
| Others | N/A | 0.1 | 7.4 | N/A | 7300.0% |
| Total | 275 | 33.3 | 25.6 | 1.2 | -83.7% |
Top Suppliers of Nickel; Unwrought, Alloys to Luxembourg in 2022:
- France (749.0 kg)
Nickel; Unwrought, Alloys Exports in Luxembourg
In 2022, shipments abroad of nickel; unwrought, alloyses was finally on the rise to reach 1.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys exports skyrocketed to $36K in 2022. Overall, exports showed a prominent increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Alloys in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | N/A | N/A | 35.8 | 0% |
| Belgium | 14.9 | 7.9 | 4.1 | N/A | -47.5% |
| Others | 15.3 | 5.1 | 3.8 | N/A | -50.2% |
| Total | 30.2 | 13.0 | 7.9 | 35.8 | 5.8% |
Top Export Markets for Nickel; Unwrought, Alloys from Luxembourg in 2022:
- Germany (1.7 tons)
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the nickel market in Luxembourg.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1000
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1188
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
818
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1000
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
