Nickel; Unwrought, Alloys Price in Norway - 2023

Contents:

  1. Nickel; Unwrought, Alloys Price in Norway (CIF) - 2022
  2. Nickel; Unwrought, Alloys Price in Norway (FOB) - 2022
  3. Nickel; Unwrought, Alloys Imports in Norway
  4. Nickel; Unwrought, Alloys Exports in Norway

Nickel; Unwrought, Alloys Price in Norway (CIF) - 2022

In 2022, the average nickel; unwrought, alloys import price amounted to $139,129 per ton, growing by 36% against the previous year. Overall, the import price saw resilient growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 861%. As a result, import price attained the peak level of $367,757 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Ireland ($521,750 per ton), while the price for the Czech Republic ($127,155 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+52.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Nickel; Unwrought, Alloys Price in Norway (FOB) - 2022

The average nickel; unwrought, alloys export price stood at $3,973,000 per ton in 2022, rising by 18,708% against the previous year. Overall, the export price posted a significant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Iceland.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +0.3% per year.

Nickel; Unwrought, Alloys Imports in Norway

In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; unwrought, alloyses, when their volume increased by 131% to 233 kg. Overall, imports, however, continue to indicate a abrupt setback.

In value terms, nickel; unwrought, alloys imports surged to $32K in 2022. In general, imports, however, recorded a deep reduction.

Import of Nickel; Unwrought, Alloys in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech RepublicN/AN/AN/A25.40%
United Kingdom15.15.29.33.9-36.3%
IrelandN/AN/AN/A2.10%
United States18.844.4N/A0.1-82.5%
Belgium5.10.6N/AN/A-88.2%
GermanyN/A0.61.0N/A66.7%
OthersN/A0.3N/A0.863.3%
Total38.951.210.332.4-5.9%

Top Suppliers of Nickel; Unwrought, Alloys to Norway in 2022:

  1. Czech Republic (200.0 kg)
  2. United Kingdom (24.0 kg)
  3. Ireland (4.0 kg)
  4. United States (1.0 kg)

Nickel; Unwrought, Alloys Exports in Norway

In 2022, overseas shipments of nickel; unwrought, alloyses decreased by 99.9% to 1 kg, falling for the second year in a row after two years of growth. In general, exports faced a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 334%. As a result, the exports reached the peak of 153 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel; unwrought, alloys exports declined significantly to $4K in 2022. Overall, exports saw a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 256%. As a result, the exports reached the peak of $2.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Nickel; Unwrought, Alloys in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IcelandN/AN/AN/A4.00%
South KoreaN/A746N/AN/A0%
GermanyN/A322N/AN/A0%
SwedenN/A365N/AN/A0%
Malaysia398N/AN/AN/A0%
Singapore122296318N/A61.4%
IsraelN/AN/A58.0N/A0%
Others85.7428319N/A92.9%
Total6052,1566954.0-81.2%

Top Export Markets for Nickel; Unwrought, Alloys from Norway in 2022:

  1. Iceland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, alloys - Norway