Nickel; Unwrought, Alloys Price in Norway - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Norway (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Norway (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Norway
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | N/A | N/A | N/A | 25.4 | 0% |
United Kingdom | 15.1 | 5.2 | 9.3 | 3.9 | -36.3% |
Ireland | N/A | N/A | N/A | 2.1 | 0% |
United States | 18.8 | 44.4 | N/A | 0.1 | -82.5% |
Belgium | 5.1 | 0.6 | N/A | N/A | -88.2% |
Germany | N/A | 0.6 | 1.0 | N/A | 66.7% |
Others | N/A | 0.3 | N/A | 0.8 | 63.3% |
Total | 38.9 | 51.2 | 10.3 | 32.4 | -5.9% |
Top Suppliers of Nickel; Unwrought, Alloys to Norway in 2022:
- Czech Republic (200.0 kg)
- United Kingdom (24.0 kg)
- Ireland (4.0 kg)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Iceland | N/A | N/A | N/A | 4.0 | 0% |
South Korea | N/A | 746 | N/A | N/A | 0% |
Germany | N/A | 322 | N/A | N/A | 0% |
Sweden | N/A | 365 | N/A | N/A | 0% |
Malaysia | 398 | N/A | N/A | N/A | 0% |
Singapore | 122 | 296 | 318 | N/A | 61.4% |
Israel | N/A | N/A | 58.0 | N/A | 0% |
Others | 85.7 | 428 | 319 | N/A | 92.9% |
Total | 605 | 2,156 | 695 | 4.0 | -81.2% |
Top Export Markets for Nickel; Unwrought, Alloys from Norway in 2022:
- Iceland (1.0 kg)
This report provides an in-depth analysis of the nickel market in Norway.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Norway.
This report provides an in-depth analysis of the nickel market in Norway.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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...
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...
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%
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
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.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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...
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...
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%