Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (FOB) - 2023
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (CIF) - 2023
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (FOB) - 2023
In October 2023, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $42,703 per ton, waning by -6.1% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.0%. The pace of growth was the most pronounced in January 2023 when the average export price increased by 20% month-to-month. As a result, the export price reached the peak level of $47,795 per ton. From February 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was South Korea ($53,311 per ton), while the average price for exports to Indonesia ($21,381 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (CIF) - 2023
In October 2023, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $44,575 per ton, reducing by -6.1% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in November 2022 an increase of 17% against the previous month. The import price peaked at $50,415 per ton in April 2023; however, from May 2023 to October 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($87,867 per ton), while the price for the UK ($28,644 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany
For the fourth consecutive year, Germany recorded growth in overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses, which increased by 20% to 18K tons in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +48.2% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $570M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Austria | 50.1 | 54.2 | 70.0 | 76.2 | 15.0% |
United States | 68.3 | 44.0 | 59.7 | 72.1 | 1.8% |
China | 47.9 | 34.8 | 36.1 | 68.4 | 12.6% |
Italy | 32.3 | 32.9 | 39.7 | 64.3 | 25.8% |
France | 35.5 | 21.5 | 33.3 | 47.8 | 10.4% |
India | 12.1 | 18.9 | 12.3 | 35.2 | 42.8% |
Japan | 12.7 | 14.5 | 17.3 | 22.7 | 21.4% |
South Korea | 13.1 | 12.5 | 13.4 | 19.1 | 13.4% |
Brazil | 0.8 | 0.9 | 32.5 | 15.5 | 168.6% |
Netherlands | 12.0 | 7.9 | 6.4 | 15.5 | 8.9% |
United Kingdom | 14.8 | 9.7 | 9.0 | 15.3 | 1.1% |
Switzerland | 6.2 | 7.0 | 9.5 | 12.8 | 27.3% |
Taiwan (Chinese) | 2.9 | 3.2 | 4.7 | 12.2 | 61.4% |
Others | 61.1 | 57.0 | 69.9 | 92.3 | 14.7% |
Total | 370 | 319 | 414 | 570 | 15.5% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Germany in 2022:
- Austria (3.6K tons)
- United States (2.6K tons)
- China (2.2K tons)
- Italy (1.9K tons)
- France (1.3K tons)
- India (1.0K tons)
- Japan (0.6K tons)
- South Korea (0.5K tons)
- Brazil (0.4K tons)
- United Kingdom (0.4K tons)
- Netherlands (0.4K tons)
- Taiwan (Chinese) (0.3K tons)
- Switzerland (0.3K tons)
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany
In 2022, overseas purchases of nickel; plates, sheets, strip and foil, of nickel alloyses increased by 138% to 4.4K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $123M in 2022. Overall, imports saw buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 54.9 | 29.9 | 34.8 | 86.2 | 16.2% |
Sweden | 0.4 | 0.1 | 14.4 | 15.4 | 237.7% |
Austria | 5.6 | 3.9 | 5.1 | 6.0 | 2.3% |
United Kingdom | 14.0 | 12.8 | 1.3 | 3.0 | -40.2% |
Japan | 5.0 | 4.0 | 2.3 | 2.7 | -18.6% |
France | 3.7 | 2.6 | 3.0 | 2.6 | -11.1% |
Others | 5.1 | 5.4 | 5.3 | 7.2 | 12.2% |
Total | 88.5 | 58.7 | 66.2 | 123 | 11.6% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Germany in 2022:
- United States (2847.7 tons)
- Sweden (943.8 tons)
- Austria (171.4 tons)
- United Kingdom (107.8 tons)
- Japan (96.6 tons)
- France (81.9 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in Germany.
Global Market for Nickel And Nickel Alloy Plate. This report provides an in-depth analysis of the global market for nickel and nickel alloy plate.
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