Price for Nickel; Wire, Not Alloyed in Norway - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Norway (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Norway (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Norway
- Exports of Nickel; Wire, Not Alloyed in Norway
Price for Nickel; Wire, Not Alloyed in Norway (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $54,322 per ton, with an increase of 85% against the previous year. Overall, the import price showed a measured expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 86%. The import price peaked at $71,551 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($127,568 per ton), while the price for Denmark ($14,373 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Norway (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $34,184 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price posted a measured expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by 17% against the previous year. The export price peaked at $34,931 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Finland.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +29.6% per year.
Imports of Nickel; Wire, Not Alloyed in Norway
In 2022, overseas purchases of nickel; wire, not alloyeds decreased by -7.7% to 287 kg, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 72%. As a result, imports attained the peak of 821 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, not alloyed imports soared to $16K in 2022. In general, imports showed a abrupt descent.
| Import of Nickel; Wire, Not Alloyed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.1 | 5.0 | 2.3 | 10.1 | 25.6% |
| Germany | 10.6 | 1.9 | 0.2 | 1.8 | -44.6% |
| China | N/A | N/A | N/A | 1.4 | 0% |
| Czech Republic | 0.6 | 1.5 | 0.4 | 1.0 | 18.6% |
| Denmark | 4.1 | 5.2 | 3.5 | 0.5 | -50.4% |
| Austria | N/A | 10.2 | N/A | N/A | 0% |
| Netherlands | 6.3 | 1.4 | 0.7 | N/A | -66.7% |
| Others | 2.0 | 2.0 | 1.9 | 0.7 | -29.5% |
| Total | 28.7 | 27.2 | 9.1 | 15.6 | -18.4% |
Top Suppliers of Nickel; Wire, Not Alloyed to Norway in 2022:
- United States (190.0 kg)
- Denmark (38.0 kg)
- Czech Republic (25.0 kg)
- China (16.0 kg)
- Germany (14.0 kg)
Exports of Nickel; Wire, Not Alloyed in Norway
In 2022, the amount of nickel; wire, not alloyeds exported from Norway was estimated at 1.1 tons, approximately mirroring the previous year's figure. In general, exports showed a abrupt shrinkage. The smallest decline of 99.9% was in 2021.
In value terms, nickel; wire, not alloyed exports amounted to $37K in 2022. Over the period under review, exports recorded a abrupt curtailment. The smallest decline of 99.9% was in 2021.
| Export of Nickel; Wire, Not Alloyed in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Finland | N/A | N/A | 18.6 | 0% | |
| Russia | 48.6 | N/A | N/A | 0% | |
| Others | N/A | N/A | 18.6 | 0% | |
| Total | 48.6 | N/A | 37.1 | -12.6% | |
Top Export Markets for Nickel; Wire, Not Alloyed from Norway in 2022:
- Finland (543.0 kg)
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