Spain - Unwrought Nickel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Price in Spain - 2023
Contents:
- Nickel Price in Spain (CIF) - 2023
- Nickel Price in Spain (FOB) - 2022
- Nickel Imports in Spain
- Nickel Exports in Spain
Nickel Price in Spain (CIF) - 2023
The average nickel import price stood at $24,661 per ton in July 2023, increasing by 15% against the previous month. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 an increase of 56% month-to-month. As a result, import price reached the peak level of $28,921 per ton. From February 2023 to July 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($61,611 per ton), while the price for Germany ($12,932 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel Price in Spain (FOB) - 2022
The average nickel export price stood at $22,285 per ton in 2022, surging by 29% against the previous year. Over the period under review, the export price posted a strong increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 56% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($37,576 per ton), while the average price for exports to France ($8,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+24.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel Imports in Spain
In 2022, nickel imports into Spain declined modestly to 15K tons, which is down by -2.1% compared with the previous year. Over the period under review, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8%.
In value terms, nickel imports skyrocketed to $366M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +89.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.
| Import of Nickel in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 49.8 | 37.3 | 99.2 | 159 | 47.3% |
| Canada | 34.9 | 25.7 | 56.0 | 63.0 | 21.8% |
| South Africa | 1.2 | 0.1 | 26.9 | 31.8 | 198.1% |
| Germany | 5.1 | 6.2 | 13.1 | 23.7 | 66.9% |
| Finland | 20.7 | 20.0 | 17.4 | 23.4 | 4.2% |
| Norway | 41.2 | 20.5 | 7.8 | 21.5 | -19.5% |
| United States | 0.5 | 0.1 | 2.3 | 12.3 | 190.8% |
| Australia | 47.2 | 28.2 | 32.2 | 9.7 | -41.0% |
| Russia | 27.7 | 11.9 | 6.3 | 7.5 | -35.3% |
| Others | 36.6 | 43.5 | 13.0 | 14.1 | -27.2% |
| Total | 265 | 194 | 274 | 366 | 11.4% |
Top Suppliers of Nickel to Spain in 2022:
- Netherlands (6.7K tons)
- Canada (2.5K tons)
- Germany (1.4K tons)
- South Africa (1.3K tons)
- Finland (1.0K tons)
- Norway (0.9K tons)
- United States (0.5K tons)
- Australia (0.3K tons)
- Russia (0.3K tons)
Nickel Exports in Spain
In 2022, exports of unwrought nickel from Spain contracted dramatically to 333 tons, dropping by -18.2% against 2021. In general, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by 7.4%. As a result, the exports reached the peak of 407 tons, and then fell markedly in the following year.
In value terms, nickel exports expanded sharply to $7.4M in 2022. Over the period under review, exports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in years to come.
| Export of Nickel in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 2,953 | 2,456 | 3,106 | 3,832 | 9.1% |
| Germany | 0.5 | 0.5 | 541 | 1,308 | 1277.9% |
| France | N/A | 10.6 | 574 | 566 | 630.7% |
| Italy | 49.3 | 79.3 | 48.4 | 438 | 107.1% |
| Sweden | N/A | N/A | 207 | 295 | 42.5% |
| Czech Republic | 493 | 365 | 618 | 276 | -17.6% |
| United Kingdom | 38.5 | 13.1 | 131 | 133 | 51.2% |
| Poland | 350 | 201 | 66.5 | 76.0 | -39.9% |
| Japan | 158 | 168 | 17.4 | N/A | -66.8% |
| Others | 154 | 918 | 1,730 | 489 | 47.0% |
| Total | 4,196 | 4,211 | 7,038 | 7,413 | 20.9% |
Top Export Markets for Nickel from Spain in 2022:
- Portugal (141.0 tons)
- France (64.3 tons)
- Germany (60.5 tons)
- Sweden (13.9 tons)
- Italy (11.7 tons)
- United Kingdom (10.7 tons)
- Czech Republic (10.0 tons)
- Poland (3.5 tons)
This report provides an in-depth analysis of the nickel market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24451100 - Nickel, unwrought
- Prodcom 24451110 -
- Prodcom 24451120 -
Country coverage:
- Spain
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Spain
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the nickel market in Spain.
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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 Spain.
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This report provides an in-depth analysis of the nickel market in Spain.
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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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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...
789
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...
986
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%
1792
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
868
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.
1169
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...
789
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...
986
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%
1792
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
