Price for Nickel; Bars, Rods, Profiles and Wire in the Netherlands - 2023

Contents:

  1. Price for Nickel; Bars, Rods, Profiles and Wire in the Netherlands (CIF) - 2023
  2. Price for Nickel; Bars, Rods, Profiles and Wire in the Netherlands (FOB) - 2023
  3. Imports of Nickel; Bars, Rods, Profiles and Wire in the Netherlands
  4. Exports of Nickel; Bars, Rods, Profiles and Wire in the Netherlands

Price for Nickel; Bars, Rods, Profiles and Wire in the Netherlands (CIF) - 2023

In August 2023, the average import price for nickel; bars, rods, profiles and wires amounted to $55,545 per ton, increasing by 31% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 when the average import price increased by 80% m-o-m. As a result, import price attained the peak level of $61,236 per ton. From June 2023 to August 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Costa Rica ($205K per ton), while the price for China ($41,795 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Costa Rica (+43.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods, Profiles and Wire in the Netherlands (FOB) - 2023

In August 2023, the average export price for nickel; bars, rods, profiles and wires amounted to $57,150 per ton, increasing by 7.8% against the previous month. Over the period from December 2022 to August 2023, it increased at an average monthly rate of +1.7%. The pace of growth appeared the most rapid in April 2023 an increase of 20% against the previous month. Over the period under review, the average export prices attained the maximum in August 2023.

There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Brazil ($202K per ton), while the average price for exports to South Africa ($32,256 per ton) was amongst the lowest.

From December 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+27.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Nickel; Bars, Rods, Profiles and Wire in the Netherlands

In 2022, supplies from abroad of nickel; bars, rods, profiles and wires decreased by -25.9% to 905 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 5.3%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel; bars, rods, profiles and wires shrank to $38M in 2022. The total import value increased at an average annual rate of +3.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. As a result, imports reached the peak of $40M, and then reduced in the following year.

Import of Nickel; Bars, Rods, Profiles and Wire in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany14.514.514.822.115.1%
Sweden3.23.34.14.612.9%
France1.61.94.22.921.9%
Brazil2.52.65.11.8-10.4%
Italy4.04.44.31.3-31.2%
United Kingdom1.92.01.31.0-19.3%
South Korea0.10.20.80.458.7%
India2.72.21.50.2-58.0%
Others3.23.44.23.42.0%
Total33.834.640.337.73.7%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to the Netherlands in 2022:

  1. Germany (456.2 tons)
  2. Sweden (149.8 tons)
  3. France (88.9 tons)
  4. Brazil (51.6 tons)
  5. Italy (35.1 tons)
  6. United Kingdom (19.8 tons)
  7. South Korea (16.4 tons)
  8. India (8.0 tons)

Exports of Nickel; Bars, Rods, Profiles and Wire in the Netherlands

In 2022, approx. 635 tons of nickel; bars, rods, profiles and wires were exported from the Netherlands; approximately equating 2021 figures. In general, exports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 15%.

In value terms, exports of nickel; bars, rods, profiles and wires surged to $28M in 2022. The total export value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 21%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Nickel; Bars, Rods, Profiles and Wire in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1.60.41.17.265.1%
Germany3.33.87.34.510.9%
Italy1.10.91.22.531.5%
India1.01.80.61.923.9%
France1.61.91.21.84.0%
United Kingdom2.63.11.41.7-13.2%
Belgium0.30.50.31.258.7%
Japan0.50.61.01.026.0%
Poland0.80.81.00.80.0%
Czech Republic0.10.30.60.681.7%
Hungary0.50.10.10.66.3%
Vietnam0.60.40.40.5-5.9%
China2.60.21.60.4-46.4%
Others4.34.75.43.2-9.4%
Total21.019.423.527.89.8%

Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from the Netherlands in 2022:

  1. United States (123.1 tons)
  2. Germany (114.0 tons)
  3. Italy (64.1 tons)
  4. India (61.0 tons)
  5. Japan (49.7 tons)
  6. France (35.9 tons)
  7. United Kingdom (28.3 tons)
  8. Poland (22.4 tons)
  9. Belgium (17.8 tons)
  10. Vietnam (13.6 tons)
  11. Hungary (12.9 tons)
  12. Czech Republic (11.4 tons)
  13. China (8.9 tons)

Source: IndexBox Market Intelligence Platform

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