Price for Nickel; Wire, Not Alloyed in Sweden - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Sweden (FOB) - 2022
- Price for Nickel; Wire, Not Alloyed in Sweden (CIF) - 2022
- Exports of Nickel; Wire, Not Alloyed in Sweden
- Imports of Nickel; Wire, Not Alloyed in Sweden
Price for Nickel; Wire, Not Alloyed in Sweden (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $25,925 per ton in 2022, surging by 14% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 24% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($68,234 per ton), while the average price for exports to Liechtenstein ($9,383 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 Arab Emirates (+13.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Sweden (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $27,991 per ton in 2022, rising by 24% against the previous year. In general, the import price recorded a notable expansion. The pace of growth appeared the most rapid in 2016 an increase of 206%. As a result, import price attained the peak level of $36,869 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($216,688 per ton), while the price for the UK ($8,528 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+43.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Wire, Not Alloyed in Sweden
In 2022, overseas shipments of nickel; wire, not alloyeds decreased by -73.8% to 18 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 33% against the previous year. As a result, the exports reached the peak of 88 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, nickel; wire, not alloyed exports contracted significantly to $476K in 2022. In general, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 35% against the previous year. As a result, the exports attained the peak of $1.7M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Nickel; Wire, Not Alloyed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 308 | 98.0 | 688 | 128 | -25.4% |
| Austria | 167 | 99.6 | 420 | 120 | -10.4% |
| Germany | 10.8 | 14.1 | N/A | 119 | 122.5% |
| Czech Republic | N/A | 12.5 | 2.5 | 90.4 | 168.9% |
| Liechtenstein | N/A | N/A | N/A | 9.2 | 0% |
| Netherlands | 178 | 360 | N/A | 0.9 | -82.8% |
| United States | 91.5 | 19.9 | 26.6 | N/A | -46.1% |
| Taiwan (Chinese) | 377 | 1,004 | 370 | N/A | -0.9% |
| Others | 108 | 62.1 | 91.0 | 8.3 | -57.5% |
| Total | 1,241 | 1,671 | 1,599 | 476 | -27.3% |
Top Export Markets for Nickel; Wire, Not Alloyed from Sweden in 2022:
- Netherlands (undefined tons)
- United States (undefined tons)
- Czech Republic (8.5 tons)
- China (4.2 tons)
- Austria (2.3 tons)
- Germany (2.1 tons)
- Liechtenstein (1.0 tons)
Imports of Nickel; Wire, Not Alloyed in Sweden
After three years of growth, purchases abroad of nickel; wire, not alloyeds decreased by -67.1% to 2.1 tons in 2022. Over the period under review, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports attained the peak of 6.4 tons, and then contracted remarkably in the following year.
In value terms, nickel; wire, not alloyed imports dropped significantly to $59K in 2022. Overall, imports showed a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33%. As a result, imports reached the peak of $145K, and then dropped markedly in the following year.
| Import of Nickel; Wire, Not Alloyed in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.0 | 50.1 | 32.2 | 39.9 | 10.0% |
| United Kingdom | N/A | N/A | N/A | 16.1 | 0% |
| India | 55.8 | 5.0 | N/A | N/A | -91.0% |
| Finland | N/A | 50.0 | 106 | N/A | 112.0% |
| Czech Republic | 8.7 | 2.6 | 2.3 | N/A | -48.6% |
| Others | 1.4 | 1.6 | 4.6 | 3.0 | 28.9% |
| Total | 95.9 | 109 | 145 | 59.0 | -14.9% |
Top Suppliers of Nickel; Wire, Not Alloyed to Sweden in 2022:
- United Kingdom (1891.0 kg)
- Germany (184.0 kg)
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