Nickel; Unwrought, Alloys Price in Sweden - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Sweden (CIF) - 2023
- Nickel; Unwrought, Alloys Price in Sweden (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Sweden
- Nickel; Unwrought, Alloys Exports in Sweden
Nickel; Unwrought, Alloys Price in Sweden (CIF) - 2023
The average nickel; unwrought, alloys import price stood at $23,410 per ton in July 2023, dropping by -36% against the previous month. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 40% m-o-m. As a result, import price reached the peak level of $36,551 per ton, and then contracted notably in the following month.
Average prices varied noticeably amongst the major supplying countries. In July 2023, the country with the highest price was Australia ($23,699 per ton), while the price for Belgium totaled $22,958 per ton.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Canada (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in Sweden (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $8,496 per ton, waning by -21.7% against the previous year. Overall, the export price faced a abrupt setback. The growth pace was the most rapid in 2017 when the average export price increased by 84% against the previous year. Over the period under review, the average export prices attained the peak figure at $25,397 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($11,910 per ton), while the average price for exports to China amounted to $8,211 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel; Unwrought, Alloys Imports in Sweden
In 2022, approx. 5.1K tons of nickel; unwrought, alloyses were imported into Sweden; jumping by 94% compared with the previous year's figure. Overall, imports recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 167% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, nickel; unwrought, alloys imports soared to $132M in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | N/A | 7.7 | 32.8 | 64.0 | 188.3% |
| Australia | 5.2 | 1.0 | 0.6 | 26.2 | 71.4% |
| Canada | N/A | 0.3 | 0.8 | 17.1 | 655.0% |
| Netherlands | 0.6 | 1.4 | 4.7 | 8.9 | 145.7% |
| Estonia | N/A | N/A | 3.0 | 4.0 | 33.3% |
| Luxembourg | N/A | N/A | N/A | 3.6 | 0% |
| United Kingdom | 1.4 | 1.2 | 2.7 | 2.6 | 22.9% |
| Dominican Republic | 1.2 | 1.4 | N/A | N/A | 16.7% |
| China | 5.5 | 13.2 | 0.4 | N/A | -73.0% |
| Others | 0.4 | 7.5 | 2.1 | 5.2 | 135.1% |
| Total | 14.2 | 33.6 | 47.0 | 132 | 110.3% |
Top Suppliers of Nickel; Unwrought, Alloys to Sweden in 2022:
- Finland (2667.6 tons)
- Australia (841.4 tons)
- Canada (760.0 tons)
- Netherlands (297.3 tons)
- Estonia (144.9 tons)
- Luxembourg (120.8 tons)
- United Kingdom (83.8 tons)
Nickel; Unwrought, Alloys Exports in Sweden
In 2022, overseas shipments of nickel; unwrought, alloyses decreased by -70.8% to 11 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 17,357%. As a result, the exports reached the peak of 237 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, nickel; unwrought, alloys exports shrank significantly to $91K in 2022. In general, exports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 19,275% against the previous year. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Nickel; Unwrought, Alloys in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 142 | N/A | 85.7 | -22.3% |
| United Kingdom | 11.7 | 88.2 | N/A | 2.1 | -43.6% |
| France | N/A | N/A | 359 | N/A | 0% |
| Finland | 0.1 | 2,809 | 0.3 | N/A | 73.2% |
| Denmark | N/A | 32.0 | N/A | N/A | 0% |
| Others | 4.1 | 21.1 | 37.8 | 2.8 | -11.9% |
| Total | 16.0 | 3,093 | 397 | 90.6 | 78.2% |
Top Export Markets for Nickel; Unwrought, Alloys from Sweden in 2022:
- China (10.4 tons)
- United Kingdom (0.2 tons)
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This report provides an in-depth analysis of the nickel market in Sweden.
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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 Sweden.
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This report provides an in-depth analysis of the nickel market in Sweden.
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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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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
841
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...
1011
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%
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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
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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.
140
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1203
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...
841
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...
1011
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%
