Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $62,432 per ton in 2022, growing by 27% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for nickel; bars, rods and profiles, of nickel alloyses increased by +141.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 39%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($116,359 per ton), while the price for Sweden ($30,437 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (FOB) - 2022
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $226,669 per ton in 2022, rising by 91% against the previous year. In general, the export price enjoyed a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 273% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($202,682 per ton), while the average price for exports to Germany ($50,207 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 Spain (+92.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark
In 2022, supplies from abroad of nickel; bars, rods and profiles, of nickel alloyses increased by 272% to 53 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses surged to $3.3M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 43.8 | 85.4 | N/A | 2,591 | 289.6% |
| Germany | 470 | 198 | 245 | 253 | -18.7% |
| United Kingdom | 59.9 | 117 | 168 | 133 | 30.5% |
| United States | 34.1 | 81.1 | 108 | 98.2 | 42.3% |
| Sweden | 140 | 104 | 120 | 84.6 | -15.5% |
| France | N/A | N/A | N/A | 71.1 | 0% |
| Italy | 7.4 | 206 | 4.5 | 12.3 | 18.5% |
| Others | 14.5 | 32.7 | 48.6 | 35.8 | 35.2% |
| Total | 770 | 824 | 694 | 3,279 | 62.1% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Denmark in 2022:
- Norway (38.8 tons)
- Germany (5.2 tons)
- Sweden (2.8 tons)
- United Kingdom (2.1 tons)
- France (1.4 tons)
- United States (0.8 tons)
- Italy (0.3 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses exported from Denmark surged to 3.7 tons, growing by 42% against the previous year. Overall, exports, however, showed a sharp curtailment.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $831K in 2022. In general, exports recorded modest growth.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 474 | 428 | 238 | 550 | 5.1% |
| Spain | N/A | 6.8 | 5.5 | 39.7 | 141.6% |
| Czech Republic | N/A | N/A | N/A | 30.0 | 0% |
| Netherlands | N/A | 1.2 | N/A | 19.6 | 304.1% |
| Italy | N/A | 41.0 | N/A | 13.1 | -43.5% |
| Germany | N/A | 29.3 | 39.0 | 5.8 | -55.5% |
| Nigeria | 219 | 116 | N/A | N/A | -47.0% |
| China | 26.4 | N/A | N/A | N/A | 0% |
| India | N/A | 1,203 | N/A | N/A | 0% |
| Faroe Islands | 22.2 | 8.6 | N/A | N/A | -61.3% |
| Others | 44.5 | 8.1 | 22.2 | 173 | 57.2% |
| Total | 786 | 1,843 | 305 | 831 | 1.9% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Denmark in 2022:
- South Africa (2720.0 kg)
- Spain (197.0 kg)
- Netherlands (194.0 kg)
- Italy (185.0 kg)
- Czech Republic (148.0 kg)
- Germany (116.0 kg)
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