Price for Nickel; Bars, Rods, Profiles and Wire in Finland - 2023
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in Finland (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in Finland (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in Finland
- Exports of Nickel; Bars, Rods, Profiles and Wire in Finland
Price for Nickel; Bars, Rods, Profiles and Wire in Finland (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $44,866 per ton in 2022, rising by 23% against the previous year. In general, the import price showed a relatively flat trend pattern. The import price peaked at $44,888 per ton in 2013; afterwards, it flattened through to 2022.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($83,584 per ton), while the price for Brazil ($29,702 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in Finland (FOB) - 2022
In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $48,981 per ton, waning by -21.7% against the previous year. Over the period under review, the export price recorded a abrupt descent. The growth pace was the most rapid in 2019 an increase of 49%. The export price peaked at $242,684 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($130,361 per ton), while the average price for exports to India ($7,738 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 Uruguay (+5.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Bars, Rods, Profiles and Wire in Finland
In 2022, approx. 58 tons of nickel; bars, rods, profiles and wires were imported into Finland; picking up by 11% against 2021 figures. In general, imports, however, recorded a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year.
In value terms, imports of nickel; bars, rods, profiles and wires skyrocketed to $2.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +7.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.6% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.
| Import of Nickel; Bars, Rods, Profiles and Wire in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,273 | 372 | 738 | 1,312 | 1.0% |
| Sweden | 232 | 214 | 131 | 387 | 18.6% |
| Switzerland | 24.4 | 415 | 386 | 257 | 119.2% |
| United Kingdom | 138 | 123 | 191 | 200 | 13.2% |
| Brazil | 103 | 28.7 | 208 | 151 | 13.6% |
| Italy | 81.2 | 30.7 | 86.6 | 74.3 | -2.9% |
| Czech Republic | N/A | 39.8 | 76.2 | 66.2 | 29.0% |
| Netherlands | 108 | 22.1 | 4.0 | 13.9 | -49.5% |
| Others | 153 | 165 | 90.4 | 128 | -5.8% |
| Total | 2,114 | 1,410 | 1,911 | 2,589 | 7.0% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Finland in 2022:
- Germany (32.9 tons)
- Sweden (6.7 tons)
- Brazil (5.1 tons)
- Switzerland (5.0 tons)
- United Kingdom (2.4 tons)
- Italy (1.8 tons)
- Czech Republic (1.5 tons)
- Netherlands (0.2 tons)
Exports of Nickel; Bars, Rods, Profiles and Wire in Finland
In 2022, overseas shipments of nickel; bars, rods, profiles and wires decreased by -0.9% to 1.3 tons, falling for the second year in a row after two years of growth. Overall, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 118%. As a result, the exports reached the peak of 1.5 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of nickel; bars, rods, profiles and wires contracted rapidly to $65K in 2022. Over the period under review, exports saw a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 40% against the previous year. As a result, the exports attained the peak of $100K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Nickel; Bars, Rods, Profiles and Wire in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 34.1 | 59.3 | 80.2 | 35.3 | 1.2% |
| Uruguay | 1.7 | 5.9 | 1.5 | 16.1 | 111.6% |
| United Kingdom | 1.2 | 0.7 | 0.4 | 4.7 | 57.6% |
| India | N/A | N/A | N/A | 1.2 | 0% |
| Russia | 33.9 | 0.7 | N/A | N/A | -97.9% |
| Switzerland | N/A | 28.0 | N/A | N/A | 0% |
| Others | 0.8 | 5.9 | 1.2 | 7.4 | 109.9% |
| Total | 71.7 | 100 | 83.3 | 64.7 | -3.4% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Finland in 2022:
- Sweden (602.0 kg)
- Uruguay (478.0 kg)
- India (149.0 kg)
- United Kingdom (36.0 kg)
- Russia (1.0 kg)
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