Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway - 2024

Contents:

1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway (CIF) - 2022
2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway (FOB) - 2022
3. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway
4. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $21,557 per ton in 2022, growing by 31% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2017 when the average import price increased by 47% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($23,115 per ton), while the price for Indonesia ($15,219 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+5.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway (FOB) - 2022

The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $11,327 per ton in 2022, flattening at the previous year. Over the period under review, the export price faced a abrupt setback. The growth pace was the most rapid in 2019 when the average export price increased by 344%. As a result, the export price attained the peak level of $231,143 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($147,027 per ton), while the average price for exports to Canada amounted to $10,010 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+13.7%).

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway

In 2022, purchases abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -2.6% to 148K tons, falling for the second year in a row after two years of growth. In general, imports saw a mild descent. The pace of growth appeared the most rapid in 2020 when imports increased by 2.8%. As a result, imports reached the peak of 159K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies soared to $3.2B in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +23.1% 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 +86.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Norway in 2022:

1. Canada (116.8K tons)
2. Finland (16.0K tons)
3. Australia (6.9K tons)
4. Indonesia (5.7K tons)

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Norway

For the third year in a row, Norway recorded decline in shipments abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies, which decreased by 0% to 99 tons in 2022. In general, exports recorded significant growth. The smallest decline of -85.7% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $1.1M in 2022. Over the period under review, exports enjoyed a significant expansion. The smallest decline of -93.6% was in 2020. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Norway in 2022:

1. Canada (98.2 tons)

Source: IndexBox Market Intelligence Platform