Price for Nickel; Wire, of Nickel Alloys in Norway - 2023
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Norway (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Norway (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Norway
- Exports of Nickel; Wire, of Nickel Alloys in Norway
Price for Nickel; Wire, of Nickel Alloys in Norway (CIF) - 2022
The average import price for nickel; wire, of nickel alloyses stood at $39,583 per ton in 2022, increasing by 2.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. The import price peaked at $41,581 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($54,879 per ton), while the price for Denmark ($20,102 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, of Nickel Alloys in Norway (FOB) - 2022
In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $29,208 per ton, waning by -2.9% against the previous year. Overall, the export price recorded a slight decrease. The pace of growth was the most pronounced in 2013 an increase of 33%. As a result, the export price reached the peak level of $43,495 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($84,001 per ton), while the average price for exports to Austria ($3,270 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 Finland (+8.9%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, of Nickel Alloys in Norway
In 2022, approx. 53 tons of nickel; wire, of nickel alloyses were imported into Norway; with an increase of 4.4% on 2021. In general, imports, however, showed a relatively flat trend pattern.
In value terms, nickel; wire, of nickel alloys imports stood at $2.1M in 2022. Overall, imports, however, showed a slight slump.
| Import of Nickel; Wire, of Nickel Alloys in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,069 | 1,073 | 592 | 898 | -5.6% |
| United States | 32.9 | 100 | 348 | 346 | 119.1% |
| United Kingdom | 689 | 260 | 82.1 | 340 | -21.0% |
| Sweden | 339 | 590 | 26.5 | 313 | -2.6% |
| Netherlands | 27.0 | 23.9 | 18.0 | 101 | 55.2% |
| Denmark | 0.5 | 14.9 | 28.9 | 28.8 | 286.2% |
| France | 37.9 | 74.3 | 49.1 | 24.7 | -13.3% |
| Others | 45.8 | 109 | 839 | 63.4 | 11.4% |
| Total | 2,241 | 2,246 | 1,983 | 2,115 | -1.9% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Norway in 2022:
- Germany (25.6 tons)
- United States (8.8 tons)
- United Kingdom (6.3 tons)
- Sweden (6.2 tons)
- Netherlands (3.2 tons)
- Denmark (1.4 tons)
- France (0.5 tons)
Exports of Nickel; Wire, of Nickel Alloys in Norway
In 2022, approx. 509 kg of nickel; wire, of nickel alloyses were exported from Norway; with a decrease of -35.7% against the year before. Over the period under review, exports recorded a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 260% against the previous year.
In value terms, nickel; wire, of nickel alloys exports reduced dramatically to $15K in 2022. Overall, exports faced a significant decline. The growth pace was the most rapid in 2021 when exports increased by 298%.
| Export of Nickel; Wire, of Nickel Alloys in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 37.4 | 2.5 | 9.1 | 6.1 | -45.4% |
| China | 18.5 | 1.2 | 4.5 | 3.0 | -45.5% |
| Netherlands | 14.1 | 0.8 | 2.5 | 1.4 | -53.7% |
| India | 8.9 | 0.6 | 2.2 | 1.4 | -46.0% |
| Sweden | 0.8 | N/A | 2.2 | 1.3 | 17.6% |
| Saudi Arabia | 2.6 | 0.2 | 1.0 | 0.5 | -42.3% |
| Germany | 2.0 | 0.1 | 0.3 | 0.2 | -53.6% |
| Poland | 1.3 | 0.1 | 0.2 | 0.1 | -57.5% |
| Malaysia | 1.1 | 0.1 | 0.1 | 0.1 | -55.0% |
| Austria | 0.4 | N/A | 0.1 | N/A | -50.0% |
| Others | 8.5 | 0.4 | 1.5 | 0.7 | -56.5% |
| Total | 95.6 | 6.0 | 23.8 | 14.9 | -46.2% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Norway in 2022:
- China (130.0 kg)
- Netherlands (109.0 kg)
- Sweden (103.0 kg)
- Finland (73.0 kg)
- Saudi Arabia (28.0 kg)
- Germany (15.0 kg)
- Austria (13.0 kg)
- India (11.0 kg)
- Malaysia (10.0 kg)
- Poland (9.0 kg)
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