Price for Nickel; Wire, Not Alloyed in Finland - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Finland (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Finland (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Finland
- Exports of Nickel; Wire, Not Alloyed in Finland
Price for Nickel; Wire, Not Alloyed in Finland (CIF) - 2022
In 2022, the average nickel; wire, not alloyed import price amounted to $262,534 per ton, declining by -72.7% against the previous year. In general, the import price, however, continues to indicate pronounced growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 377% against the previous year. As a result, import price attained the peak level of $961,800 per ton, and then contracted significantly in the following year.
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 UK ($3,373,964 per ton), while the price for Switzerland ($32,036 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+34.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Finland (FOB) - 2022
The average nickel; wire, not alloyed export price stood at $275 per ton in 2022, with a decrease of -86.3% against the previous year. Overall, the export price showed a sharp descent. The pace of growth appeared the most rapid in 2019 a decrease of -37.7% against the previous year. The export price peaked at $173,808 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($372 per ton), while the average price for exports to the Netherlands stood at $16 per ton.
From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (-33.8%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Wire, Not Alloyed in Finland
In 2022, after two years of decline, there was significant growth in supplies from abroad of nickel; wire, not alloyeds, when their volume increased by 702% to 441 kg. Over the period under review, imports, however, recorded a abrupt curtailment.
In value terms, nickel; wire, not alloyed imports skyrocketed to $116K in 2022. Overall, imports posted strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Wire, Not Alloyed in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 11.3 | 14.7 | 39.1 | 93.9 | 102.5% |
| Switzerland | 14.4 | N/A | N/A | 13.1 | -3.1% |
| Germany | 21.7 | 2.8 | 2.6 | 3.9 | -43.6% |
| Sweden | 41.5 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 5.6 | 1.9 | N/A | -66.1% |
| Others | 5.4 | 4.1 | 9.4 | 4.9 | -3.2% |
| Total | 94.2 | 27.2 | 52.9 | 116 | 7.2% |
Top Suppliers of Nickel; Wire, Not Alloyed to Finland in 2022:
- Switzerland (409.0 kg)
- United Kingdom (28.0 kg)
- Germany (1.0 kg)
Exports of Nickel; Wire, Not Alloyed in Finland
In 2022, approx. 4 kg of nickel; wire, not alloyeds were exported from Finland; with an increase of 300% on the year before. In general, exports, however, recorded a sharp descent.
In value terms, nickel; wire, not alloyed exports contracted significantly to $1 in 2022. Over the period under review, exports, however, recorded a precipitous decline.
| Export of Nickel; Wire, Not Alloyed in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 343 | N/A | N/A | 1.0 | -85.7% |
| China | 73.0 | N/A | N/A | N/A | 0% |
| Sweden | N/A | N/A | 2.0 | N/A | 0% |
| Lithuania | 141 | N/A | N/A | N/A | 0% |
| Netherlands | 2.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 559 | N/A | 2.0 | 1.0 | -87.9% |
Top Export Markets for Nickel; Wire, Not Alloyed from Finland in 2022:
- United Kingdom (3.0 kg)
- Netherlands (1.0 kg)
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