Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg - 2023

Contents:

1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg (CIF) - 2022
2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg (FOB) - 2022
3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg
4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $8,504 per ton in 2022, which is down by -63.7% against the previous year. In general, the import price showed a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 231% against the previous year. As a result, import price reached the peak level of $190,773 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +7.8% per year.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $53,000 per ton, surging by 91% against the previous year. In general, the export price, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 an increase of 97% against the previous year. Over the period under review, the average export prices attained the maximum at $189,000 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for France.

From 2012 to 2022, the rate of growth in terms of prices for Belgium amounted to +13.4% per year.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into Luxembourg surged to 282 kg, picking up by 194% on 2021 figures. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 597%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds totaled $2.4K in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of $2.5K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Luxembourg in 2022:

1. Germany (282.0 kg)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Luxembourg

In 2022, approx. 1 kg of nickel; bars, rods and profiles, not alloyeds were exported from Luxembourg; with a decrease of -99.9% against the year before. In general, exports showed a precipitous decline. The pace of growth appeared the most rapid in 2021 with an increase of 142% against the previous year. As a result, the exports reached the peak of 1.3 tons, and then dropped notably in the following year.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds declined notably to $53 in 2022. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 37%. As a result, the exports attained the peak of $37K, and then contracted markedly in the following year.

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Luxembourg in 2022:

1. France (1.0 kg)

Source: IndexBox Market Intelligence Platform