Nickel; Unwrought, Alloys Price in Switzerland - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Switzerland (CIF) - 2023
- Nickel; Unwrought, Alloys Price in Switzerland (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Switzerland
- Nickel; Unwrought, Alloys Exports in Switzerland
Nickel; Unwrought, Alloys Price in Switzerland (CIF) - 2023
The average nickel; unwrought, alloys import price stood at $35,791 per ton in August 2023, growing by 22% against the previous month. In general, import price indicated a moderate increase from August 2022 to August 2023: its price increased at an average monthly rate of +4.2% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, nickel; unwrought, alloys import price decreased by -11.4% against June 2023 indices. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 42% m-o-m. As a result, import price reached the peak level of $40,391 per ton. From July 2023 to August 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the United States ($37,470 per ton) and the UK ($33,720 per ton), while the price for Belgium ($25,497 per ton) and Japan ($30,368 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the United States (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in Switzerland (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $54,779 per ton, rising by 17% against the previous year. Overall, the export price recorded buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 146% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($139,438 per ton), while the average price for exports to Spain ($30,192 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 Singapore (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel; Unwrought, Alloys Imports in Switzerland
Nickel; unwrought, alloys imports into Switzerland soared to 784 tons in 2022, growing by 34% on 2021 figures. Over the period under review, imports, however, saw a slight downturn.
In value terms, nickel; unwrought, alloys imports skyrocketed to $22M in 2022. In general, total imports indicated notable growth from 2019 to 2022: its value increased at an average annual rate of +3.8% 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 +88.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Alloys in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.0 | 10.6 | 11.1 | 16.4 | -1.2% |
| Japan | 2.0 | 0.8 | 1.6 | 4.1 | 27.0% |
| United Kingdom | 0.2 | 0.2 | 0.5 | 0.9 | 65.1% |
| Belgium | 0.3 | 0.2 | 0.8 | 0.8 | 38.7% |
| Others | 0.6 | 0.1 | 0.1 | 0.3 | -20.6% |
| Total | 20.1 | 11.9 | 14.2 | 22.4 | 3.7% |
Top Suppliers of Nickel; Unwrought, Alloys to Switzerland in 2022:
- United States (538.9 tons)
- Japan (184.9 tons)
- Belgium (34.0 tons)
- United Kingdom (17.9 tons)
Nickel; Unwrought, Alloys Exports in Switzerland
In 2022, the amount of nickel; unwrought, alloyses exported from Switzerland skyrocketed to 1.9 tons, increasing by 42% on the previous year. Overall, exports, however, faced a sharp downturn. The pace of growth was the most pronounced in 2020 with an increase of 69%. As a result, the exports attained the peak of 43 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, nickel; unwrought, alloys exports surged to $103K in 2022. In general, exports, however, continue to indicate a sharp decline.
| Export of Nickel; Unwrought, Alloys in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | N/A | N/A | N/A | 31.1 | 0% |
| Spain | 28.1 | 15.2 | 0.8 | 21.0 | -9.3% |
| Tajikistan | N/A | N/A | N/A | 18.3 | 0% |
| Hungary | 7.3 | 2.6 | 19.1 | 12.1 | 18.3% |
| Singapore | 3.6 | 7.2 | 3.4 | 10.2 | 41.5% |
| France | 347 | 38.4 | 5.5 | 4.9 | -75.8% |
| Germany | 41.5 | 1.1 | 25.0 | 3.3 | -57.0% |
| United Kingdom | 8.1 | 250 | 0.4 | 1.3 | -45.7% |
| Czech Republic | 61.2 | N/A | N/A | N/A | 0% |
| Others | 168 | 501 | 7.9 | 0.7 | -83.9% |
| Total | 665 | 816 | 62.1 | 103 | -46.3% |
Top Export Markets for Nickel; Unwrought, Alloys from Switzerland in 2022:
- Spain (697.0 kg)
- Hungary (373.0 kg)
- Denmark (284.0 kg)
- Tajikistan (220.0 kg)
- France (120.0 kg)
- Singapore (73.0 kg)
- Germany (51.0 kg)
- United Kingdom (42.0 kg)
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This report provides an in-depth analysis of the nickel market in Switzerland.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Switzerland.
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This report provides an in-depth analysis of the nickel market in Switzerland.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
808
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
993
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
68
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1178
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
808
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
993
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
