Europe: Nickel Powder Market 2025

Nickel Powder Market Size in Europe

In 2021, the Europe nickel powder market increased by 0.8% to $X, rising for the third consecutive year after two years of decline. Overall, consumption recorded a mild setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Nickel Powder Production in Europe

In value terms, nickel powder production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2018 when the production volume increased by 22%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Nickel Powder Exports

Exports in Europe

In 2021, shipments abroad of nickel powders and flakes was finally on the rise to reach X tons after two years of decline. Total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 with an increase of 48%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see gradual growth in the near future.

In value terms, nickel powder exports soared to $X in 2021. In general, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 52% against the previous year. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

The UK represented the largest exporting country with an export of around X tons, which resulted at 39% of total exports. It was distantly followed by Finland (X tons), Russia (X tons), Germany (X tons), the Netherlands (X tons) and Belgium (X tons), together making up a 54% share of total exports. France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +53.7%), while the other leaders experienced more modest paces of growth.

In value terms, the largest nickel powder supplying countries in Europe were the UK ($X), Finland ($X) and Germany ($X), together accounting for 70% of total exports.

Among the main exporting countries, Finland, with a CAGR of +51.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Europe stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+2.1%), while the other leaders experienced more modest paces of growth.

Nickel Powder Imports

Imports in Europe

In 2021, overseas purchases of nickel powders and flakes increased by 15% to X tons, rising for the second year in a row after three years of decline. Total imports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +3.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +18.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 with an increase of 71% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports failed to regain momentum.

In value terms, nickel powder imports soared to $X in 2021. Total imports indicated a perceptible expansion from 2012 to 2021: its value increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 33% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of nickel powder imports in 2021 were Sweden (X tons), Germany (X tons), the Netherlands (X tons), France (X tons) and Belgium (X tons), together recording 76% of total import. Italy (X tons), Romania (X tons), Croatia (X tons), the UK (X tons), Spain (X tons) and Austria (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by the Netherlands (with a CAGR of +22.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Sweden ($X) and the Netherlands ($X) were the countries with the highest levels of imports in 2021, together comprising 50% of total imports.

The Netherlands, with a CAGR of +17.6%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Europe stood at $X per ton in 2021, picking up by 13% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the import price increased by 20% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform