Finland: Nickel Powder Market 2025

Nickel Powder Market Size in Finland

In 2021, the Finnish nickel powder market decreased by -51.8% to $X, falling for the second year in a row after five years of growth. In general, consumption, however, enjoyed a mild increase. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Nickel Powder Production in Finland

In value terms, nickel powder production skyrocketed to $X in 2021 estimated in export price. In general, production saw a significant increase. The pace of growth was the most pronounced in 2018 with an increase of 250%. Nickel powder production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Nickel Powder Exports

Exports from Finland

Nickel powder exports from Finland soared to X tons in 2021, with an increase of 24% on the previous year. In general, exports posted significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 230% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, nickel powder exports soared to $X in 2021. Overall, exports recorded significant growth. The growth pace was the most rapid in 2018 with an increase of 237%. Over the period under review, the exports attained the peak figure in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Taiwan (Chinese) (X tons), China (X tons) and South Korea (X tons) were the main destinations of nickel powder exports from Finland, together comprising 77% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Taiwan (Chinese) (with a CAGR of +541.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for nickel powder exported from Finland were Taiwan (Chinese) ($X), China ($X) and South Korea ($X), together accounting for 74% of total exports.

Taiwan (Chinese), with a CAGR of +653.3%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average nickel powder export price amounted to $X per ton, surging by 4% against the previous year. Overall, the export price, however, recorded a mild slump. The pace of growth was the most pronounced in 2014 when the average export price increased by 53%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the highest price was recorded for prices to the United States ($X per ton) and the Netherlands ($X per ton), while the average price for exports to Spain ($X per ton) and Taiwan (Chinese) ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Nickel Powder Imports

Imports into Finland

In 2021, purchases abroad of nickel powders and flakes was finally on the rise to reach X tons after two years of decline. Overall, imports recorded a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 113%. As a result, imports reached the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, nickel powder imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2016 with an increase of 120%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest nickel powder supplier to Finland, with a 84% share of total imports. Moreover, nickel powder imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X tons), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +21.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+47.1% per year) and Belgium (-19.5% per year).

In value terms, Germany ($X) constituted the largest supplier of nickel powders and flakes to Finland, comprising 89% of total imports. The second position in the ranking was held by the United States ($X), with an 8.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+34.4% per year) and Belgium (-20.1% per year).

Import Prices by Country

In 2021, the average nickel powder import price amounted to $X per ton, surging by 9.5% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 37%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+0.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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