Germany: Nickel Matte Market 2024

Nickel Matte Market Size in Germany

The German nickel matte market reduced to $X in 2022, which is down by X% against the previous year. In general, consumption saw a abrupt downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Nickel Matte Production in Germany

In value terms, nickel matte production amounted to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Nickel Matte Exports

Exports from Germany

For the fifth year in a row, Germany recorded growth in overseas shipments of nickel mattes, which increased by X% to X tons in 2022. Overall, exports posted moderate growth. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, nickel matte exports reduced to $X in 2022. Over the period under review, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then contracted slightly in the following year.

Exports by Country

Canada (X tons) was the main destination for nickel matte exports from Germany, accounting for a X% share of total exports. It was followed by China (X tons), with less than X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Canada stood at X%.

In value terms, Canada ($X) remains the key foreign market for nickel mattes exports from Germany, comprising X% of total exports. The second position in the ranking was held by China ($X), with less than X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%.

Export Prices by Country

The average nickel matte export price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, export price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel matte export price increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then shrank modestly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to China stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Nickel Matte Imports

Imports into Germany

In 2022, approx. X tons of nickel mattes were imported into Germany; growing by X% on the previous year's figure. In general, imports, however, recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at X tons in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, nickel matte imports soared to $X in 2022. Overall, imports, however, recorded a pronounced setback. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

The UK (X tons), China (X tons) and Switzerland (X tons) were the main suppliers of nickel matte imports to Germany, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Switzerland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, China ($X) constituted the largest supplier of nickel mattes to Germany, comprising X% of total imports. The second position in the ranking was taken by Switzerland ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Switzerland (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average nickel matte import price amounted to $X per ton, falling by X% against the previous year. In general, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, and then contracted markedly 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 China ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform