Sweden: Nickel Matte Market 2025

Nickel Matte Market Size in Sweden

The Swedish nickel matte market expanded remarkably to $X in 2022, picking up by X% against the previous year. In general, consumption, however, faced a deep reduction. As a result, consumption attained the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Nickel Matte Production in Sweden

In value terms, nickel matte production dropped remarkably to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Nickel Matte Exports

Exports from Sweden

In 2022, approx. X tons of nickel mattes were exported from Sweden; falling by X% against the year before. Overall, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, nickel matte exports dropped significantly to $X in 2022. Over the period under review, exports, however, recorded a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted remarkably in the following year.

Exports by Country

Norway (X kg), Switzerland (X kg) and the UK (X kg) were the main destinations of nickel matte exports from Sweden.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Switzerland (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, Norway ($X), Switzerland ($X) and the UK ($X) were the largest markets for nickel matte exported from Sweden worldwide.

Among the main countries of destination, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average nickel matte export price stood at $X per ton in 2022, rising by X% against the previous year. Overall, the export price continues to indicate strong growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

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

Nickel Matte Imports

Imports into Sweden

After three years of growth, supplies from abroad of nickel mattes decreased by X% to X kg in 2022. In general, imports continue to indicate a dramatic curtailment. 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 tons in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, nickel matte imports contracted notably to $X in 2022. Over the period under review, imports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, the United States (X kg) constituted the largest supplier of nickel matte to Sweden, with a X% share of total imports. Moreover, nickel matte imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), eightfold.

From 2013 to 2022, the average annual growth rate of volume from the United States stood at X%.

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

From 2013 to 2022, the average annual rate of growth in terms of value from the United States amounted to X%.

Import Prices by Country

In 2022, the average nickel matte import price amounted to $X per ton, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 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. From 2015 to 2022, the average import prices failed to regain momentum.

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 United States amounted to $X per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (X%).

Source: IndexBox Platform