Switzerland: Nickel Powder Market 2025

Nickel Powder Market Size in Switzerland

The Swiss nickel powder market soared to $X in 2021, surging by 25% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a relatively flat trend pattern. Nickel powder consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Nickel Powder Exports

Exports from Switzerland

After two years of growth, shipments abroad of nickel powders and flakes decreased by -79.7% to X kg in 2021. Overall, exports, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2016 when exports increased by 391%. The exports peaked at X tons in 2020, and then dropped notably in the following year.

In value terms, nickel powder exports fell significantly to $X in 2021. In general, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2013 with an increase of 607%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

China (X kg) was the main destination for nickel powder exports from Switzerland, accounting for a 55% share of total exports. Moreover, nickel powder exports to China exceeded the volume sent to the second major destination, Italy (X kg), threefold. The United States (X kg) ranked third in terms of total exports with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to China totaled +26.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.6% per year) and the United States (+16.4% per year).

In value terms, the largest markets for nickel powder exported from Switzerland were Poland ($X), Italy ($X) and China ($X), together accounting for 70% of total exports.

Among the main countries of destination, Italy, with a CAGR of +112.1%, recorded the highest growth rate of 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 average nickel powder export price stood at $X per ton in 2021, waning by -21.2% against the previous year. Over the period under review, the export price, however, continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2013 an increase of 132% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+29.0%), while the prices for the other major destinations experienced more modest paces of growth.

Nickel Powder Imports

Imports into Switzerland

Nickel powder imports into Switzerland rose markedly to X tons in 2021, picking up by 8.4% on the previous year. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 41%. Over the period under review, imports attained the peak figure at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, nickel powder imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when imports increased by 33% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), China (X tons) and the United States (X tons) were the main suppliers of nickel powder imports to Switzerland, with a combined 93% share of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +182.9%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest nickel powder suppliers to Switzerland were Germany ($X), the United States ($X) and China ($X), together comprising 93% of total imports.

China, with a CAGR of +172.8%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average nickel powder import price amounted to $X per ton, growing by 15% against the previous year. Over the last nine years, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 32%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+12.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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