Netherlands: Nickel Market 2025

Nickel Market Size in the Netherlands

The Dutch nickel market soared to $X in 2022, picking up by 68% against the previous year. In general, consumption continues to indicate a strong increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nickel Production in the Netherlands

In value terms, nickel production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a slight downturn. The pace of growth appeared the most rapid in 2019 when the production volume increased by 99%. Nickel production peaked at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Nickel Exports

Exports from the Netherlands

In 2022, shipments abroad of nickel (unwrought) decreased by -67.8% to X tons for the first time since 2017, thus ending a four-year rising trend. Overall, exports recorded a pronounced downturn. The pace of growth appeared the most rapid in 2020 with an increase of 115% against the previous year. The exports peaked at X tons in 2021, and then fell remarkably in the following year.

In value terms, nickel exports shrank dramatically to $X in 2022. In general, exports, however, saw slight growth. The pace of growth was the most pronounced in 2020 with an increase of 115% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then declined dramatically in the following year.

Exports by Country

Germany (X tons), Belgium (X tons) and Italy (X tons) were the main destinations of nickel exports from the Netherlands, together comprising 65% of total exports. Austria, France, Spain, the United States, Sweden, the UK, Brazil, Finland and the Czech Republic lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for Brazil (with a CAGR of +35.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Belgium ($X) and Italy ($X) appeared to be the largest markets for nickel exported from the Netherlands worldwide, with a combined 66% share of total exports. Austria, France, Sweden, Spain, the United States, the UK, Brazil, Finland and the Czech Republic lagged somewhat behind, together comprising a further 27%.

Brazil, with a CAGR of +42.1%, saw the highest rates of growth with regard to 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

The average nickel export price stood at $X per ton in 2022, jumping by 37% against the previous year. In general, the export price showed moderate growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Sweden ($X per ton) and Italy ($X per ton), while the average price for exports to the Czech Republic ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.

Nickel Imports

Imports into the Netherlands

In 2022, after two years of growth, there was significant decline in overseas purchases of nickel (unwrought), when their volume decreased by -53% to X tons. Overall, imports, however, recorded prominent growth. The growth pace was the most rapid in 2018 with an increase of 309% against the previous year. Imports peaked at X tons in 2021, and then reduced notably in the following year.

In value terms, nickel imports declined significantly to $X in 2022. In general, imports, however, posted a resilient increase. The growth pace was the most rapid in 2018 with an increase of 411%. Imports peaked at $X in 2021, and then declined dramatically in the following year.

Imports by Country

Australia (X tons), Russia (X tons) and Norway (X tons) were the main suppliers of nickel imports to the Netherlands, together comprising 74% of total imports. Canada, South Africa and Madagascar lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +70.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest nickel suppliers to the Netherlands were Australia ($X), Russia ($X) and Norway ($X), together accounting for 74% of total imports. Canada, South Africa and Madagascar lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Canada, with a CAGR of +84.2%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average nickel import price amounted to $X per ton, growing by 41% against the previous year. In general, the import price enjoyed temperate growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Australia ($X per ton) and Canada ($X per ton), while the price for Madagascar ($X per ton) and Norway ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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