Nickel chloride market in Germany

Earlier Report Observations

The nickel chloride market in Germany showed steady expansion in physical terms from 2019 to 2021, with volume rising from 21 324 t to 24 089 t. In value, the market increased from $1.8 million to $2.8 million over the same period, reflecting a notable rise in the overall market size.

Beginning in 2022, market volume began to contract, declining to 20 085 t by 2024, while the market's value continued its ascent, reaching $3.1 million. This dynamic was primarily shaped by the implementation of stricter EU REACH chemical safety regulations, which elevated production costs and compliance burdens. Concurrently, export restrictions on nickel raw materials in major supplier nations like Indonesia and the Philippines constrained the supply of inputs, tightening availability and contributing to higher prices for nickel chloride in Germany.

Production nickel chloride in Germany

In value, 2017-2020, K $ US

In 2020, Germany's nickel chloride output was valued at 4 478 K $ US, marking a modest decline of 5.1% compared to 2019.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

In kind, 2017-2020, t

In 2020, Germany produced 22 285 t of nickel chloride, representing a slight year-over-year increase of 1.8%.

Annual dynamics of production in Germany in kind, 2017-2020, t

Exports nickel chloride from Germany

Exports in kind, t

Nickel chloride exports from Germany increased for the second consecutive year. In 2020, exports reached 962.5 t, up 2.1% from the previous year. The lowest level was recorded in 2018 at 920.7 t, with the largest decline of 4.8% occurring that year. The largest increase of 2.4% was observed in 2019.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

From 2017 to 2020, Germany's nickel chloride exports in kind were not concentrated on a few key destinations. Mexico accounted for 18.2% of exports, Czechia for 9.8%, and France for 7.8%, together making up only 35.8% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Germany in kind, 2017-2020

Exports in value, K $ US

Nickel chloride exports from Germany declined for the second consecutive year. In 2020, exports amounted to 4 538 K $ US, remaining relatively stable compared to 2019. Over the 2017-2020 period, exports grew by 25.7%, with a compound annual growth rate of 7.9%. The peak was in 2018 at 4 693 K $ US, which saw the largest increase of 30.0%. The largest decline of 3.2% occurred in 2019.

Annual dynamics of product's exports from Germany in value, 2017-2020, K $ US

Between 2017 and 2020, Germany's nickel chloride exports in value terms were distributed across many markets. Even the top destinations—Mexico, France, and the United States—together represented only 36.1% of total exports.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Germany in value, 2017-2020

Imports nickel chloride to Germany

Imports in kind, t

In 2020, Germany's nickel chloride imports totaled 407.5 t, a 5.5% increase from 2019. Over the 2017-2020 period, imports fell by 22.5%, with a compound annual growth rate of -8.1%. The lowest level was in 2019 at 386.3 t, which saw the largest decline of 30.0%. The peak was in 2018 at 551.6 t.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

From 2017 to 2020, France and Belgium accounted for 81.3% of Germany's nickel chloride imports in kind, with the rest distributed among other destinations in smaller shares.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Germany in kind, 2017-2020

Imports in value, K $ US

In 2020, Germany's nickel chloride imports reached 1 749 K $ US, up 10.7% from 2019. Between 2017 and 2020, imports decreased by 13.5%, equating to an annualized rate of -4.7%. The lowest value was in 2019 at 1 580 K $ US, which saw the largest decline of 27.6%. The peak was in 2018 at 2 182 K $ US.

Annual dynamics of product's imports to Germany in value, 2017-2020, K $ US

Throughout 2017-2020, France, Belgium, and Spain were the main sources for Germany's nickel chloride imports in value terms, accounting for 57.3%, 16.6%, and 6.6% respectively, and together making up 80.5% of total flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Germany in value, 2017-2020