In March 2025, the average nickel export price amounted to $22,017 per ton, increasing by 7% against the previous month.

Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on December of 2025.

The average nickel powder export price stood at $20,788 per ton in March 2025, approximately reflecting the previous month.

After starting the period with a peak of just above *********** British pounds, the value of nickel ore and concentrate exported worldwide by the United Kingdom dramatically decreased in the following years. As of 2023, the export value of these products amounted to ****** British pounds.

In 2024, the UK nickel market decreased by -31.9% to $254M, falling for the second consecutive year after two years of growth. Overall, consumption recorded a pronounced downturn. Nickel consumption peaked at $512M in 2019; however, from 2020 to 2024, consumption remained at a lower figure.

In 2024, the value generated from the import of nickel mattes, nickel oxide sinters, and intermediate products of nickel in the United Kingdom increased by **** million British Pounds (+**** percent) compared to 2023. In total, the value amounted to ***** million British Pounds in 2024.

In recent years, nickel prices have hit some of their all-time highest numbers, at an average of almost 26,000 U.S. dollars per metric ton throughout 2022. This was driven by a large spike in prices at the end of that year, where they peaked at 31,275 U.S. dollars per ton in mid-November. The recent surge in nickel prices has been driven by several factors, including disruptions to Russia's (the world's third-largest nickel producer) export industry following its invasion of Ukraine. Additionally, demand for nickel has grown alongside the growth of lithium-ion battery production, driven by the growth of the electronic car market. However, these recent peaks are still well below the all-time annual high of more than 37,000 U.S. dollars in 2007, where low international supply coupled with high demand from China's stainless-steel manufacturing industries caused prices to soar.

Analysis of the UK unwrought nickel market showing a 31.7% consumption decline in 2024 but forecasting modest growth with 1.0% volume CAGR and 1.3% value CAGR through 2035, driven by rising demand.

Indonesia Export: Value: Nickel: United Kingdom data was reported at 0.004 USD mn in Apr 2019. This records an increase from the previous number of 0.003 USD mn for Sep 2018. Indonesia Export: Value: Nickel: United Kingdom data is updated monthly, averaging 0.010 USD mn from Feb 2012 (Median) to Apr 2019, with 34 observations. The data reached an all-time high of 0.422 USD mn in Mar 2012 and a record low of 0.000 USD mn in Nov 2012. Indonesia Export: Value: Nickel: United Kingdom data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAE023: Export: Commodities by Country: Nickel.

After three years of growth, overseas shipments of nickel ores and concentrates decreased by -54.9% to 36 tons in 2023.

Nickel Bars, Rods, Profiles and Wire Market Size Value in the UK, 2023 Discover more data with ReportLinker!

Index Time Series for WisdomTree Nickel 2x Daily Leveraged. The frequency of the observation is daily. Moving average series are also typically included. NA

This statistic shows the sales value of nickel and nickel alloy tubes, pipes and tube or pipe fittings based on PRODCOM** estimates in the United Kingdom (UK) from 2008 to 2018, in thousand British pounds. It shows that the sales value in 2008 was approximately **** million British pounds and increased over the years to a peak value of **** million British pounds in 2016. In 2018, figures amounted to **** million British pounds.

United Kingdom (UK) Nickel Nitrate Market is expected to grow during 2025-2031

For the fourth consecutive year, the UK recorded growth in purchases abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators, which increased by 23% to 169M units in 2023.

The value generated from the export of unwrought nickel in the United Kingdom decreased by **** million British Pounds (-*** percent) in 2024 in comparison to the previous year. Nevertheless, the last two years in this industry recorded a significantly higher value than the preceding years.

This statistic illustrates the annual import value of nickel products in the United Kingdom (UK) between 2009 and 2014, in thousand British pounds. In 2012, **** million British pounds worth of scrap nickel was imported to the United Kingdom.

LME Index rose to 4,700 Index Points on October 29, 2025, up 0.79% from the previous day. Over the past month, LME Index's price has risen 7.33%, and is up 13.22% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. LME Index - values, historical data, forecasts and news - updated on December of 2025.

The article discusses the increasing demand for various types of accumulators in the UK, including nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer, and nickel-iron. It projects a positive outlook for the market with expected growth in both volume and value terms over the next decade.

Indonesia Import: Value: United Kingdom: HS75: Nickel and articles thereof data was reported at 93.485 USD th in Jun 2019. This records an increase from the previous number of 21.292 USD th for May 2019. Indonesia Import: Value: United Kingdom: HS75: Nickel and articles thereof data is updated monthly, averaging 38.407 USD th from Jan 2012 (Median) to Jun 2019, with 83 observations. The data reached an all-time high of 594.497 USD th in Jan 2015 and a record low of 0.089 USD th in Mar 2016. Indonesia Import: Value: United Kingdom: HS75: Nickel and articles thereof data remains active status in CEIC and is reported by Central Bureau of Statistics. The data is categorized under Indonesia Premium Database’s Foreign Trade – Table ID.JAD044: Import: by HS Classification: United Kingdom.