Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus (CIF) - 2022
  2. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $2,659 per ton, which is down by -49.5% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The most prominent rate of growth was recorded in 2019 an increase of 51%. As a result, import price attained the peak level of $5,919 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -1.8% per year.

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus

For the fourth consecutive year, Belarus recorded growth in purchases abroad of nickel; bars, rods and profiles, not alloyeds, which increased by 230% to 16 tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $42K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 134% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia6.918.025.242.082.6%
Others0.8N/AN/AN/A0%
Total7.718.025.242.076.0%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Belarus in 2022:

  1. Russia (15.8 tons)

Source: IndexBox Market Intelligence Platform

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