Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine - 2023

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $53,791 per ton, shrinking by -11.9% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 44% against the previous year. The import price peaked at $66,984 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($65,159 per ton), while the price for Italy ($19,363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (FOB) - 2022

The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $30,821 per ton in 2022, approximately mirroring the previous year. In general, the export price saw a noticeable downturn. The pace of growth was the most pronounced in 2019 an increase of 46%. Over the period under review, the average export prices hit record highs at $46,387 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($146,221 per ton), while the average price for exports to Moldova ($1,376 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+3.6%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine

In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Ukraine reduced remarkably to 182 tons, with a decrease of -46.2% on 2021. In general, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. As a result, imports attained the peak of 338 tons, and then declined sharply in the following year.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses fell remarkably to $9.8M in 2022. Overall, imports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of $21M, and then dropped markedly in the following year.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A0.24.42100.0%
Russia7.712.319.43.9-20.3%
United Kingdom0.80.50.51.07.7%
Italy0.60.20.10.2-30.7%
AustriaN/AN/AN/A0.20%
Hungary3.20.1N/AN/A-96.9%
Germany0.4N/A0.1N/A-50.0%
OthersN/A0.90.3N/A-66.7%
Total12.714.120.69.8-8.3%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Ukraine in 2022:

  1. China (67.7 tons)
  2. Russia (62.3 tons)
  3. United Kingdom (32.3 tons)
  4. Austria (9.0 tons)
  5. Italy (8.4 tons)
  6. Germany (0.2 tons)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine

In 2022, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by -60.2% to 18 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a precipitous setback. The pace of growth appeared the most rapid in 2020 when exports increased by 8.8%. As a result, the exports attained the peak of 52 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses shrank notably to $557K in 2022. In general, exports continue to indicate a sharp shrinkage. The smallest decline of -2.5% was in 2021.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1,5471,4161,383301-42.1%
HungaryN/AN/AN/A1830%
Bulgaria10.815.813.272.288.4%
MoldovaN/AN/AN/A1.40%
Others0.65.05.0N/A188.7%
Total1,5581,4371,401557-29.0%

Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Ukraine in 2022:

  1. Russia (11.1 tons)
  2. Hungary (5.5 tons)
  3. Moldova (1.0 tons)
  4. Bulgaria (0.5 tons)

Source: IndexBox Market Intelligence Platform

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