Price for Nickel Oxides and Hydroxides in Estonia - 2023

Contents:

1. Price for Nickel Oxides and Hydroxides in Estonia (CIF) - 2022
2. Price for Nickel Oxides and Hydroxides in Estonia (FOB) - 2022
3. Imports of Nickel Oxides and Hydroxides in Estonia
4. Exports of Nickel Oxides and Hydroxides in Estonia

Price for Nickel Oxides and Hydroxides in Estonia (CIF) - 2022

The average nickel oxides and hydroxides import price stood at $68,853 per ton in 2022, with a decrease of -14.8% against the previous year. Overall, the import price recorded a dramatic decrease. The growth pace was the most rapid in 2014 an increase of 307%. The import price peaked at $827,667 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($76,381 per ton), while the price for Germany ($63,585 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel Oxides and Hydroxides in Estonia (FOB) - 2022

In 2022, the average nickel oxides and hydroxides export price amounted to $9,622 per ton, approximately mirroring the previous year. Over the period under review, the export price faced a deep slump. The pace of growth was the most pronounced in 2020 when the average export price decreased by 99.9%. The export price peaked at $15,481 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Imports of Nickel Oxides and Hydroxides in Estonia

In 2022, approx. 4 tons of nickel oxides and hydroxideses were imported into Estonia; picking up by 295% against the year before. In general, imports, however, showed a slight reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 2,344%.

In value terms, nickel oxides and hydroxides imports surged to $272K in 2022. Over the period under review, imports showed a slight expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,950% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Nickel Oxides and Hydroxides to Estonia in 2022:

1. Japan (2095.0 kg)
2. Germany (1500.0 kg)
3. United Kingdom (360.0 kg)

Exports of Nickel Oxides and Hydroxides in Estonia

In 2022, after two years of decline, there was decline in overseas shipments of nickel oxides and hydroxideses, when their volume decreased by 0% to 5 tons. Over the period under review, exports saw a precipitous contraction. The smallest decline of 99.9% was in 2020.

In value terms, nickel oxides and hydroxides exports amounted to $48K in 2022. Overall, exports saw a significant curtailment. The smallest decline of 99.9% was in 2020.

Top Export Markets for Nickel Oxides and Hydroxides from Estonia in 2022:

1. Russia (5.0 tons)

Source: IndexBox Market Intelligence Platform