Price for Nickel; Plates, Sheets, Strip and Foil in Latvia - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Latvia (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil in Latvia (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in Latvia
- Exports of Nickel; Plates, Sheets, Strip and Foil in Latvia
Price for Nickel; Plates, Sheets, Strip and Foil in Latvia (CIF) - 2022
The average import price for nickel; plates, sheets, strip and foils stood at $90,043 per ton in 2022, which is down by -42.6% against the previous year. In general, the import price, however, saw a prominent increase. The growth pace was the most rapid in 2018 when the average import price increased by 248%. As a result, import price reached the peak level of $336,525 per ton. From 2019 to 2022, the average 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 the United States ($196,448 per ton), while the price for Italy ($47,826 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+250.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil in Latvia (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foils stood at $32,210 per ton in 2022, shrinking by -28.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2017 an increase of 23%. Over the period under review, the average export prices attained the peak figure at $73,050 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($35,333 per ton), while the average price for exports to Lithuania ($16,143 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 Ukraine (+0.3%), while the prices for the other major destinations experienced a decline.
Imports of Nickel; Plates, Sheets, Strip and Foil in Latvia
In 2022, approx. 7 tons of nickel; plates, sheets, strip and foils were imported into Latvia; rising by 3,769% on 2021 figures. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils surged to $627K in 2022. Overall, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 0.1 | 288 | 287900.0% |
| Germany | 0.7 | 8.3 | 7.2 | 229 | 589.0% |
| United States | 8.9 | 13.8 | 13.4 | 64.8 | 93.8% |
| Denmark | N/A | N/A | N/A | 17.6 | 0% |
| China | N/A | 2.2 | N/A | 17.1 | 178.8% |
| Italy | N/A | N/A | N/A | 5.2 | 0% |
| Others | 0.3 | 1.2 | 7.5 | 5.1 | 157.1% |
| Total | 9.9 | 25.6 | 28.2 | 627 | 298.6% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Latvia in 2022:
- Germany (3066.0 kg)
- Austria (2888.0 kg)
- Denmark (360.0 kg)
- United States (330.0 kg)
- China (123.0 kg)
- Italy (109.0 kg)
Exports of Nickel; Plates, Sheets, Strip and Foil in Latvia
In 2022, the amount of nickel; plates, sheets, strip and foils exported from Latvia soared to 138 kg, rising by 6,800% against 2021. Overall, exports, however, recorded a deep contraction.
In value terms, exports of nickel; plates, sheets, strip and foils surged to $4.4K in 2022. Over the period under review, exports, however, showed a dramatic decline.
| Export of Nickel; Plates, Sheets, Strip and Foil in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | 8.3 | 0.1 | 3.5 | -35.1% | |
| Belarus | N/A | N/A | 0.6 | 0% | |
| Lithuania | N/A | N/A | 0.3 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 8.3 | 0.1 | 4.4 | -27.2% | |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Latvia in 2022:
- Russia (99.0 kg)
- Lithuania (21.0 kg)
- Belarus (18.0 kg)
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