Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (CIF) - 2022

In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $33,224 per ton, increasing by 29% against the previous year. Overall, the import price, however, showed a mild setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 97%. Over the period under review, average import prices reached the maximum at $52,477 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

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 Russia ($60,490 per ton), while the price for Italy ($23,256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (FOB) - 2022

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $27,011 per ton, flattening at the previous year. Overall, the export price showed a pronounced decline. The growth pace was the most rapid in 2017 an increase of 48% against the previous year. Over the period under review, the average export prices reached the peak figure at $55,605 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($196,525 per ton), while the average price for exports to Russia totaled $26,169 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+39.6%).

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia

Imports of nickel; plates, sheets, strip and foil, of nickel alloyses into Estonia surged to 58 tons in 2022, picking up by 344% on the previous year. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 681%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses skyrocketed to $1.9M in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A7650%
Czech Republic3.026.313.4676508.5%
ItalyN/AN/AN/A3510%
GermanyN/A3.228591.4434.4%
FranceN/AN/AN/A38.80%
Others15458.639.816.7-52.3%
Total15788.13381,939131.1%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Estonia in 2022:

  1. Czech Republic (25.2 tons)
  2. Italy (15.1 tons)
  3. Russia (12.6 tons)
  4. Germany (3.8 tons)
  5. France (1.5 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia

In 2022, exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Estonia surged to 20 tons, rising by 113% against the previous year. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 25,754%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses soared to $551K in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 26,522%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia23.6N/A260532182.5%
OthersN/A1.0N/A19.8345.0%
Total23.61.0260551185.8%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Estonia in 2022:

  1. Russia (20.3 tons)

Source: IndexBox Market Intelligence Platform

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