Price for Nickel; Unwrought, Not Alloyed in Belarus - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Belarus (CIF) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Belarus (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Belarus
- Exports of Nickel; Unwrought, Not Alloyed in Belarus
Price for Nickel; Unwrought, Not Alloyed in Belarus (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $22,342 per ton, surging by 18% against the previous year. Over the period under review, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, nickel; unwrought, not alloyed import price increased by +60.5% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 36% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Poland ($39,908 per ton), while the price for Norway ($8,490 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in Belarus (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $8,006 per ton in 2022, reducing by -2.2% against the previous year. In general, the export price showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 4.9%. Over the period under review, the average export prices attained the maximum at $25,261 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, 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 -10.9% per year.
Imports of Nickel; Unwrought, Not Alloyed in Belarus
For the third year in a row, Belarus recorded decline in overseas purchases of nickel; unwrought, not alloyeds, which decreased by -28% to 179 tons in 2022. Overall, imports faced a abrupt downturn. The smallest decline of -7.7% was in 2021.
In value terms, nickel; unwrought, not alloyed imports declined markedly to $4M in 2022. In general, imports saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of $4.7M, and then shrank notably in the following year.
| Import of Nickel; Unwrought, Not Alloyed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 3,326 | 2,623 | 2,543 | 2,856 | -5.0% |
| United Kingdom | 184 | 168 | 231 | 249 | 10.6% |
| Poland | 207 | 167 | 190 | 239 | 4.9% |
| Netherlands | 116 | 123 | 65.9 | 102 | -4.2% |
| Germany | 167 | 83.7 | 8.0 | 84.5 | -20.3% |
| Norway | 72.9 | 69.9 | 66.6 | 72.0 | -0.4% |
| Austria | N/A | N/A | 365 | N/A | 0% |
| Others | 441 | 506 | 1,241 | 388 | -4.2% |
| Total | 4,514 | 3,741 | 4,712 | 3,991 | -4.0% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Belarus in 2022:
- Russia (138.0 tons)
- Norway (8.5 tons)
- United Kingdom (8.2 tons)
- Poland (6.0 tons)
- Netherlands (5.3 tons)
- Germany (2.8 tons)
Exports of Nickel; Unwrought, Not Alloyed in Belarus
In 2022, overseas shipments of nickel; unwrought, not alloyeds decreased by -4.6% to 350 kg for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 148% against the previous year.
In value terms, nickel; unwrought, not alloyed exports contracted to $2.8K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 160%.
| Export of Nickel; Unwrought, Not Alloyed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.0 | 2.6 | 3.0 | 2.8 | 40.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.0 | 2.6 | 3.0 | 2.8 | 40.9% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Belarus in 2022:
- Russia (350.0 kg)
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This report provides an in-depth analysis of the nickel market in Belarus.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Belarus.
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This report provides an in-depth analysis of the nickel market in Belarus.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
85
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1191
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
819
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1000
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
