Price for Nickel; Waste and Scrap in Lithuania - 2023
Contents:
- Price for Nickel; Waste and Scrap in Lithuania (CIF) - 2022
- Price for Nickel; Waste and Scrap in Lithuania (FOB) - 2022
- Imports of Nickel; Waste and Scrap in Lithuania
- Exports of Nickel; Waste and Scrap in Lithuania
Price for Nickel; Waste and Scrap in Lithuania (CIF) - 2022
In 2022, the average nickel; waste and scrap import price amounted to $2,665 per ton, rising by 38% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt decrease. The growth pace was the most rapid in 2020 when the average import price increased by 73% against the previous year. The import price peaked at $12,050 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Uzbekistan.
From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +8.8% per year.
Price for Nickel; Waste and Scrap in Lithuania (FOB) - 2022
In 2022, the average nickel; waste and scrap export price amounted to $17,513 per ton, picking up by 87% against the previous year. In general, the export price saw a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 184%. The export price peaked in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($36,628 per ton), while the average price for exports to Germany ($9,026 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 the Netherlands (+29.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Waste and Scrap in Lithuania
In 2022, imports of nickel; waste and scraps into Lithuania reduced rapidly to 265 tons, which is down by -61.2% against 2021. Overall, imports faced a dramatic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, imports attained the peak of 684 tons, and then contracted sharply in the following year.
In value terms, nickel; waste and scrap imports reduced markedly to $707K in 2022. Over the period under review, imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2020 with an increase of 46% against the previous year.
| Import of Nickel; Waste and Scrap in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | 774 | 596 | 1,316 | 701 | -3.2% |
| Others | 38.1 | 591 | 7.8 | 5.9 | -46.3% |
| Total | 812 | 1,187 | 1,324 | 707 | -4.5% |
Top Suppliers of Nickel; Waste and Scrap to Lithuania in 2022:
- Uzbekistan (263.9 tons)
Exports of Nickel; Waste and Scrap in Lithuania
Nickel; waste and scrap exports from Lithuania skyrocketed to 19 tons in 2022, picking up by 1,726% compared with the year before. In general, exports recorded a significant expansion.
In value terms, nickel; waste and scrap exports soared to $333K in 2022. Overall, exports showed a significant expansion.
| Export of Nickel; Waste and Scrap in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | 39.4 | N/A | 159 | 100.9% |
| Germany | 7.9 | 24.0 | 1.2 | 85.5 | 121.2% |
| Latvia | 22.1 | 8.7 | 8.5 | 81.8 | 54.7% |
| Poland | 13.6 | N/A | N/A | 6.5 | -21.8% |
| Russia | N/A | 332 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 43.6 | 404 | 9.7 | 333 | 96.9% |
Top Export Markets for Nickel; Waste and Scrap from Lithuania in 2022:
- Germany (9.5 tons)
- Latvia (4.5 tons)
- Netherlands (4.3 tons)
- Poland (0.7 tons)
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