Price for Nickel; Wire, Not Alloyed in Belarus - 2022
Contents:
- Price for Nickel; Wire, Not Alloyed in Belarus (CIF) - 2022
- Price for Nickel; Wire, Not Alloyed in Belarus (FOB) - 2022
- Imports of Nickel; Wire, Not Alloyed in Belarus
- Exports of Nickel; Wire, Not Alloyed in Belarus
Price for Nickel; Wire, Not Alloyed in Belarus (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $33,807 per ton in 2022, with a decrease of -11.7% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2021 an increase of 23%. Over the period under review, average import prices reached the maximum at $44,740 per ton in 2012; however, from 2013 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 ($60,287 per ton), while the price for India ($28,240 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Wire, Not Alloyed in Belarus (FOB) - 2022
In 2022, the average nickel; wire, not alloyed export price amounted to $104,667 per ton, increasing by 9.8% against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2015 an increase of 84% against the previous year. Over the period under review, the average export prices hit record highs at $114,333 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Ukraine.
From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +1.7% per year.
Imports of Nickel; Wire, Not Alloyed in Belarus
In 2022, imports of nickel; wire, not alloyeds into Belarus soared to 352 kg, rising by 27% against the previous year's figure. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 433%. As a result, imports attained the peak of 426 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; wire, not alloyed imports totaled $12K in 2022. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 500% against the previous year. As a result, imports reached the peak of $13K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Nickel; Wire, Not Alloyed in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1.2 | 6.8 | 5.3 | 6.5 | 75.6% |
| Russia | 0.1 | 2.2 | 2.2 | 2.2 | 180.2% |
| India | 0.5 | 1.4 | 1.7 | 1.8 | 53.3% |
| China | 0.1 | 1.9 | 0.8 | 0.8 | 100.0% |
| Poland | 0.3 | 0.9 | 0.3 | 0.6 | 26.0% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 2.2 | 13.2 | 10.6 | 11.9 | 75.5% |
Top Suppliers of Nickel; Wire, Not Alloyed to Belarus in 2022:
- Hungary (217.0 kg)
- India (64.0 kg)
- Russia (37.0 kg)
- China (24.0 kg)
- Poland (11.0 kg)
Exports of Nickel; Wire, Not Alloyed in Belarus
In 2022, after two years of decline, there was decline in overseas shipments of nickel; wire, not alloyeds, when their volume decreased by 0% to 3 kg. Overall, exports continue to indicate a deep slump. The smallest decline of -25% was in 2020.
In value terms, nickel; wire, not alloyed exports rose significantly to $314 in 2022. Over the period under review, exports saw a abrupt contraction.
| Export of Nickel; Wire, Not Alloyed in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 400 | 343 | 286 | 314 | -7.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 400 | 343 | 286 | 314 | -7.8% |
Top Export Markets for Nickel; Wire, Not Alloyed from Belarus in 2022:
- Ukraine (3.0 kg)
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