Price for Nickel; Wire, Not Alloyed in Latvia - 2023
Contents:
- Price for Nickel; Wire, Not Alloyed in Latvia (CIF) - 2022
- Imports of Nickel; Wire, Not Alloyed in Latvia
Price for Nickel; Wire, Not Alloyed in Latvia (CIF) - 2022
The average nickel; wire, not alloyed import price stood at $461,930 per ton in 2022, picking up by 3.4% against the previous year. In general, the import price enjoyed significant growth. The growth pace was the most rapid in 2019 when the average import price increased by 242%. The import price peaked in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($465,534 per ton), while the price for Estonia totaled $285,286 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.9%).
Imports of Nickel; Wire, Not Alloyed in Latvia
In 2022, imports of nickel; wire, not alloyeds into Latvia skyrocketed to 350 kg, growing by 18% compared with 2021 figures. Overall, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year.
In value terms, nickel; wire, not alloyed imports soared to $162K in 2022. In general, imports saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 161%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Nickel; Wire, Not Alloyed in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 30.9 | 47.3 | 132 | 160 | 73.0% |
| Estonia | N/A | N/A | N/A | 2.0 | 0% |
| Russia | 9.1 | 3.4 | N/A | N/A | -62.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 40.0 | 50.7 | 132 | 162 | 59.4% |
Top Suppliers of Nickel; Wire, Not Alloyed to Latvia in 2022:
- France (343.0 kg)
- Estonia (7.0 kg)
1556
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