Chlorides; of Nickel Price in Latvia - 2022
Contents:
- Chlorides; of Nickel Price in Latvia (CIF) - 2022
- Chlorides; of Nickel Price in Latvia (FOB) - 2022
- Chlorides; of Nickel Imports in Latvia
- Chlorides; of Nickel Exports in Latvia
Chlorides; of Nickel Price in Latvia (CIF) - 2022
The average chlorides; of nickel import price stood at $13,500 per ton in 2022, surging by 29% against the previous year. In general, the import price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 73% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Austria.
From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to +12.7% per year.
Chlorides; of Nickel Price in Latvia (FOB) - 2022
The average chlorides; of nickel export price stood at $5,952 per ton in 2020, growing by 5.4% against the previous year. Overall, the export price showed a prominent expansion. The export price peaked at $9,380 per ton in 2018; however, from 2019 to 2020, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2016 to 2020, the rate of growth in terms of prices for the Netherlands amounted to +14.2% per year.
Chlorides; of Nickel Imports in Latvia
In 2022, purchases abroad of chlorides; of nickels decreased by -96% to 2 kg, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 80%. As a result, imports reached the peak of 90 kg. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, chlorides; of nickel imports fell rapidly to $27 in 2022. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 112%. As a result, imports attained the peak of $643. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Chlorides; of Nickel in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 29.0 | 27.0 | -6.9% |
| Germany | N/A | 185 | 121 | N/A | -34.6% |
| Poland | 304 | 280 | 373 | N/A | 10.8% |
| Estonia | N/A | 178 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 304 | 643 | 523 | 27.0 | -55.4% |
Top Suppliers of Chlorides; of Nickel to Latvia in 2022:
- Austria (2.0 kg)
Chlorides; of Nickel Exports in Latvia
Chlorides; of nickel exports from Latvia expanded notably to 21 kg in 2020, with an increase of 5% compared with the previous year's figure. The total export volume increased at an average annual rate of +5.0% over the period from 2019 to 2020; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of nickel exports expanded rapidly to $125 in 2020. The total export value increased at an average annual rate of +10.6% over the period from 2019 to 2020; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chlorides; of Nickel in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Netherlands | 113 | 125 | 10.6% | ||
| Others | N/A | N/A | 0% | ||
| Total | 113 | 125 | 10.6% | ||
Top Export Markets for Chlorides; of Nickel from Latvia in 2022:
- Netherlands (21.0 kg)
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