Nickel; Unwrought, Alloys Price in Ukraine - 2023

Contents:

  1. Nickel; Unwrought, Alloys Price in Ukraine (FOB) - 2022
  2. Nickel; Unwrought, Alloys Price in Ukraine (CIF) - 2023
  3. Nickel; Unwrought, Alloys Exports in Ukraine
  4. Nickel; Unwrought, Alloys Imports in Ukraine

Nickel; Unwrought, Alloys Price in Ukraine (FOB) - 2022

In 2022, the average nickel; unwrought, alloys export price amounted to $19,459 per ton, increasing by 22% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 57% against the previous year. As a result, the export price attained the peak level of $46,864 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 Mexico amounted to +96.7% per year.

Nickel; Unwrought, Alloys Price in Ukraine (CIF) - 2023

The average nickel; unwrought, alloys import price stood at $122K per ton in May 2023, remaining stable against the previous month. In general, the import price saw a pronounced expansion. The pace of growth was the most pronounced in November 2022 an increase of 98% against the previous month. The import price peaked at $175K per ton in December 2022; however, from January 2023 to May 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for the UK.

From July 2022 to May 2023, the rate of growth in terms of prices for the UK amounted to +3.6% per month.

Nickel; Unwrought, Alloys Exports in Ukraine

In 2022, overseas shipments of nickel; unwrought, alloyses decreased by -15% to 25 tons, falling for the second consecutive year after two years of growth. Overall, exports, however, saw a resilient increase. The growth pace was the most rapid in 2020 with an increase of 117% against the previous year. As a result, the exports reached the peak of 34 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, nickel; unwrought, alloys exports rose to $496K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 59% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

Export of Nickel; Unwrought, Alloys in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia28646047849620.1%
Others3.3N/AN/AN/A0%
Total29046047849619.6%

Top Export Markets for Nickel; Unwrought, Alloys from Ukraine in 2022:

  1. Russia (25.5 tons)

Nickel; Unwrought, Alloys Imports in Ukraine

After two years of decline, supplies from abroad of nickel; unwrought, alloyses increased by 76% to 27 tons in 2022. Overall, imports, however, showed a perceptible contraction.

In value terms, nickel; unwrought, alloys imports soared to $2.6M in 2022. In general, imports recorded a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Unwrought, Alloys in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom99.210792.62,532194.4%
Russia1,03825897.975.2-58.3%
South Africa1,024673359N/A-40.8%
Others53.237.227.2N/A-28.5%
Total2,2151,0755772,6075.6%

Top Suppliers of Nickel; Unwrought, Alloys to Ukraine in 2022:

  1. United Kingdom (26.1 tons)
  2. Russia (0.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, alloys - Ukraine