Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia - 2023
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $42,291 per ton, reducing by -24.9% against the previous year. Overall, the import price continues to indicate a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 70%. Over the period under review, average import prices reached the maximum at $78,136 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($79,933 per ton), while the price for the Czech Republic ($39,476 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.1%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (FOB) - 2022
The average export price for nickel; bars, rods and profiles, of nickel alloyses stood at $51,077 per ton in 2022, with an increase of 12% against the previous year. In general, the export price, however, recorded a pronounced downturn. The pace of growth appeared the most rapid in 2017 an increase of 36%. Over the period under review, the average export prices attained the maximum at $98,737 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 Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.5% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia
In 2022, purchases abroad of nickel; bars, rods and profiles, of nickel alloyses increased by 725% to 429 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a precipitous descent.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses soared to $18K in 2022. Over the period under review, imports, however, saw a dramatic decrease.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 3.4 | N/A | 14.6 | 107.2% |
| Sweden | N/A | 3.7 | 2.5 | 1.2 | -43.1% |
| Russia | 0.3 | 0.8 | N/A | 1.1 | 54.2% |
| Switzerland | 14.6 | 17.8 | N/A | 0.7 | -63.7% |
| Others | 32.7 | 0.5 | 0.4 | 0.6 | -73.6% |
| Total | 47.6 | 26.3 | 2.9 | 18.1 | -27.6% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Estonia in 2022:
- Czech Republic (370.0 kg)
- Russia (21.0 kg)
- Switzerland (15.0 kg)
- Sweden (15.0 kg)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia
In 2022, approx. 142 kg of nickel; bars, rods and profiles, of nickel alloyses were exported from Estonia; with an increase of 3,450% compared with the year before. In general, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $7.3K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Russia | N/A | 0.2 | 7.3 | 3550.0% | |
| Lithuania | 1.9 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 1.9 | 0.2 | 7.3 | 96.0% | |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Estonia in 2022:
- Russia (142.0 kg)
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