Price for Nickel; Unwrought, Not Alloyed in Russia - 2022
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Russia (FOB) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Russia (CIF) - 2022
- Exports of Nickel; Unwrought, Not Alloyed in Russia
- Imports of Nickel; Unwrought, Not Alloyed in Russia
Price for Nickel; Unwrought, Not Alloyed in Russia (FOB) - 2022
The average nickel; unwrought, not alloyed export price stood at $19,346 per ton in January 2022, shrinking by -3.3% against the previous month. Overall, the export price showed a mild descent. The pace of growth appeared the most rapid in October 2021 when the average export price increased by 26% month-to-month. As a result, the export price attained the peak level of $26,745 per ton. From November 2021 to January 2022, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From January 2021 to January 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.9% per month.
Price for Nickel; Unwrought, Not Alloyed in Russia (CIF) - 2022
In January 2022, the average nickel; unwrought, not alloyed import price amounted to $21,288 per ton, with a decrease of -11.3% against the previous month. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in November 2021 an increase of 16% month-to-month. The import price peaked at $24,436 per ton in September 2021; however, from October 2021 to January 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In January 2022, the country with the highest price was Ukraine ($21,355 per ton), while the price for Norway totaled $21,247 per ton.
From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Unwrought, Not Alloyed in Russia
Nickel; unwrought, not alloyed exports from Russia surged to 90K tons in 2022, picking up by 100% compared with 2021. Overall, exports, however, showed a deep downturn.
In value terms, nickel; unwrought, not alloyed exports skyrocketed to $1.3B in 2022. Over the period under review, exports, however, recorded a deep contraction.
| Export of Nickel; Unwrought, Not Alloyed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,317 | 1,197 | 783 | 1,323 | 0.2% |
| Switzerland | 512 | 658 | N/A | N/A | 28.5% |
| Others | 6.8 | 4.1 | 4.3 | 0.9 | -49.0% |
| Total | 1,836 | 1,859 | 788 | 1,324 | -10.3% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Russia in 2022:
- Netherlands (90.1K tons)
Imports of Nickel; Unwrought, Not Alloyed in Russia
Nickel; unwrought, not alloyed imports into Russia expanded rapidly to 244 tons in 2022, growing by 13% against 2021. Overall, imports recorded a relatively flat trend pattern.
In value terms, nickel; unwrought, not alloyed imports reduced slightly to $4.2M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.1%. As a result, imports attained the peak of $4.4M, and then dropped modestly in the following year.
| Import of Nickel; Unwrought, Not Alloyed in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.2 | 2.5 | 3.1 | 3.9 | 6.8% |
| Ukraine | N/A | N/A | 0.1 | 0.3 | 200.0% |
| United Kingdom | 0.3 | 0.3 | 0.6 | N/A | 41.4% |
| Netherlands | 0.2 | 1.2 | 0.5 | N/A | 58.1% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 3.9 | 4.0 | 4.4 | 4.2 | 2.5% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Russia in 2022:
- Norway (224.9 tons)
- Ukraine (18.6 tons)
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This report provides an in-depth analysis of the nickel market in the Russian Federation.
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This report provides an in-depth analysis of the nickel market in the Russian Federation.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
820
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
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