Nickel; Unwrought, Alloys Price in Belarus - 2022
Contents:
- Nickel; Unwrought, Alloys Price in Belarus (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Belarus (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Belarus
- Nickel; Unwrought, Alloys Exports in Belarus
Nickel; Unwrought, Alloys Price in Belarus (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $24,535 per ton, with a decrease of -46.1% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 91%. The import price peaked at $45,507 per ton in 2021, and then plummeted in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($41,324 per ton), while the price for Russia totaled $20,142 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.4%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Price in Belarus (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $13,636 per ton, with a decrease of -3.5% against the previous year. In general, the export price continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 379%. Over the period under review, the average export prices reached the maximum at $156,522 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -3.1% per year.
Nickel; Unwrought, Alloys Imports in Belarus
In 2022, approx. 12 tons of nickel; unwrought, alloyses were imported into Belarus; with an increase of 73% against the previous year. In general, imports saw perceptible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys imports declined to $285K in 2022. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 76%.
| Import of Nickel; Unwrought, Alloys in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 18.8 | 93.6 | 72.3 | 186 | 114.7% |
| Germany | 76.5 | 38.7 | 3.0 | 99.6 | 9.2% |
| China | N/A | 41.0 | 230 | N/A | 461.0% |
| United Kingdom | 274 | N/A | N/A | N/A | 0% |
| Others | 1.7 | N/A | N/A | N/A | 0% |
| Total | 371 | 173 | 305 | 285 | -8.4% |
Top Suppliers of Nickel; Unwrought, Alloys to Belarus in 2022:
- Russia (9.2 tons)
- Germany (2.4 tons)
Nickel; Unwrought, Alloys Exports in Belarus
In 2022, the amount of nickel; unwrought, alloyses exported from Belarus dropped notably to 88 kg, which is down by -75.1% compared with the year before. Over the period under review, exports recorded a dramatic downturn. The smallest decline of -3.9% was in 2020.
In value terms, nickel; unwrought, alloys exports contracted rapidly to $1.2K in 2022. Overall, exports continue to indicate a significant contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 39%.
| Export of Nickel; Unwrought, Alloys in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 2.8 | 3.9 | 5.0 | 1.2 | -24.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2.8 | 3.9 | 5.0 | 1.2 | -24.6% |
Top Export Markets for Nickel; Unwrought, Alloys from Belarus in 2022:
- Russia (88.0 kg)
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This report provides an in-depth analysis of the nickel market in Belarus.
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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 nickel market in Belarus.
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This report provides an in-depth analysis of the nickel market in Belarus.
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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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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...
799
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...
992
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1800
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
878
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
1176
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...
799
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...
992
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1800
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
