Nickel; Unwrought, Alloys Price in Latvia - 2023

Contents:

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

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

The average nickel; unwrought, alloys export price stood at $5,829 per ton in 2022, approximately equating the previous year. Over the period under review, the export price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 an increase of 2,846%. As a result, the export price reached the peak level of $99,231 per ton. From 2014 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 Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to 0.0% per year.

Nickel; Unwrought, Alloys Price in Latvia (CIF) - 2022

The average nickel; unwrought, alloys import price stood at $7,857 per ton in 2022, reducing by -55.4% against the previous year. In general, the import price recorded a abrupt curtailment. The growth pace was the most rapid in 2014 an increase of 40% against the previous year. The import price peaked at $17,620 per ton in 2021, and then fell notably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,200 per ton), while the price for Luxembourg stood at $7,802 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-3.7%).

Nickel; Unwrought, Alloys Exports in Latvia

In 2022, the amount of nickel; unwrought, alloyses exported from Latvia amounted to 133 tons, flattening at the year before. Overall, exports continue to indicate a significant increase. The smallest decline of -29.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, nickel; unwrought, alloys exports totaled $776K in 2022. In general, exports posted a significant expansion. The smallest decline of -45.2% was in 2020. The exports peaked in 2022 and are likely to see gradual growth in the near future.

Export of Nickel; Unwrought, Alloys in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CanadaN/AN/AN/A7760%
Others0.50.3N/AN/A-40.0%
Total0.50.3N/A7761057.8%

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

  1. Canada (133.2 tons)

Nickel; Unwrought, Alloys Imports in Latvia

In 2022, supplies from abroad of nickel; unwrought, alloyses was finally on the rise to reach 41 tons after two years of decline. In general, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; unwrought, alloys imports soared to $324K in 2022. Over the period under review, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Unwrought, Alloys in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LuxembourgN/AN/AN/A3190%
Poland35.5N/AN/AN/A0%
OthersN/A3.11.95.229.5%
Total35.53.11.9324109.0%

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

  1. Luxembourg (40.9 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, alloys - Latvia