Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (CIF) - 2022
The average import price for nickel; bars, rods and profiles, of nickel alloyses stood at $27,675 per ton in 2022, growing by 8.9% against the previous year. Overall, the import price, however, saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 an increase of 48%. Over the period under review, average import prices attained the maximum at $50,606 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($55,111 per ton), while the price for the UK ($19,944 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $35,636 per ton, almost unchanged from the previous year. In general, the export price, however, recorded a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 85% against the previous year. As a result, the export price reached the peak level of $231,818 per ton. From 2015 to 2022, 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 Russia.
From 2013 to 2022, the rate of growth in terms of prices for Russia amounted to -13.0% per year.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus
In 2022, approx. 13 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Belarus; growing by 7% against the previous year. Overall, imports enjoyed a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of 234% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses surged to $351K in 2022. Over the period under review, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 144% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 25.4 | 46.7 | 200 | 219 | 105.1% |
| Germany | 36.6 | 6.1 | 32.8 | 35.8 | -0.7% |
| China | 2.8 | 19.9 | 29.8 | 32.5 | 126.4% |
| Italy | 33.7 | 30.5 | 21.6 | 30.8 | -3.0% |
| Slovenia | 10.9 | 10.7 | 14.0 | 15.3 | 12.0% |
| United Kingdom | 39.8 | 1.0 | 1.1 | 15.0 | -27.8% |
| Lithuania | 31.2 | N/A | N/A | N/A | 0% |
| Others | 9.0 | 8.4 | 1.8 | 3.2 | -29.2% |
| Total | 189 | 123 | 301 | 351 | 22.9% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Belarus in 2022:
- Russia (9.1 tons)
- Germany (1.2 tons)
- China (0.9 tons)
- United Kingdom (0.8 tons)
- Italy (0.6 tons)
- Slovenia (0.2 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus
Exports of nickel; bars, rods and profiles, of nickel alloyses from Belarus dropped notably to 3 tons in 2022, reducing by -39.6% compared with 2021. In general, exports, however, enjoyed a tangible expansion. The most prominent rate of growth was recorded in 2021 with an increase of 380%. As a result, the exports attained the peak of 5 tons, and then fell markedly in the following year.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses fell markedly to $107K in 2022. Overall, exports, however, recorded a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 359% against the previous year. As a result, the exports attained the peak of $175K, and then reduced remarkably in the following year.
| Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 92.3 | 38.2 | 17.0 | 107 | 5.0% |
| Ukraine | N/A | N/A | 158 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 92.3 | 38.2 | 175 | 107 | 5.0% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Belarus in 2022:
- Russia (3.0 tons)
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