Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia - 2022
Contents:
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia
- Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $36,096 per ton, dropping by -10.5% against the previous year. In general, the import price recorded a slight decrease. The growth pace was the most rapid in 2016 when the average import price increased by 46%. Over the period under review, average import prices attained the maximum at $41,224 per ton in 2012; however, from 2013 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 the United States ($59,420 per ton), while the price for Ukraine ($27,477 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $47,790 per ton, shrinking by -4.5% against the previous year. Over the period under review, the export price recorded a slight setback. The growth pace was the most rapid in 2014 an increase of 84%. The export price peaked at $60,193 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($79,670 per ton), while the average price for exports to China ($24,272 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+6.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia
In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses imported into Russia declined to 290 tons, shrinking by -12.4% against the previous year's figure. Over the period under review, imports recorded a slight contraction. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports attained the peak of 331 tons, and then contracted in the following year.
In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses reduced rapidly to $10M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +2.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 76% against the previous year. As a result, imports attained the peak of $13M, and then plummeted in the following year.
Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.8 | 1.3 | 8.7 | 8.7 | 121.6% |
Germany | 4.3 | 3.7 | 1.3 | 0.6 | -48.1% |
Ukraine | 1.5 | 1.4 | 1.4 | 0.3 | -41.5% |
Turkey | 0.3 | 0.4 | N/A | 0.1 | -30.7% |
United Kingdom | 0.2 | N/A | 1.2 | 0.1 | -20.6% |
United States | 0.8 | N/A | N/A | N/A | 0% |
Lithuania | 0.7 | 0.2 | 0.2 | N/A | -46.5% |
Poland | 0.8 | N/A | 0.1 | N/A | -64.6% |
Others | 0.4 | 0.4 | 0.5 | 0.6 | 14.5% |
Total | 9.8 | 7.6 | 13.3 | 10.5 | 2.3% |
Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Russia in 2022:
- China (244.8 tons)
- Germany (14.9 tons)
- Ukraine (12.1 tons)
- United Kingdom (4.8 tons)
- Turkey (2.4 tons)
- Poland (1.0 tons)
- Lithuania (0.4 tons)
- United States (0.1 tons)
Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia
In 2022, overseas shipments of nickel; bars, rods and profiles, of nickel alloyses decreased by -11.6% to 419 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 95%.
In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses contracted remarkably to $20M in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 59%.
Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Russia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Ukraine | 7.7 | 12.3 | 19.4 | 9.5 | 7.3% |
Germany | 0.9 | 3.5 | 2.8 | 8.6 | 112.2% |
India | N/A | 0.1 | N/A | 0.8 | 182.8% |
China | 1.2 | 0.2 | 0.7 | 0.6 | -20.6% |
Others | 0.5 | 0.3 | 0.9 | 0.6 | 6.3% |
Total | 10.3 | 16.3 | 23.7 | 20.0 | 24.8% |
Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Russia in 2022:
- Germany (238.2 tons)
- Ukraine (119.0 tons)
- India (25.4 tons)
- China (23.2 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy bars, rods, profiles and wires in Russian Federation.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
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