Price for Nickel; Bars, Rods, Profiles and Wire in Kazakhstan - 2022

Contents:

  1. Price for Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (CIF) - 2022
  2. Price for Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (FOB) - 2022
  3. Imports of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan
  4. Exports of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan

Price for Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (CIF) - 2022

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $34,947 per ton, jumping by 19% against the previous year. Over the period under review, the import price posted a perceptible increase. The most prominent rate of growth was recorded in 2014 an increase of 72% against the previous year. As a result, import price attained the peak level of $59,939 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 the United States ($71,390 per ton), while the price for the Czech Republic ($19,845 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (FOB) - 2022

The average export price for nickel; bars, rods, profiles and wires stood at $34,660 per ton in 2022, approximately reflecting the previous year. Overall, the export price, however, saw a prominent expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 275%. As a result, the export price reached the peak level of $62,952 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Uzbekistan ($54,222 per ton), while the average price for exports to the Czech Republic ($19,579 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 Russia (+13.6%).

Imports of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan

In 2022, purchases abroad of nickel; bars, rods, profiles and wires was finally on the rise to reach 42 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt curtailment.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $1.5M in 2022. Over the period under review, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia556409371555-0.1%
United States391579203280-10.5%
China59.932.510.220049.5%
Germany88.155.770.31097.4%
Slovenia9.022.531.388.7114.4%
Turkey68.610822.124.3-29.2%
Czech Republic7.117.029.019.139.1%
Others96.511813018023.1%
Total1,2761,3438671,4564.5%

Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to Kazakhstan in 2022:

  1. Russia (17.9 tons)
  2. China (8.1 tons)
  3. United States (3.9 tons)
  4. Germany (3.1 tons)
  5. Slovenia (2.1 tons)
  6. Czech Republic (1.0 tons)
  7. Turkey (0.8 tons)

Exports of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan

For the fourth consecutive year, Kazakhstan recorded growth in overseas shipments of nickel; bars, rods, profiles and wires, which increased by 2% to 931 kg in 2022. In general, exports enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 250%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, exports of nickel; bars, rods, profiles and wires reached $32K in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 375% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Nickel; Bars, Rods, Profiles and Wire in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A14.80%
GermanyN/AN/AN/A11.30%
Russia1.86.628.65.343.3%
UzbekistanN/A0.13.00.5123.6%
Czech RepublicN/AN/AN/A0.40%
OthersN/AN/A0.2N/A0%
Total1.96.731.932.3157.1%

Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from Kazakhstan in 2022:

  1. Israel (438.0 kg)
  2. Germany (306.0 kg)
  3. Russia (159.0 kg)
  4. Czech Republic (19.0 kg)
  5. Uzbekistan (9.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; bars, rods, profiles and wire - Kazakhstan