Price for Nickel; Bars, Rods, Profiles and Wire in Lithuania - 2023

Contents:

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

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

In 2022, the average export price for nickel; bars, rods, profiles and wires amounted to $37,800 per ton, which is down by -10.7% against the previous year. Over the period under review, the export price showed a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 24%. The export price peaked at $66,932 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($118,762 per ton), while the average price for exports to Serbia ($26,697 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 Switzerland (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for nickel; bars, rods, profiles and wires amounted to $38,591 per ton, waning by -38.1% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 43%. As a result, import price attained the peak level of $62,373 per ton, and then contracted remarkably in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($58,860 per ton), while the price for Latvia ($28,680 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of nickel; bars, rods, profiles and wires were finally on the rise to reach 20 tons after two years of decline. Over the period under review, exports, however, recorded a abrupt decrease.

In value terms, exports of nickel; bars, rods, profiles and wires skyrocketed to $774K in 2022. In general, exports, however, continue to indicate a abrupt descent.

Export of Nickel; Bars, Rods, Profiles and Wire in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A3440%
Kazakhstan13.412.6N/A248164.5%
Russia1,34679632371.6-62.4%
SerbiaN/AN/A51.443.1-16.1%
SwitzerlandN/A2.812237.1264.0%
Poland34.82.271.62.5-58.4%
Others9.169.312.528.346.0%
Total1,403883581774-18.0%

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

  1. Turkey (12.1 tons)
  2. Kazakhstan (2.8 tons)
  3. Russia (2.2 tons)
  4. Serbia (1.6 tons)
  5. Switzerland (1.1 tons)

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

In 2022, overseas purchases of nickel; bars, rods, profiles and wires were finally on the rise to reach 20 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep slump.

In value terms, imports of nickel; bars, rods, profiles and wires surged to $765K in 2022. In general, imports, however, continue to indicate a deep reduction.

Import of Nickel; Bars, Rods, Profiles and Wire in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
LatviaN/AN/AN/A3870%
Czech Republic26.1N/A30.0240109.5%
Poland14213430.336.1-36.7%
BrazilN/AN/AN/A16.50%
Germany1701051126.7-66.0%
Austria1330.141.70.1-90.9%
Russia28.213.791.9N/A80.5%
United Kingdom6354150.5N/A-97.2%
Others62.073.654.678.18.0%
Total1,196741361765-13.8%

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

  1. Latvia (13.5 tons)
  2. Czech Republic (4.3 tons)
  3. Poland (0.6 tons)
  4. Brazil (0.4 tons)
  5. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform

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