Price for Nickel; Plates, Sheets, Strip and Foil in Estonia - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil in Estonia (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil in Estonia (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil in Estonia
  4. Exports of Nickel; Plates, Sheets, Strip and Foil in Estonia

Price for Nickel; Plates, Sheets, Strip and Foil in Estonia (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foils stood at $34,251 per ton in 2022, with an increase of 27% against the previous year. Overall, the import price, however, continues to indicate a noticeable decline. The pace of growth was the most pronounced in 2017 an increase of 97%. Over the period under review, average import prices attained the maximum at $52,893 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($116,905 per ton), while the price for Italy ($23,256 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+18.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil in Estonia (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foils stood at $27,054 per ton in 2022, waning by -1.8% against the previous year. In general, the export price, however, enjoyed a noticeable increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 116%. Over the period under review, the average export prices hit record highs at $81,361 per ton in 2015; however, from 2016 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 Ukraine ($196,525 per ton), while the average price for exports to Russia totaled $26,169 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+39.6%).

Imports of Nickel; Plates, Sheets, Strip and Foil in Estonia

In 2022, the amount of nickel; plates, sheets, strip and foils imported into Estonia skyrocketed to 57 tons, picking up by 327% compared with the previous year's figure. Over the period under review, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 642% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foils soared to $2M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Plates, Sheets, Strip and Foil in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/AN/AN/A7650%
Czech Republic3.026.313.4677508.8%
ItalyN/AN/AN/A3510%
GermanyN/A3.228691.4434.4%
FranceN/AN/AN/A38.80%
Others15966.462.240.0-36.9%
Total16295.83611,964129.7%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Estonia in 2022:

  1. Czech Republic (25.2 tons)
  2. Italy (15.1 tons)
  3. Russia (12.6 tons)
  4. Germany (2.5 tons)
  5. France (1.5 tons)

Exports of Nickel; Plates, Sheets, Strip and Foil in Estonia

In 2022, approx. 20 tons of nickel; plates, sheets, strip and foils were exported from Estonia; with an increase of 113% compared with 2021. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 14,034%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel; plates, sheets, strip and foils surged to $553K in 2022. Overall, exports posted a significant increase. The growth pace was the most rapid in 2021 when exports increased by 7,599% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Nickel; Plates, Sheets, Strip and Foil in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia23.6N/A260532182.5%
Others3.33.45.021.185.6%
Total26.93.4265553173.9%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Estonia in 2022:

  1. Russia (20.3 tons)

Source: IndexBox Market Intelligence Platform

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