Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Latvia - 2023

Contents:

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

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

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $239,915 per ton in 2022, with an increase of 54% against the previous year. In general, the import price posted buoyant growth. The pace of growth was the most pronounced in 2018 an increase of 257%. As a result, import price attained the peak level of $420,998 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($3,099,581 per ton), while the price for Poland ($45,143 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+253.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $170,923 per ton, stabilizing at the previous year. In general, the export price showed a significant expansion. The pace of growth appeared the most rapid in 2017 an increase of 269% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2016 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.2% per year.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Latvia

In 2022, approx. 2.6 tons of nickel; plates, sheets, strip and foil, of nickel alloyses were imported into Latvia; picking up by 1,329% against the previous year. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $620K in 2022. Overall, imports posted a significant increase. 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, of Nickel Alloys in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustriaN/AN/AN/A2880%
GermanyN/A8.37.2229425.3%
United States8.913.813.464.893.8%
OthersN/A3.47.638.3235.6%
Total8.925.628.1620311.5%

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

  1. Germany (2094.0 kg)
  2. United States (359.0 kg)
  3. Austria (93.0 kg)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Latvia

Exports of nickel; plates, sheets, strip and foil, of nickel alloyses from Latvia totaled 26 kg in 2022, almost unchanged from 2021 figures. In general, exports faced a significant decrease. The smallest decline of 99.9% was in 2021.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses totaled $4.4K in 2022. Overall, exports showed a dramatic curtailment. The smallest decline of 99.9% was in 2021.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Latvia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Netherlands1.5N/A4.471.3%
Italy2.5N/AN/A0%
Sweden4.3N/AN/A0%
Others0.1N/AN/A0%
Total8.3N/A4.4-27.2%

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

  1. Netherlands (26.0 kg)

Source: IndexBox Market Intelligence Platform

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