Price for Nickel; Unwrought, Not Alloyed in Lithuania - 2024
Contents:
- Price for Nickel; Unwrought, Not Alloyed in Lithuania (CIF) - 2022
- Price for Nickel; Unwrought, Not Alloyed in Lithuania (FOB) - 2022
- Imports of Nickel; Unwrought, Not Alloyed in Lithuania
- Exports of Nickel; Unwrought, Not Alloyed in Lithuania
Price for Nickel; Unwrought, Not Alloyed in Lithuania (CIF) - 2022
In 2022, the average nickel; unwrought, not alloyed import price amounted to $27,793 per ton, growing by 34% against the previous year. In general, the import price posted noticeable growth. The growth pace was the most rapid in 2018 an increase of 45%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($29,952 per ton), while the price for the Netherlands ($25,925 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Unwrought, Not Alloyed in Lithuania (FOB) - 2022
In 2022, the average nickel; unwrought, not alloyed export price amounted to $33,852 per ton, increasing by 47% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The export price peaked at $36,322 per ton in 2014; however, from 2015 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 Belarus ($61,855 per ton), while the average price for exports to Uzbekistan stood at $30,482 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+7.3%).
Imports of Nickel; Unwrought, Not Alloyed in Lithuania
For the fourth year in a row, Lithuania recorded growth in purchases abroad of nickel; unwrought, not alloyeds, which increased by 92% to 14 tons in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed imports soared to $396K in 2022. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Unwrought, Not Alloyed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 207 | 0% |
| Poland | 65.1 | 81.9 | 135 | 124 | 24.0% |
| Italy | N/A | 4.4 | 17.9 | 59.9 | 269.0% |
| Sweden | 7.2 | N/A | N/A | N/A | 0% |
| Others | N/A | 0.1 | N/A | 3.8 | 516.4% |
| Total | 72.3 | 86.4 | 153 | 396 | 76.3% |
Top Suppliers of Nickel; Unwrought, Not Alloyed to Lithuania in 2022:
- Netherlands (8.0 tons)
- Poland (4.2 tons)
- Italy (2.0 tons)
Exports of Nickel; Unwrought, Not Alloyed in Lithuania
In 2022, approx. 9.3 tons of nickel; unwrought, not alloyeds were exported from Lithuania; surging by 6,848% against 2021. Overall, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, not alloyed exports soared to $315K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Unwrought, Not Alloyed in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Uzbekistan | N/A | N/A | N/A | 253 | 0% |
| Belarus | N/A | 151 | N/A | 61.9 | -36.0% |
| Armenia | 3.0 | N/A | 3.1 | N/A | 1.7% |
| Others | 1.4 | 2.2 | N/A | N/A | 57.1% |
| Total | 4.3 | 154 | 3.1 | 315 | 318.4% |
Top Export Markets for Nickel; Unwrought, Not Alloyed from Lithuania in 2022:
- Uzbekistan (8.3 tons)
- Belarus (1.0 tons)
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This report provides an in-depth analysis of the nickel market in Lithuania.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in Lithuania.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1233
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
906
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
1030
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
