Price for Nickel; Wire, Not Alloyed in Kazakhstan - 2021

Contents:

  1. Price for Nickel; Wire, Not Alloyed in Kazakhstan (CIF) - 2022
  2. Price for Nickel; Wire, Not Alloyed in Kazakhstan (FOB) - 2022
  3. Imports of Nickel; Wire, Not Alloyed in Kazakhstan
  4. Exports of Nickel; Wire, Not Alloyed in Kazakhstan

Price for Nickel; Wire, Not Alloyed in Kazakhstan (CIF) - 2022

The average nickel; wire, not alloyed import price stood at $430,571 per ton in 2022, jumping by 1,563% against the previous year. Over the period under review, the import price enjoyed significant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 France ($4,477,000 per ton), while the price for the UK ($142,900 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 (+228.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Wire, Not Alloyed in Kazakhstan (FOB) - 2022

In 2022, the average nickel; wire, not alloyed export price amounted to $16,000 per ton, which is down by -8.5% against the previous year. Overall, the export price saw a abrupt slump. Over the period under review, the average export prices hit record highs at $17,489 per ton in 2021, and then contracted in the following year.

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

From 2021 to 2022, the rate of growth in terms of prices for Russia amounted to 0.0% per year.

Imports of Nickel; Wire, Not Alloyed in Kazakhstan

In 2022, supplies from abroad of nickel; wire, not alloyeds decreased by -62.8% to 35 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a pronounced reduction. The growth pace was the most rapid in 2021 with an increase of 88%. As a result, imports reached the peak of 94 kg, and then fell significantly in the following year.

In value terms, nickel; wire, not alloyed imports soared to $15K in 2022. Over the period under review, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Wire, Not Alloyed in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/AN/AN/A9.00%
United KingdomN/AN/A0.14.34200.0%
United StatesN/AN/AN/A1.80%
Russia0.31.00.3N/A0.0%
China0.60.72.0N/A82.6%
Others0.4N/AN/AN/A0%
Total1.31.82.415.1126.5%

Top Suppliers of Nickel; Wire, Not Alloyed to Kazakhstan in 2022:

  1. United Kingdom (30.0 kg)
  2. United States (3.0 kg)
  3. France (2.0 kg)

Exports of Nickel; Wire, Not Alloyed in Kazakhstan

In 2022, the amount of nickel; wire, not alloyeds exported from Kazakhstan reduced dramatically to 1 kg, waning by -99.2% on 2021. Over the period under review, exports showed a precipitous decrease.

In value terms, nickel; wire, not alloyed exports reduced sharply to $16 in 2022. In general, exports continue to indicate a precipitous setback.

Export of Nickel; Wire, Not Alloyed in Kazakhstan (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
RussiaN/AN/A0%
Iran2.3N/A0%
OthersN/AN/A0%
Total2.3N/A0%

Top Export Markets for Nickel; Wire, Not Alloyed from Kazakhstan in 2022:

  1. Russia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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