Price for Nickel; Wire, of Nickel Alloys in Lithuania - 2024

Contents:

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

Price for Nickel; Wire, of Nickel Alloys in Lithuania (FOB) - 2022

In 2022, the average export price for nickel; wire, of nickel alloyses amounted to $40,225 per ton, with an increase of 23% against the previous year. Over the period under review, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 37%. The export price peaked at $67,401 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($160,566 per ton), while the average price for exports to Serbia ($26,680 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 mixed trend patterns.

Price for Nickel; Wire, of Nickel Alloys in Lithuania (CIF) - 2022

The average import price for nickel; wire, of nickel alloyses stood at $68,362 per ton in 2022, surging by 25% against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 an increase of 54%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($163,732 per ton), while the price for Austria ($16,714 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Wire, of Nickel Alloys in Lithuania

In 2022, overseas shipments of nickel; wire, of nickel alloyses increased by 189% to 17 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports enjoyed a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, nickel; wire, of nickel alloys exports skyrocketed to $690K in 2022. In general, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Nickel; Wire, of Nickel Alloys from Lithuania in 2022:

1. Turkey (12.2 tons)
2. Serbia (1.6 tons)
3. Kazakhstan (1.5 tons)
4. Switzerland (1.1 tons)
5. Russia (0.4 tons)

Imports of Nickel; Wire, of Nickel Alloys in Lithuania

In 2022, purchases abroad of nickel; wire, of nickel alloyses was finally on the rise to reach 10 tons after two years of decline. Overall, imports, however, saw a deep contraction.

In value terms, nickel; wire, of nickel alloys imports surged to $682K in 2022. In general, imports showed buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Nickel; Wire, of Nickel Alloys to Lithuania in 2022:

1. Latvia (7.7 tons)
2. Czech Republic (1.5 tons)
3. Finland (0.2 tons)
4. Italy (0.1 tons)
5. Sweden (0.1 tons)
6. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform