Sulphates; of Nickel Price in Belarus - 2022
Contents:
- Sulphates; of Nickel Price in Belarus (CIF) - 2022
- Sulphates; of Nickel Price in Belarus (FOB) - 2022
- Sulphates; of Nickel Imports in Belarus
- Sulphates; of Nickel Exports in Belarus
Sulphates; of Nickel Price in Belarus (CIF) - 2022
The average sulphates; of nickel import price stood at $4,939 per ton in 2022, waning by -4% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 33%. The import price peaked at $5,144 per ton in 2021, and then reduced slightly in the following year.
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 Russia ($4,193 per ton), while the price for Belgium ($1,975 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-1.5%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Nickel Price in Belarus (FOB) - 2022
In 2022, the average sulphates; of nickel export price amounted to $6,500 per ton, with a decrease of -27.8% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 320% against the previous year. Over the period under review, the average export prices reached the peak figure at $9,000 per ton in 2021, and then reduced notably in the following year.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +17.6% per year.
Sulphates; of Nickel Imports in Belarus
In 2022, the amount of sulphates; of nickels imported into Belarus skyrocketed to 17 tons, growing by 15% against the previous year. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.6% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 102% against the previous year. As a result, imports attained the peak of 19 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, sulphates; of nickel imports rose remarkably to $83K in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 168% against the previous year. As a result, imports attained the peak of $91K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphates; of Nickel in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 3.0 | 34.8 | 21.3 | 23.1 | 97.5% |
| Russia | 25.3 | 44.7 | 12.9 | 10.8 | -24.7% |
| Germany | 3.0 | 5.6 | 1.8 | 1.4 | -22.4% |
| France | 2.1 | 4.2 | 1.4 | 1.2 | -17.0% |
| Others | 0.5 | 1.4 | 37.5 | 46.4 | 352.7% |
| Total | 33.9 | 90.7 | 74.9 | 82.8 | 34.7% |
Top Suppliers of Sulphates; of Nickel to Belarus in 2022:
- Austria (5.9 tons)
- Russia (2.6 tons)
- France (0.4 tons)
- Germany (0.4 tons)
Sulphates; of Nickel Exports in Belarus
Sulphates; of nickel exports from Belarus skyrocketed to 6 kg in 2022, jumping by 20% on the previous year's figure. Overall, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, sulphates; of nickel exports fell to $39 in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 57%.
| Export of Sulphates; of Nickel in Belarus (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 21.0 | 33.0 | 45.0 | 39.0 | 22.9% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 21.0 | 33.0 | 45.0 | 39.0 | 22.9% |
Top Export Markets for Sulphates; of Nickel from Belarus in 2022:
- Russia (6.0 kg)
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