Nickel; Unwrought, Alloys Price in Lithuania - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Lithuania (FOB) - 2022
- Nickel; Unwrought, Alloys Price in Lithuania (CIF) - 2022
- Nickel; Unwrought, Alloys Exports in Lithuania
- Nickel; Unwrought, Alloys Imports in Lithuania
Nickel; Unwrought, Alloys Price in Lithuania (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $61,873 per ton, picking up by 6.2% against the previous year. Over the period under review, the export price saw prominent growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 123% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.
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 +6.7% per year.
Nickel; Unwrought, Alloys Price in Lithuania (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $30,000 per ton, dropping by -50.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 74%. Over the period under review, average import prices hit record highs at $60,920 per ton in 2021, and then fell remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +3.8% per year.
Nickel; Unwrought, Alloys Exports in Lithuania
In 2022, shipments abroad of nickel; unwrought, alloyses decreased by -69.5% to 865 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 56% against the previous year. As a result, the exports attained the peak of 6.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nickel; unwrought, alloys exports contracted dramatically to $54K in 2022. In general, exports showed a precipitous slump. The pace of growth appeared the most rapid in 2020 with an increase of 34%. As a result, the exports reached the peak of $245K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Nickel; Unwrought, Alloys in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 136 | 217 | 94.4 | 53.5 | -26.7% |
| Turkmenistan | N/A | 26.6 | N/A | N/A | 0% |
| Uzbekistan | 46.4 | N/A | 70.6 | N/A | 23.4% |
| Others | 0.1 | 0.7 | N/A | N/A | 600.0% |
| Total | 182 | 245 | 165 | 53.5 | -33.5% |
Top Export Markets for Nickel; Unwrought, Alloys from Lithuania in 2022:
- Russia (865.0 kg)
Nickel; Unwrought, Alloys Imports in Lithuania
In 2022, purchases abroad of nickel; unwrought, alloyses decreased by 99.9% to 1 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 51% against the previous year. As a result, imports attained the peak of 5 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel; unwrought, alloys imports dropped significantly to $30 in 2022. In general, imports recorded a sharp descent. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. As a result, imports attained the peak of $179K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Nickel; Unwrought, Alloys in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.5 | 26.7 | 0.2 | N/A | -92.2% |
| Sweden | 12.6 | N/A | N/A | N/A | 0% |
| United Kingdom | 26.6 | 99.4 | N/A | N/A | 273.7% |
| Italy | 42.7 | 52.6 | 121 | N/A | 68.3% |
| Others | 0.1 | 0.9 | 0.6 | N/A | 144.9% |
| Total | 115 | 179 | 122 | N/A | 3.0% |
Top Suppliers of Nickel; Unwrought, Alloys to Lithuania in 2022:
- Germany (1.0 kg)
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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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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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...
1001
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%
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The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
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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.
1192
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...
820
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...
1001
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%
