Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania - 2023

Contents:

  1. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (CIF) - 2022
  2. Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (FOB) - 2022
  3. Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania
  4. Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (CIF) - 2022

The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $65,178 per ton in 2022, increasing by 114% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($67,462 per ton), while the price for the Netherlands ($26,153 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (FOB) - 2022

The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $50,180 per ton in 2022, increasing by 72% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 150% against the previous year. As a result, the export price reached the peak level of $125,320 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($56,820 per ton), while the average price for exports to Kazakhstan ($19,705 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 Russia (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania

In 2022, purchases abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -82.2% to 3.4 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 348%.

In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses declined rapidly to $220K in 2022. Overall, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 217% against the previous year.

Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States39.035.848.420674.2%
Poland10.80.387.410.4-1.3%
NetherlandsN/A14.80.13.1-54.2%
AustriaN/A75.8431N/A468.6%
Others8.256.88.40.4-63.5%
Total57.918457622056.0%

Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Lithuania in 2022:

  1. United States (3049.0 kg)
  2. Poland (194.0 kg)
  3. Netherlands (118.0 kg)

Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania

After three years of growth, shipments abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -94% to 1.2 tons in 2022. Over the period under review, exports faced a abrupt setback. The most prominent rate of growth was recorded in 2020 when exports increased by 442%.

In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses shrank sharply to $61K in 2022. In general, exports showed a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 230%.

Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia70.421856654.1-8.4%
KazakhstanN/A42.029.53.8-69.9%
ArmeniaN/AN/AN/A3.10%
Others10.46.8N/A0.1-78.7%
Total80.826759561.2-8.8%

Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Lithuania in 2022:

  1. Russia (952.0 kg)
  2. Kazakhstan (193.0 kg)
  3. Armenia (73.0 kg)

Source: IndexBox Market Intelligence Platform

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