Price for Nickel; Waste and Scrap in Kazakhstan - 2022

Contents:

1. Price for Nickel; Waste and Scrap in Kazakhstan (FOB) - 2022
2. Price for Nickel; Waste and Scrap in Kazakhstan (CIF) - 2022
3. Exports of Nickel; Waste and Scrap in Kazakhstan
4. Imports of Nickel; Waste and Scrap in Kazakhstan

Price for Nickel; Waste and Scrap in Kazakhstan (FOB) - 2022

The average nickel; waste and scrap export price stood at $4,103 per ton in 2022, dropping by -20.9% against the previous year. Over the period under review, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 57%. The export price peaked at $10,022 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($5,579 per ton), while the average price for exports to Latvia ($2,758 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 Poland (+8.3%), while the prices for the other major destinations experienced a decline.

Price for Nickel; Waste and Scrap in Kazakhstan (CIF) - 2022

The average nickel; waste and scrap import price stood at $14,196 per ton in 2020, growing by 103% against the previous year. Over the period under review, the import price recorded significant growth. The pace of growth was the most pronounced in 2017 when the average import price increased by 141%. The import price peaked in 2020 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2020, amid the top importers, the country with the highest price was the UK ($14,269 per ton), while the price for Russia stood at $12,286 per ton.

From 2016 to 2020, the most notable rate of growth in terms of prices was attained by the UK (+103.6%).

Exports of Nickel; Waste and Scrap in Kazakhstan

After three years of growth, shipments abroad of nickel; waste and scraps decreased by -60.9% to 39 tons in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 212% against the previous year. As a result, the exports attained the peak of 100 tons, and then dropped dramatically in the following year.

In value terms, nickel; waste and scrap exports declined significantly to $160K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 153%. As a result, the exports attained the peak of $518K, and then shrank dramatically in the following year.

Top Export Markets for Nickel; Waste and Scrap from Kazakhstan in 2022:

1. Germany (24.3 tons)
2. Latvia (5.5 tons)
3. Lithuania (4.3 tons)
4. Netherlands (3.0 tons)
5. Poland (1.8 tons)

Imports of Nickel; Waste and Scrap in Kazakhstan

In 2020, approx. 189 kg of nickel; waste and scraps were imported into Kazakhstan; dropping by -92.6% against the year before. In general, imports continue to indicate a sharp reduction.

In value terms, nickel; waste and scrap imports dropped sharply to $2.7K in 2020. Overall, imports saw a sharp curtailment.

Top Suppliers of Nickel; Waste and Scrap to Kazakhstan in 2022:

1. United Kingdom (182.0 kg)
2. Russia (7.0 kg)

Source: IndexBox Market Intelligence Platform