Sulphates; of Nickel Price in Estonia - 2023
Contents:
- Sulphates; of Nickel Price in Estonia (CIF) - 2022
- Sulphates; of Nickel Price in Estonia (FOB) - 2022
- Sulphates; of Nickel Imports in Estonia
- Sulphates; of Nickel Exports in Estonia
Sulphates; of Nickel Price in Estonia (CIF) - 2022
The average sulphates; of nickel import price stood at $8,086 per ton in 2022, increasing by 35% against the previous year. Overall, the import price recorded a prominent increase. The pace of growth appeared the most rapid in 2014 when the average import price increased by 122% against the previous year. As a result, import price attained the peak level of $10,260 per ton. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($8,336 per ton) and Finland ($8,280 per ton), while the price for Belgium ($5,667 per ton) and Sweden ($6,375 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Nickel Price in Estonia (FOB) - 2022
In 2022, the average sulphates; of nickel export price amounted to $5,657 per ton, with a decrease of -5.9% against the previous year. Overall, the export price, however, saw tangible growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 40%. As a result, the export price attained the peak level of $6,014 per ton, and then declined in the following year.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2013 to 2022, the rate of growth in terms of prices for Latvia amounted to +0.1% per year.
Sulphates; of Nickel Imports in Estonia
In 2022, after three years of growth, there was significant decline in supplies from abroad of sulphates; of nickels, when their volume decreased by -17.7% to 14 tons. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 243% against the previous year. As a result, imports reached the peak of 17 tons, and then contracted sharply in the following year.
In value terms, sulphates; of nickel imports rose remarkably to $114K in 2022. Overall, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 268% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Sulphates; of Nickel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 16.1 | 28.0 | 72.5 | 100 | 83.8% |
| Sweden | N/A | N/A | N/A | 11.4 | 0% |
| Finland | N/A | N/A | 2.5 | 2.7 | 8.0% |
| Belgium | N/A | N/A | 27.9 | N/A | 0% |
| Germany | 5.6 | N/A | 0.1 | N/A | -86.6% |
| Others | 0.2 | N/A | 0.1 | N/A | -29.3% |
| Total | 21.9 | 28.0 | 103 | 114 | 73.3% |
Top Suppliers of Sulphates; of Nickel to Estonia in 2022:
- Belgium (undefined tons)
- France (12.0 tons)
- Sweden (1.8 tons)
- Finland (0.3 tons)
Sulphates; of Nickel Exports in Estonia
In 2022, sulphates; of nickel exports from Estonia surged to 5 tons, with an increase of 400% on the previous year's figure. Over the period under review, exports, however, saw a deep setback.
In value terms, sulphates; of nickel exports soared to $28K in 2022. In general, exports, however, recorded a perceptible downturn.
| Export of Sulphates; of Nickel in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | 6.0 | 28.3 | 371.7% | |
| Latvia | 30.4 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 30.4 | 6.0 | 28.3 | -3.5% | |
Top Export Markets for Sulphates; of Nickel from Estonia in 2022:
- Netherlands (5.0 tons)
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