Price for Nickel Oxides and Hydroxides in Ukraine - 2023
Contents:
- Price for Nickel Oxides and Hydroxides in Ukraine (CIF) - 2023
- Imports of Nickel Oxides and Hydroxides in Ukraine
Price for Nickel Oxides and Hydroxides in Ukraine (CIF) - 2023
In July 2023, the average nickel oxides and hydroxides import price amounted to $17,531 per ton, approximately reflecting the previous month. In general, the import price continues to indicate a noticeable slump. As a result, import price attained the peak level of $24,184 per ton. From September 2022 to July 2023, the average import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From August 2022 to July 2023, the rate of growth in terms of prices for China amounted to -2.9% per month.
Imports of Nickel Oxides and Hydroxides in Ukraine
In 2022, imports of nickel oxides and hydroxideses into Ukraine amounted to 65 tons, increasing by 6.2% compared with 2021 figures. Overall, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 8.8%. As a result, imports attained the peak of 89 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel oxides and hydroxides imports surged to $1.3M in 2022. The total import value increased at an average annual rate of +8.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Nickel Oxides and Hydroxides in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 768 | 598 | 230 | 1,341 | 20.4% |
| Russia | 290 | 583 | 663 | N/A | 51.2% |
| Others | 0.8 | N/A | 3.5 | N/A | 109.2% |
| Total | 1,059 | 1,181 | 896 | 1,341 | 8.2% |
Top Suppliers of Nickel Oxides and Hydroxides to Ukraine in 2022:
- China (64.8 tons)
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