Eastern Europe: Nickel Powder Market 2025

Nickel Powder Market Size in Eastern Europe

After four years of decline, the East European nickel powder market increased by 27% to $X in 2021. The total consumption indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Nickel Powder Production in Eastern Europe

In value terms, nickel powder production expanded to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild downturn. The most prominent rate of growth was recorded in 2016 with an increase of 4.1% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Nickel Powder Exports

Exports in Eastern Europe

In 2021, overseas shipments of nickel powders and flakes decreased by -27.9% to X tons, falling for the second consecutive year after two years of growth. Overall, exports saw a noticeable downturn. The pace of growth appeared the most rapid in 2018 with an increase of 258%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, nickel powder exports declined rapidly to $X in 2021. Over the period under review, exports saw a pronounced contraction. The growth pace was the most rapid in 2018 with an increase of 232% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of nickel powders and flakes, namely Russia, represented more than two-thirds of total export.

Russia was also the fastest-growing in terms of the nickel powders and flakes exports, with a CAGR of -4.5% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Russia ($X) also remains the largest nickel powder supplier in Eastern Europe.

In Russia, nickel powder exports shrank by an average annual rate of -4.3% over the period from 2012-2021.

Export Prices by Country

The export price in Eastern Europe stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2021, the rate of growth in terms of prices for Russia amounted to +0.3% per year.

Nickel Powder Imports

Imports in Eastern Europe

In 2021, overseas purchases of nickel powders and flakes increased by 3.9% to X tons for the first time since 2016, thus ending a four-year declining trend. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when imports increased by 78%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, nickel powder imports skyrocketed to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when imports increased by 87%. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

Romania was the main importer of nickel powders and flakes in Eastern Europe, with the volume of imports resulting at X tons, which was approx. 39% of total imports in 2021. It was distantly followed by Poland (X tons), Russia (X tons), the Czech Republic (X tons) and Hungary (X tons), together committing a 49% share of total imports. The following importers - Ukraine (X tons) and Slovakia (X tons) - each amounted to a 7.8% share of total imports.

From 2012 to 2021, average annual rates of growth with regard to nickel powder imports into Romania stood at +1.9%. At the same time, Slovakia (+13.2%) and Ukraine (+10.0%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing importer imported in Eastern Europe, with a CAGR of +13.2% from 2012-2021. The Czech Republic experienced a relatively flat trend pattern. By contrast, Poland (-1.0%), Russia (-1.5%) and Hungary (-3.3%) illustrated a downward trend over the same period. Romania (+4.6 p.p.), Slovakia (+2.4 p.p.) and Ukraine (+2.3 p.p.) significantly strengthened its position in terms of the total imports, while Poland, Russia and Hungary saw its share reduced by -2.3%, -2.5% and -3.3% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest nickel powder importing markets in Eastern Europe were Romania ($X), Poland ($X) and Hungary ($X), with a combined 60% share of total imports. These countries were followed by Russia, the Czech Republic, Ukraine and Slovakia, which together accounted for a further 35%.

Slovakia, with a CAGR of +14.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Eastern Europe stood at $X per ton in 2021, jumping by 18% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hungary ($X per ton), while Slovakia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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