In January-November 2024, Ukraine increased imports of nickel and nickel products by 64.8% to $23.672 million. Nickel exports during this period amounted to only $585 thousand, which is 15% more than in the same period last year.
Nickel is used to make stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy and in chemicals.
In January-October 2024, Ukraine increased imports of nickel and products by 77.8% compared to the same period in 2023 to $22.109 million (in October – $2.891 million).
In addition, in 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million.
Exports of nickel and products for ten months of 2024 amounted to $572 thousand (in October – $64 thousand), while in January-October 2023 it was $257 thousand.
In 2023, exports of nickel and nickel products amounted to $532 thousand, while in 2022 they amounted to $1.268 million.
Nickel is used to make stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy, and in chemicals.
In January-September this year, Ukrainian enterprises increased imports of nickel and its products by 65.2% compared to the same period in 2023 to $19.219 million (in September – $619 thousand).
In the first nine months of 2024, exports of nickel and nickel products amounted to $508 thousand (in September, they were absent), while in January-September 2023 they amounted to $256 thousand. In 2023, Ukraine reduced imports of nickel and nickel products by 74.2% compared to 2022, to $15.391 million.
Nickel is used to produce stainless steel and for nickel plating. Nickel is also used in the production of batteries, powder metallurgy, and chemicals.
In January-August this year, Ukrainian companies increased imports of nickel and products by 68.5% compared to the same period in 2023 to $18.6 million (in August – $1.620 million).
At the same time, exports of nickel and products amounted to $508 thousand (in August – $85 thousand), while in January-August 2023 it was $201 thousand.
In 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million.
In January-June 2024, Ukraine increased imports of nickel and products by 68.3% compared to the same period in 2023 – up to $12.954 million (in June – $1.880 million),
In 2023, Ukraine decreased imports of nickel and products by 74.2% compared to 2022, to $15.391 million.
In 2023, exports of nickel and products amounted to $532 thousand, while in 2022 they amounted to $1,268 million.
Nickel is used to make stainless steel and for nickel plating. Nickel is also used in the production of batteries, in powder metallurgy and in chemicals.
Ukrainian enterprises in January-April 2024, according to customs statistics, increased imports of nickel and products by 60.1% compared to the same period of 2023 – up to $8.484 million (in April – $787 thousand million).
Ukraine in 2023 reduced imports of nickel and nickel products by 74.2% y-o-y in 2022 – to $15.391 mln. Ukraine in 2022 reduced imports of nickel and nickel products by 49.9% y-o-y in 2021 – to $59.754 mln.
The main area of nickel application is metallurgy. It is used in the production of high-alloy stainless steels. By adding nickel to the iron melt, metallurgists obtain strong and ductile alloys that are highly resistant to corrosion and high temperatures.
