Price for Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (FOB) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (CIF) - 2022
  3. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand
  4. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $84,527 per ton, approximately equating the previous year. In general, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2016 when the average export price increased by 7,427% against the previous year. The export price peaked at $406,500 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for the UK amounted to +304.4% per year.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (CIF) - 2022

The average import price for nickel; bars, rods and profiles, not alloyeds stood at $301,750 per ton in 2022, approximately equating the previous year. Over the period under review, the import price recorded significant growth. The pace of growth was the most pronounced in 2017 an increase of 43% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,163,000 per ton), while the price for the UK ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+49.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand

After two years of decline, shipments abroad of nickel; bars, rods and profiles, not alloyeds decreased by 0% to 110 kg in 2022. In general, exports recorded buoyant growth. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds stood at $9.3K in 2022. Overall, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New CaledoniaN/AN/AN/A9.30%
Fiji0.7N/AN/AN/A0%
Others4.6N/AN/AN/A0%
Total5.3N/AN/A9.320.6%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from New Zealand in 2022:

  1. New Caledonia (110.0 kg)

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand

In 2022, the amount of nickel; bars, rods and profiles, not alloyeds imported into New Zealand stood at 4 kg, remaining stable against 2021 figures. Overall, imports showed a significant decline. The smallest decline of 99.9% was in 2021.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds stood at $1.2K in 2022. In general, imports faced a sharp decline. The smallest decline of 99.9% was in 2021.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in New Zealand (USD)
COUNTRY202020212022CAGR,
2020-2022
United States2,232N/A1,163-27.8%
Australia65.0N/A22.0-41.8%
South Africa82.0N/A21.0-49.4%
United Kingdom1.0N/A1.00.0%
Japan32.0N/AN/A0%
OthersN/AN/AN/A0%
Total2,412N/A1,207-29.3%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to New Zealand in 2022:

  1. United States (1.0 kg)
  2. United Kingdom (1.0 kg)
  3. Australia (1.0 kg)
  4. South Africa (1.0 kg)

Source: IndexBox Market Intelligence Platform

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