Chlorides; of Nickel Price in Vietnam - 2022

Contents:

  1. Chlorides; of Nickel Price in Vietnam (CIF) - 2022
  2. Chlorides; of Nickel Price in Vietnam (FOB) - 2022
  3. Chlorides; of Nickel Imports in Vietnam
  4. Chlorides; of Nickel Exports in Vietnam

Chlorides; of Nickel Price in Vietnam (CIF) - 2022

The average chlorides; of nickel import price stood at $4,925 per ton in 2022, dropping by -4.1% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2017 an increase of 44%. Over the period under review, average import prices attained the maximum at $6,625 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($7,492 per ton), while the price for France ($1,006 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Nickel Price in Vietnam (FOB) - 2022

The average chlorides; of nickel export price stood at $12,974 per ton in 2022, waning by -6% against the previous year. Over the period under review, the export price faced a drastic downturn. The growth pace was the most rapid in 2021 when the average export price increased by 13% against the previous year. Over the period under review, the average export prices hit record highs at $68,891 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to -12.6% per year.

Chlorides; of Nickel Imports in Vietnam

In 2022, approx. 221 tons of chlorides; of nickels were imported into Vietnam; falling by -14.1% compared with 2021 figures. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2021 when imports increased by 39%.

In value terms, chlorides; of nickel imports shrank markedly to $1.1M in 2022. Over the period under review, imports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 54%.

Import of Chlorides; of Nickel in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)748438665572-8.6%
South Korea1341001221595.9%
Japan227172281128-17.4%
Germany15610891.891.2-16.4%
Hong Kong SAR25.414.918.616.0-14.3%
France16.615.215.813.6-6.4%
Others19.46.312510776.7%
Total1,3278551,3191,087-6.4%

Top Suppliers of Chlorides; of Nickel to Vietnam in 2022:

  1. Taiwan (Chinese) (120.5 tons)
  2. South Korea (35.0 tons)
  3. Japan (17.0 tons)
  4. Germany (13.7 tons)
  5. France (13.5 tons)
  6. Hong Kong SAR (4.4 tons)

Chlorides; of Nickel Exports in Vietnam

In 2022, after two years of decline, there was significant growth in overseas shipments of chlorides; of nickels, when their volume increased by 323% to 127 kg. Overall, exports, however, showed a sharp shrinkage.

In value terms, chlorides; of nickel exports soared to $1.6K in 2022. In general, exports, however, recorded a significant curtailment.

Export of Chlorides; of Nickel in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea5.32.90.41.6-32.9%
OthersN/AN/AN/AN/A0%
Total5.32.90.41.6-32.9%

Top Export Markets for Chlorides; of Nickel from Vietnam in 2022:

  1. South Korea (127.0 kg)

Source: IndexBox Market Intelligence Platform

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