World - Nickel - Market Analysis, Forecast, Size, Trends And Insights
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Nickel - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | Indonesia |
| 3 | Japan |
| 4 | Russia |
| 5 | United States |
In value terms, China led the market, alone. The second position in the ranking was occupied by Indonesia. It was followed by Japan.
From 2018 to 2020, the average annual rate of growth in terms of value in China stood at +1.9%. In the other countries, the average annual rates were as follows: Indonesia (+35.7% per year) and Japan (-10.5% per year).
Nickel Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Japan | 12968 | 13913 | 13387 | 1.6% |
| South Africa | 13487 | 14108 | 13460 | -0.1% |
| Norway | 13122 | 13660 | 13537 | 1.6% |
| Finland | 13163 | 13502 | 13550 | 1.5% |
| Australia | 13478 | 15538 | 13725 | 0.9% |
| Russia | 12818 | 13697 | 13747 | 3.6% |
| China | 13230 | 15909 | 13953 | 2.7% |
| Netherlands | 13548 | 13930 | 13960 | 1.5% |
| Canada | 14069 | 13860 | 14028 | -0.1% |
| Germany | 17439 | 17626 | 14621 | -8.4% |
| Belgium | 14496 | 14648 | 15056 | 1.9% |
| United Kingdom | 15489 | 16371 | 15923 | 1.4% |
| Average | 13672 | 14438 | 13936 | 1.0% |
Average prices varied noticeably amongst the major exporting countries. In 2020, major exporting countries recorded the following prices: in the UK ($15,923 per ton) and Belgium ($15,056 per ton), while Japan ($13,387 per ton) and South Africa ($13,460 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Russia, while the other global leaders experienced more modest paces of growth.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per ton | ||||
| Austria | 13230 | 13934 | 15927 | 9.7% |
| Japan | 13824 | 13871 | 14825 | 3.6% |
| Taiwan (Chinese) | 13176 | 14947 | 14292 | 4.1% |
| South Korea | 13783 | 13897 | 14232 | 1.6% |
| Italy | 13209 | 14148 | 14015 | 3.0% |
| China | 13825 | 13854 | 13997 | 0.6% |
| India | 14179 | 13828 | 13886 | -1.0% |
| Netherlands | 13225 | 13216 | 13827 | 2.3% |
| Singapore | 12696 | 16088 | 13727 | 4.0% |
| Germany | 13785 | 14151 | 13408 | -1.4% |
| United States | 13248 | 14088 | 13079 | -0.6% |
| France | 14566 | 16591 | 12672 | -6.7% |
| Belgium | 13065 | 13995 | 12266 | -3.1% |
| Average | 13707 | 14162 | 13799 | 0.3% |
Average prices varied somewhat amongst the major importing countries. In 2020, major importing countries recorded the following prices: in Austria ($15,927 per ton) and Japan ($14,825 per ton), while Belgium ($12,266 per ton) and France ($12,672 per ton) were amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the other global leaders experienced more modest paces of growth.
Nickel - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| China | 2.9 | 2.7 | 1.8 | -20.9% |
| Netherlands | 0.7 | 0.5 | 1.3 | 39.6% |
| United States | 1.6 | 1.4 | 1.2 | -11.0% |
| Germany | 1 | 0.9 | 0.8 | -12.7% |
| Japan | 0.7 | 0.7 | 0.5 | -17.7% |
In value terms, the largest nickel importing markets worldwide were China ($1.8B), the Netherlands ($1.3B) and the United States ($1.2B), together accounting for 44% of global imports. Germany, Japan, Italy, India, South Korea, Belgium, France, Taiwan (Chinese), Singapore and Austria lagged somewhat behind, together accounting for a further 42%.
Among the main importing countries, Singapore (+118.4% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Nickel - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| billion USD | ||||
| Russia | 1.8 | 1.9 | 1.9 | 3.1% |
| Canada | 1.6 | 1.5 | 1.5 | -3.6% |
| Australia | 2.5 | 2.1 | 1.4 | -25.1% |
| Netherlands | 0.6 | 0.7 | 1.4 | 55.6% |
| Norway | 1.2 | 1.3 | 1.2 | 2.1% |
In value terms, the largest nickel supplying countries worldwide were Russia ($1.9B), Canada ($1.5B) and Australia ($1.4B), together accounting for 44% of global exports. These countries were followed by the Netherlands, Norway, the UK, Finland, Japan, Belgium, South Africa, China and Germany, which together accounted for a further 48%.
South Africa (+111.5% per year) saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Nickel - Market Forecast
Driven by increasing demand for nickel worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.
Nickel - Product Coverage
- HS 750210 - Nickel; unwrought, not alloyed
- HS 750220 - Nickel; unwrought, alloys
This report provides an in-depth analysis of the global nickel market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24451100 - Nickel, unwrought
- Prodcom 24451110 -
- Prodcom 24451120 -
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Company coverage:
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
-
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
1168
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
782
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
983
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
1791
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
