China - Nickel Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Ore Price in China - 2023
Contents:
- Nickel Ore Price in China (CIF) - 2023
- Nickel Ore Price in China (FOB) - 2022
- Nickel Ore Imports in China
- Nickel Ore Exports in China
Nickel Ore Price in China (CIF) - 2023
The average nickel ore import price stood at $79.8 per ton in September 2023, increasing by 33% against the previous month. Over the period under review, the import price, however, saw a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $150 per ton in February 2023; however, from March 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Guatemala ($142 per ton), while the price for the Philippines ($51.0 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Guatemala (+0.2%), while the prices for the other major suppliers experienced a decline.
Nickel Ore Price in China (FOB) - 2022
In 2022, the average nickel ore export price amounted to $1,850 per ton, growing by 7.3% against the previous year. Over the period under review, the export price, however, continues to indicate a deep slump. The growth pace was the most rapid in 2020 when the average export price increased by 152% against the previous year. The export price peaked at $5,504 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,598 per ton), while the average price for exports to the United States ($650 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+8.9%), while the prices for the other major destinations experienced mixed trend patterns.
Nickel Ore Imports in China
In 2022, approx. 40M tons of nickel ores and concentrates were imported into China; with a decrease of -8.1% on the year before. Overall, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 11% against the previous year.
In value terms, nickel ore imports expanded modestly to $4.5B in 2022. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Nickel Ore in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1,441 | 1,752 | 3,003 | 2,589 | 21.6% |
| New Caledonia | 120 | 250 | 305 | 356 | 43.7% |
| Guatemala | 2.8 | 20.8 | 74.2 | 165 | 289.1% |
| Indonesia | 1,807 | 193 | 48.1 | 54.8 | -68.8% |
| Others | 659 | 713 | 990 | 1,371 | 27.7% |
| Total | 4,030 | 2,928 | 4,420 | 4,536 | 4.0% |
Top Suppliers of Nickel Ore to China in 2022:
- Philippines (33.2M tons)
- New Caledonia (2.7M tons)
- Indonesia (1.1M tons)
- Guatemala (1.0M tons)
Nickel Ore Exports in China
In 2022, shipments abroad of nickel ores and concentrates was finally on the rise to reach 5.7K tons after two years of decline. Over the period under review, exports, however, continue to indicate a dramatic descent.
In value terms, nickel ore exports skyrocketed to $11M in 2022. Overall, total exports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -16.7% against 2020 indices. The pace of growth was the most pronounced in 2020 when exports increased by 37% against the previous year. As a result, the exports reached the peak of $13M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Nickel Ore in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | N/A | 1.7 | 6.9 | 305.9% |
| United States | 0.9 | 7.3 | 3.8 | 2.0 | 30.5% |
| Italy | 0.5 | 1.3 | 0.7 | 0.8 | 17.0% |
| South Korea | 1.3 | 0.2 | N/A | N/A | -84.6% |
| Germany | N/A | 2.8 | 0.1 | N/A | -96.4% |
| Malaysia | 4.9 | 0.6 | N/A | N/A | -87.8% |
| Lao People's Democratic Republic | 0.4 | N/A | N/A | N/A | 0% |
| Others | 1.1 | 0.6 | 2.2 | 0.9 | -6.5% |
| Total | 9.3 | 12.8 | 8.5 | 10.6 | 4.5% |
Top Export Markets for Nickel Ore from China in 2022:
- United States (3.1K tons)
- Czech Republic (2.1K tons)
- Italy (0.2K tons)
This report provides an in-depth analysis of the nickel ore market in China. 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 07291200 - Nickel ores and concentrates
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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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
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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
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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. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the nickel ore market in China.
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This report provides an in-depth analysis of the global nickel ore market.
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Global Nickel Ore Market Report 2019. This report provides an in-depth analysis of the global market for nickel ores and concentrates.
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This report provides an in-depth analysis of the nickel ore market in China.
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This report provides an in-depth analysis of the market for nickel ores and concentrates in China.
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This report provides an in-depth analysis of the global nickel ore market.
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Global Nickel Ore Market Report 2019. This report provides an in-depth analysis of the global market for nickel ores and concentrates.
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In September 2022, the nickel ore price stood at $87.8 per ton (CIF, China), falling by -6.4% against the previous month.
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In value terms, uranium and thorium ores and concentrates imports totaled $X in 2016. Overall, uranium and thorium ores and concentrates imports continue to indicate a slight growth. Global uranium...
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In value terms, uranium and thorium ores and concentrates exports totaled $X in 2016. In general, uranium and thorium ores and concentrates exports continue to indicate a drastic setback. In that yea...
