Turkey - Nickel Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Ore Price in Turkey - 2023
Contents:
- Nickel Ore Price in Turkey (FOB) - 2022
- Nickel Ore Price in Turkey (CIF) - 2022
- Nickel Ore Exports in Turkey
- Nickel Ore Imports in Turkey
Nickel Ore Price in Turkey (FOB) - 2022
In 2022, the average nickel ore export price amounted to $63 per ton, picking up by 8.7% against the previous year. Overall, the export price continues to indicate a temperate expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 221% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for North Macedonia amounted to -1.6% per year.
Nickel Ore Price in Turkey (CIF) - 2022
In 2022, the average nickel ore import price amounted to $6,261 per ton, which is down by -78.3% against the previous year. In general, the import price continues to indicate a deep slump. The growth pace was the most rapid in 2021 an increase of 18,787% against the previous year. As a result, import price attained the peak level of $28,806 per ton, and then dropped rapidly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Russia ($6,867 per ton), while the price for Serbia ($3,022 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+72.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Nickel Ore Exports in Turkey
In 2022, shipments abroad of nickel ores and concentrates decreased by -32% to 178K tons, falling for the second year in a row after two years of growth. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 837% against the previous year. As a result, the exports reached the peak of 342K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, nickel ore exports dropped markedly to $11M in 2022. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 966%. As a result, the exports reached the peak of $17M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Nickel Ore in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 16.8 | 14.8 | 10.8 | -19.8% |
| North Macedonia | 0.9 | N/A | N/A | N/A | 0% |
| Serbia | 0.7 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Total | 1.6 | 16.8 | 15.3 | 11.3 | 91.9% |
Top Export Markets for Nickel Ore from Turkey in 2022:
- China (177.6K tons)
Nickel Ore Imports in Turkey
In 2022, purchases abroad of nickel ores and concentrates decreased by -86.8% to 23 kg, falling for the second year in a row after two years of growth. Overall, imports recorded a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 625%. As a result, imports reached the peak of 1.4 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, nickel ore imports dropped markedly to $147 in 2022. Over the period under review, imports showed a precipitous descent. The pace of growth was the most pronounced in 2021 when imports increased by 2,163%. As a result, imports attained the peak of $5K, and then dropped significantly in the following year.
| Import of Nickel Ore in Turkey (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 103 | 0% |
| United States | 351 | N/A | N/A | 27.0 | -57.5% |
| Serbia | N/A | N/A | 1,629 | 10.0 | -99.4% |
| Venezuela | N/A | 109 | N/A | N/A | 0% |
| Kazakhstan | N/A | N/A | 3,336 | N/A | 0% |
| Taiwan (Chinese) | 1,016 | N/A | N/A | N/A | 0% |
| Australia | 301 | N/A | N/A | N/A | 0% |
| Others | 112 | 112 | 36.0 | 7.0 | -60.3% |
| Total | 1,780 | 221 | 5,001 | 147 | -56.5% |
Top Suppliers of Nickel Ore to Turkey in 2022:
- Russia (15.0 kg)
- United States (5.0 kg)
- Serbia (3.0 kg)
This report provides an in-depth analysis of the nickel ore market in Turkey. 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:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- 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 Turkey.
388
This report provides an in-depth analysis of the market for nickel ores and concentrates in Turkey.
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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 Turkey.
388
This report provides an in-depth analysis of the market for nickel ores and concentrates in Turkey.
594
This report provides an in-depth analysis of the global nickel ore market.
783
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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