Canada - Nickel Powders And Flakes - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNickel Powder Price in Canada - 2023
Contents:
- Nickel Powder Price in Canada (FOB) - 2023
- Nickel Powder Price in Canada (CIF) - 2023
- Nickel Powder Exports in Canada
- Nickel Powder Imports in Canada
Nickel Powder Price in Canada (FOB) - 2023
The average nickel powder export price stood at $30,306 per ton in June 2023, surging by 1.7% against the previous month. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 an increase of 15% month-to-month. Over the period under review, the average export prices attained the maximum at $32,085 per ton in June 2022; however, from July 2022 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($35,809 per ton), while the average price for exports to South Korea ($21,736 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Nickel Powder Price in Canada (CIF) - 2023
In June 2023, the average nickel powder import price amounted to $27,324 per ton, shrinking by -6.6% against the previous month. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in January 2023 when the average import price increased by 89% month-to-month. As a result, import price reached the peak level of $52,538 per ton. From February 2023 to June 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the UK ($47,041 per ton), while the price for Australia ($24,788 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel Powder Exports in Canada
Nickel powder exports from Canada amounted to 18K tons in 2022, with an increase of 6.6% on 2021 figures. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +99.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 87% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, nickel powder exports soared to $507M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 94%. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Nickel Powder in Canada (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 77.8 | 57.6 | 147 | 197 | 36.3% |
Japan | 112 | 66.6 | 62.6 | 106 | -1.8% |
Taiwan (Chinese) | 14.3 | 20.4 | 70.4 | 94.3 | 87.5% |
China | 13.9 | 8.2 | 30.4 | 40.8 | 43.2% |
South Korea | 13.8 | 8.9 | 13.6 | 18.3 | 9.9% |
Belgium | 15.1 | 10.0 | 12.9 | 17.3 | 4.6% |
Brazil | 0.9 | 3.5 | 10.7 | 14.4 | 152.0% |
Others | 14.5 | 10.7 | 13.2 | 17.9 | 7.3% |
Total | 263 | 186 | 361 | 507 | 24.5% |
Top Export Markets for Nickel Powder from Canada in 2022:
- United States (6.7K tons)
- Japan (4.0K tons)
- Taiwan (Chinese) (3.7K tons)
- China (1.6K tons)
- Belgium (0.8K tons)
- South Korea (0.7K tons)
- Brazil (0.5K tons)
Nickel Powder Imports in Canada
In 2022, nickel powder imports into Canada surged to 2.2K tons, with an increase of 50% on 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +54.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, nickel powder imports skyrocketed to $56M in 2022. Over the period under review, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Nickel Powder in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Australia | 10.1 | 11.0 | 8.8 | 17.5 | 20.1% |
China | 5.4 | 3.3 | 7.1 | 12.7 | 33.0% |
United Kingdom | 7.1 | 4.9 | 5.8 | 10.5 | 13.9% |
United States | 5.3 | 4.7 | 5.3 | 9.4 | 21.0% |
Russia | 0.3 | 0.2 | 1.4 | 2.5 | 102.7% |
Others | 2.3 | 2.4 | 2.2 | 3.5 | 15.0% |
Total | 30.5 | 26.5 | 30.7 | 56.1 | 22.5% |
Top Suppliers of Nickel Powder to Canada in 2022:
- Australia (872.6 tons)
- China (438.3 tons)
- United Kingdom (405.6 tons)
- United States (315.3 tons)
- Russia (83.2 tons)
This report provides an in-depth analysis of the nickel powder market in Canada. 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 24452100 - Nickel powders and flakes (excluding nickel oxide sinters)
Country coverage:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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
This report provides an in-depth analysis of the nickel powder market in Canada.
This report provides an in-depth analysis of the global nickel powder market.
This report provides an in-depth analysis of the nickel powder market in Canada.
This report provides an in-depth analysis of the global nickel powder market.
In July 2023, Nickel Powder saw a significant growth rate of 59% compared to the previous month. However, by December 2023, the value of nickel powder exports dropped dramatically to $21M.
In July 2023, the rate of growth for Nickel Powder was extremely high, reaching a remarkable increase of 59% compared to the previous month. However, the value of nickel powder exports experienced a significant decline, plummeting to $23M in October 2023.
In July 2023, the growth rate of Nickel Powder exports was remarkable, with a significant 59% increase compared to the previous month. However, the value of exports declined to $28 million in September 2023.
Nickel prices reached a decade high in January 2022, spiking by 12% from a month earlier. Rising global production is set to decrease the average annual nickel price by approx. 4% y/y in 2022.
In July 2023, Nickel Powder saw a significant growth rate of 59% compared to the previous month. However, by December 2023, the value of nickel powder exports dropped dramatically to $21M.
In July 2023, the rate of growth for Nickel Powder was extremely high, reaching a remarkable increase of 59% compared to the previous month. However, the value of nickel powder exports experienced a significant decline, plummeting to $23M in October 2023.
In July 2023, the growth rate of Nickel Powder exports was remarkable, with a significant 59% increase compared to the previous month. However, the value of exports declined to $28 million in September 2023.
Nickel prices reached a decade high in January 2022, spiking by 12% from a month earlier. Rising global production is set to decrease the average annual nickel price by approx. 4% y/y in 2022.