Nickel; Unwrought, Alloys Price in Indonesia - 2022

Contents:

  1. Nickel; Unwrought, Alloys Price in Indonesia (CIF) - 2022
  2. Nickel; Unwrought, Alloys Imports in Indonesia

Nickel; Unwrought, Alloys Price in Indonesia (CIF) - 2022

The average nickel; unwrought, alloys import price stood at $32,765 per ton in 2022, growing by 58% against the previous year. Overall, the import price recorded a strong increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($45,026 per ton), while the price for Malaysia ($10,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+31.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Nickel; Unwrought, Alloys Imports in Indonesia

For the fourth year in a row, Indonesia recorded growth in overseas purchases of nickel; unwrought, alloyses, which increased by 9.4% to 12 tons in 2022. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 87% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, nickel; unwrought, alloys imports soared to $394K in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 162% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Nickel; Unwrought, Alloys in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea10.58.97.0161148.4%
Singapore12.416.527.6139123.8%
FinlandN/AN/AN/A59.20%
Germany0.14.48.917.2456.1%
China0.82.70.713.5156.5%
Malaysia2.91.82.40.1-67.5%
Norway20.2N/AN/AN/A0%
Taiwan (Chinese)3.83.653.8N/A276.3%
Australia3.37.543.1N/A261.4%
Madagascar9.117.624.1N/A62.7%
Others25.224.361.04.8-42.5%
Total88.487.422939464.6%

Top Suppliers of Nickel; Unwrought, Alloys to Indonesia in 2022:

  1. Malaysia (undefined tons)
  2. Singapore (5.3 tons)
  3. South Korea (3.6 tons)
  4. Finland (2.0 tons)
  5. Germany (0.6 tons)
  6. China (0.5 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel; unwrought, alloys - Indonesia