Nickel; Unwrought, Alloys Price in New Zealand - 2023
Contents:
- Nickel; Unwrought, Alloys Price in New Zealand (CIF) - 2022
- Nickel; Unwrought, Alloys Price in New Zealand (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in New Zealand
- Nickel; Unwrought, Alloys Exports in New Zealand
Nickel; Unwrought, Alloys Price in New Zealand (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $32,273 per ton, picking up by 31% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2016 when the average import price increased by 50% against the previous year. Over the period under review, average import prices attained the maximum at $48,864 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($34,384 per ton), while the price for Australia stood at $29,211 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.4%), while the prices for the other major suppliers experienced a decline.
Nickel; Unwrought, Alloys Price in New Zealand (FOB) - 2022
In 2022, the average nickel; unwrought, alloys export price amounted to $16,163 per ton, stabilizing at the previous year. In general, the export price, however, saw a deep slump. The export price peaked at $49,066 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2016 to 2022, the rate of growth in terms of prices for the United States amounted to -16.9% per year.
Nickel; Unwrought, Alloys Imports in New Zealand
In 2022, imports of nickel; unwrought, alloyses into New Zealand skyrocketed to 3.8 tons, with an increase of 48% against the previous year. In general, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 447%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, nickel; unwrought, alloys imports skyrocketed to $124K in 2022. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 466%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Nickel; Unwrought, Alloys in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 5.5 | 4.3 | 8.9 | 75.1 | 139.0% |
| Australia | 7.3 | 5.2 | 51.3 | 48.2 | 87.6% |
| Others | 2.0 | 1.8 | 3.6 | 0.5 | -37.0% |
| Total | 14.8 | 11.3 | 63.8 | 124 | 103.1% |
Top Suppliers of Nickel; Unwrought, Alloys to New Zealand in 2022:
- Netherlands (2.2 tons)
- Australia (1.6 tons)
Nickel; Unwrought, Alloys Exports in New Zealand
In 2022, approx. 375 kg of nickel; unwrought, alloyses were exported from New Zealand; waning by -50% against the year before. Overall, exports faced a sharp downturn.
In value terms, nickel; unwrought, alloys exports dropped notably to $6.1K in 2022. In general, exports saw a dramatic decline.
| Export of Nickel; Unwrought, Alloys in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| United States | 1.5 | 6.1 | 306.7% | ||
| Australia | 10.6 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 12.1 | 6.1 | -49.6% | ||
Top Export Markets for Nickel; Unwrought, Alloys from New Zealand in 2022:
- United States (375.0 kg)
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This report provides an in-depth analysis of the nickel market in New Zealand.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the nickel market in New Zealand.
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This report provides an in-depth analysis of the nickel market in New Zealand.
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This report provides an in-depth analysis of the global nickel market.
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This report provides an in-depth analysis of the global nickel market.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
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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...
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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...
1000
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%
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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
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Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
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Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
1191
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...
819
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...
1000
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%
