Nickel; Unwrought, Alloys Price in Vietnam - 2021
Contents:
- Nickel; Unwrought, Alloys Price in Vietnam (CIF) - 2022
- Nickel; Unwrought, Alloys Price in Vietnam (FOB) - 2022
- Nickel; Unwrought, Alloys Imports in Vietnam
- Nickel; Unwrought, Alloys Exports in Vietnam
Nickel; Unwrought, Alloys Price in Vietnam (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $22,063 per ton, rising by 5.1% against the previous year. In general, the import price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2019 an increase of 27% against the previous year. As a result, import price reached the peak level of $35,025 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hong Kong SAR ($79,359 per ton), while the price for Germany ($12,562 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Price in Vietnam (FOB) - 2022
In 2021, the average nickel; unwrought, alloys export price amounted to $14,975 per ton, which is down by -4.8% against the previous year. Overall, the export price, however, posted moderate growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 34%. Over the period under review, the average export prices reached the maximum at $19,348 per ton in 2019; however, from 2020 to 2021, 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 Italy.
From 2012 to 2021, the rate of growth in terms of prices for the United States amounted to 0.0% per year.
Nickel; Unwrought, Alloys Imports in Vietnam
In 2022, supplies from abroad of nickel; unwrought, alloyses decreased by -36% to 25 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 263% against the previous year. As a result, imports attained the peak of 39 tons, and then contracted markedly in the following year.
In value terms, nickel; unwrought, alloys imports reduced rapidly to $551K in 2022. Over the period under review, imports, however, posted a strong increase. The pace of growth appeared the most rapid in 2021 when imports increased by 189% against the previous year. As a result, imports reached the peak of $819K, and then reduced notably in the following year.
| Import of Nickel; Unwrought, Alloys in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 55.4 | 9.6 | 124 | 237 | 62.3% |
| Taiwan (Chinese) | 229 | 222 | 464 | 82.6 | -28.8% |
| Japan | 16.9 | 33.8 | 100 | 57.0 | 50.0% |
| Hong Kong SAR | N/A | N/A | N/A | 36.7 | 0% |
| China | 10.7 | 11.0 | 40.8 | 30.8 | 42.3% |
| Germany | 1.0 | 1.3 | 29.6 | 21.7 | 178.9% |
| Singapore | 16.0 | 2.6 | 21.0 | 15.1 | -1.9% |
| Others | 9.7 | 3.2 | 39.9 | 70.1 | 93.3% |
| Total | 339 | 283 | 819 | 551 | 17.6% |
Top Suppliers of Nickel; Unwrought, Alloys to Vietnam in 2022:
- United States (10.7 tons)
- Taiwan (Chinese) (3.5 tons)
- Japan (1.8 tons)
- Germany (1.7 tons)
- China (1.6 tons)
- Hong Kong SAR (0.5 tons)
- Singapore (0.3 tons)
Nickel; Unwrought, Alloys Exports in Vietnam
Nickel; unwrought, alloys exports from Vietnam soared to 320 kg in 2021, surging by 2,033% against the previous year. Overall, exports, however, showed a abrupt descent.
In value terms, nickel; unwrought, alloys exports skyrocketed to $4.8K in 2021. Over the period under review, exports, however, showed a sharp reduction.
| Export of Nickel; Unwrought, Alloys in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Italy | N/A | N/A | 2.4 | 0% | |
| China | 9.1 | N/A | N/A | 0% | |
| Lao People's Democratic Republic | N/A | 0.1 | N/A | 0% | |
| Others | N/A | 0.1 | 2.4 | 2300.0% | |
| Total | 9.1 | 0.2 | 4.8 | -27.4% | |
Top Export Markets for Nickel; Unwrought, Alloys from Vietnam in 2022:
- Italy (160.0 kg)
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This report provides an in-depth analysis of the nickel market in Vietnam.
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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 Vietnam.
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This report provides an in-depth analysis of the nickel market in Vietnam.
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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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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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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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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.
85
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%
