Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia
  4. Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $28,604 per ton, declining by -10.2% against the previous year. Over the period under review, the import price saw a noticeable decrease. The growth pace was the most rapid in 2017 when the average import price increased by 21%. The import price peaked at $36,483 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($65,556 per ton), while the price for India ($18,043 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $17,494 per ton, declining by -5.8% against the previous year. Overall, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2013 an increase of 133% against the previous year. As a result, the export price attained the peak level of $89,763 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($28,453 per ton), while the average price for exports to Malaysia amounted to $15,321 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (-17.1%).

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia

In 2022, approx. 80 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into Indonesia; growing by 6.7% on the year before. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 32%.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses shrank to $2.3M in 2022. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2,0091,0471,0031,027-20.0%
Germany11512813041753.6%
China62.162.974.728666.4%
IndiaN/A0.675.31991721.2%
Hong Kong SAR40.10.3N/A12345.3%
United States51.995.625.469.610.3%
Singapore43217.479738.2-55.4%
Others278192293137-21.0%
Total2,9891,5432,3972,297-8.4%

Top Suppliers of Nickel; Bars, Rods and Profiles, of Nickel Alloys to Indonesia in 2022:

  1. Japan (33.5 tons)
  2. China (15.2 tons)
  3. Germany (11.1 tons)
  4. India (11.0 tons)
  5. Hong Kong SAR (2.2 tons)
  6. United States (2.1 tons)
  7. Singapore (0.9 tons)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia

In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses exported from Indonesia surged to 4.6 tons, with an increase of 3,949% against 2021. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses surged to $80K in 2022. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia8.4N/A2.058.591.0%
ChinaN/AN/AN/A21.50%
Others0.2N/A0.1N/A-29.3%
Total8.6N/A2.180.0110.3%

Top Export Markets for Nickel; Bars, Rods and Profiles, of Nickel Alloys from Indonesia in 2022:

  1. Malaysia (3.8 tons)
  2. China (0.8 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; bars, rods and profiles, of nickel alloys - Indonesia