Price for Nickel; Bars, Rods and Profiles, of Nickel Alloys in New Zealand - 2024

Contents:

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

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

In 2022, the average import price for nickel; bars, rods and profiles, of nickel alloyses amounted to $89,744 per ton, rising by 2.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by 56% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($133,400 per ton), while the price for Italy ($32,274 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+74.2%), 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 New Zealand (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, of nickel alloyses amounted to $7,062 per ton, which is down by -13% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 an increase of 83% against the previous year. The export price peaked at $22,286 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Australia ($14,363 per ton), while the average price for exports to the United States totaled $5,398 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (-0.5%).

Imports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in New Zealand

In 2022, approx. 3.2 tons of nickel; bars, rods and profiles, of nickel alloyses were imported into New Zealand; picking up by 153% against 2021 figures. Overall, imports, however, recorded a deep reduction.

In value terms, imports of nickel; bars, rods and profiles, of nickel alloyses skyrocketed to $290K in 2022. Over the period under review, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, of Nickel Alloys in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan6.11.27.6149190.1%
United States56.643.451.655.4-0.7%
Germany5.53.120.131.578.9%
ItalyN/AN/AN/A27.00%
Australia29.88.412.213.8-22.6%
China65.032.81.88.0-50.3%
United Kingdom1.41.34.05.052.9%
Switzerland13.8N/A3.5N/A-49.6%
Sweden8.43.66.4N/A-12.7%
Others13.66.14.5N/A-42.5%
Total20010011229013.2%

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

  1. Japan (1388.0 kg)
  2. Italy (836.0 kg)
  3. United States (415.0 kg)
  4. Germany (253.0 kg)
  5. China (137.0 kg)
  6. Australia (125.0 kg)
  7. United Kingdom (76.0 kg)

Exports of Nickel; Bars, Rods and Profiles, of Nickel Alloys in New Zealand

In 2022, the amount of nickel; bars, rods and profiles, of nickel alloyses exported from New Zealand rose remarkably to 4.9 tons, surging by 10% compared with 2021. The total export volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 32%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of nickel; bars, rods and profiles, of nickel alloyses shrank modestly to $34K in 2022. Overall, exports, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2021 with an increase of 9.1% against the previous year.

Export of Nickel; Bars, Rods and Profiles, of Nickel Alloys in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States12.411.029.321.119.4%
Australia24.37.56.313.1-18.6%
United Arab EmiratesN/A14.3N/AN/A0%
Others0.20.10.40.314.5%
Total36.933.036.034.5-2.2%

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

  1. United States (3.9 tons)
  2. Australia (0.9 tons)

Source: IndexBox Market Intelligence Platform

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