Price for Nickel; Bars, Rods, Profiles and Wire in New Zealand - 2024
Contents:
- Price for Nickel; Bars, Rods, Profiles and Wire in New Zealand (CIF) - 2022
- Price for Nickel; Bars, Rods, Profiles and Wire in New Zealand (FOB) - 2022
- Imports of Nickel; Bars, Rods, Profiles and Wire in New Zealand
- Exports of Nickel; Bars, Rods, Profiles and Wire in New Zealand
Price for Nickel; Bars, Rods, Profiles and Wire in New Zealand (CIF) - 2022
The average import price for nickel; bars, rods, profiles and wires stood at $79,980 per ton in 2022, rising by 19% against the previous year. In general, the import price showed a resilient expansion. The pace of growth appeared the most rapid in 2017 an increase of 31%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($144,613 per ton), while the price for China ($30,312 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Bars, Rods, Profiles and Wire in New Zealand (FOB) - 2022
The average export price for nickel; bars, rods, profiles and wires stood at $84,527 per ton in 2022, surging by 941% against the previous year. Over the period under review, the export price saw a buoyant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for New Caledonia.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +9.1% per year.
Imports of Nickel; Bars, Rods, Profiles and Wire in New Zealand
Imports of nickel; bars, rods, profiles and wires into New Zealand surged to 4.7 tons in 2022, increasing by 21% on the previous year's figure. Over the period under review, imports, however, recorded a drastic downturn.
In value terms, imports of nickel; bars, rods, profiles and wires soared to $373K in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Bars, Rods, Profiles and Wire in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | N/A | 4.5 | 27.4 | 154 | 485.0% |
| United States | 52.0 | 123 | 120 | 72.2 | 11.6% |
| Germany | 32.6 | 25.4 | 31.7 | 35.1 | 2.5% |
| Italy | N/A | N/A | N/A | 27.5 | 0% |
| China | 110 | 2.9 | 8.7 | 23.1 | -40.6% |
| Switzerland | 8.6 | 4.4 | 4.2 | 21.0 | 34.7% |
| Australia | 18.6 | 14.4 | 13.8 | 16.3 | -4.3% |
| Sweden | 14.4 | 28.2 | 6.9 | 8.9 | -14.8% |
| United Kingdom | 10.2 | 23.3 | 27.5 | 7.4 | -10.1% |
| Others | 13.8 | 6.8 | 18.4 | 8.0 | -16.6% |
| Total | 261 | 233 | 258 | 373 | 12.6% |
Top Suppliers of Nickel; Bars, Rods, Profiles and Wire to New Zealand in 2022:
- Japan (1384.0 kg)
- Italy (797.0 kg)
- China (763.0 kg)
- United States (499.0 kg)
- Germany (390.0 kg)
- Australia (244.0 kg)
- Switzerland (187.0 kg)
- Sweden (172.0 kg)
- United Kingdom (81.0 kg)
Exports of Nickel; Bars, Rods, Profiles and Wire in New Zealand
In 2022, after two years of decline, there was significant decline in overseas shipments of nickel; bars, rods, profiles and wires, when their volume decreased by -97.5% to 110 kg. Overall, exports showed a precipitous contraction. The smallest decline of -23.4% was in 2020.
In value terms, exports of nickel; bars, rods, profiles and wires shrank remarkably to $9.3K in 2022. Over the period under review, exports showed a precipitous decline. The pace of growth was the most pronounced in 2021 when exports increased by 9.1% against the previous year.
| Export of Nickel; Bars, Rods, Profiles and Wire in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Caledonia | N/A | N/A | N/A | 9.3 | 0% |
| Australia | 36.9 | N/A | N/A | N/A | 0% |
| United States | N/A | 33.0 | 36.0 | N/A | 9.1% |
| Others | 0.7 | N/A | N/A | N/A | 0% |
| Total | 37.7 | 33.0 | 36.0 | 9.3 | -37.3% |
Top Export Markets for Nickel; Bars, Rods, Profiles and Wire from New Zealand in 2022:
- New Caledonia (110.0 kg)
1565
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