Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada - 2024

Contents:

  1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (FOB) - 2024
  2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (CIF) - 2024
  3. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada
  4. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (FOB) - 2024

The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $13,357 per ton in December 2023, with a decrease of -9.2% against the previous month. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in July 2023 an increase of 4.8% against the previous month. Over the period under review, the average export prices reached the maximum at $26,613 per ton in January 2023; however, from February 2023 to December 2023, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Norway.

From January 2023 to December 2023, the rate of growth in terms of prices for Norway amounted to -6.1% per month.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (CIF) - 2024

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $4,928 per ton in December 2023, with an increase of 25% against the previous month. In general, the import price, however, recorded a noticeable downturn. The pace of growth appeared the most rapid in May 2023 an increase of 137% month-to-month. Over the period under review, average import prices attained the peak figure at $7,790 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Finland ($9,003 per ton), while the price for Taiwan (Chinese) ($1,161 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by France (+3.3%), while the prices for the other major suppliers experienced a decline.

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada

For the third year in a row, Canada recorded decline in shipments abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies, which decreased by -10.5% to 71K tons in 2022. Over the period under review, exports showed a abrupt curtailment. The smallest decline of -0.9% was in 2021.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies surged to $1.9B in 2022. In general, exports, however, continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway8118471,2031,82831.1%
United Kingdom20711967.910.6-62.9%
Others8.67.713.613.315.6%
Total1,0279741,2851,85121.7%

Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Canada in 2022:

  1. Norway (69.1K tons)
  2. United Kingdom (0.7K tons)

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada

For the fourth year in a row, Canada recorded growth in supplies from abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies, which increased by 119% to 69K tons in 2022. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $169M in 2022. Over the period under review, imports showed resilient growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Canada (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland61.029.636.810519.8%
Germany31.545.538.448.215.2%
United Kingdom2.31.81.95.533.7%
United States3.93.37.34.00.8%
Taiwan (Chinese)1.82.22.63.929.4%
Others0.59.60.71.750.4%
Total10192.087.616918.7%

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Canada in 2022:

  1. Germany (32.1K tons)
  2. Finland (24.9K tons)
  3. Taiwan (Chinese) (4.9K tons)
  4. United Kingdom (3.6K tons)
  5. United States (2.5K tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgy - Canada