Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia - 2022

Contents:

1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia (FOB) - 2022
2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia (CIF) - 2022
3. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia
4. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia (FOB) - 2022

In March 2022, the average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $8,514 per ton, surging by 30% against the previous month. In general, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in October 2021 when the average export price increased by 101% month-to-month. As a result, the export price attained the peak level of $12,185 per ton. From November 2021 to March 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Japan ($15,195 per ton), while the average price for exports to Malaysia ($6,652 per ton) was amongst the lowest.

From March 2021 to March 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Indonesia (CIF) - 2022

In 2022, the average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $28,701 per ton, increasing by 35% against the previous year. Over the period under review, the import price, however, faced a deep reduction. The import price peaked at $86,205 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 United States ($482,694 per ton), while the price for Taiwan (Chinese) ($3,724 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+36.1%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies from Indonesia surged to 769K tons in 2022, rising by 342% against the previous year's figure. Overall, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $6B in 2022. In general, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. China (624.8K tons)
2. Japan (75.4K tons)
3. United Kingdom (36.0K tons)
4. Taiwan (Chinese) (6.6K tons)

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

In 2022, the amount of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies imported into Indonesia fell significantly to 38 tons, dropping by -47.7% on the year before. Overall, imports recorded a significant decrease. The smallest decline of -12.5% was in 2021.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies dropped rapidly to $1.1M in 2022. Over the period under review, imports continue to indicate a dramatic slump. The smallest decline of -22.8% was in 2021.

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

1. Taiwan (Chinese) (23.7 tons)
2. Japan (12.4 tons)
3. United States (1.4 tons)

Source: IndexBox Market Intelligence Platform