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

Contents:

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

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

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $7,815 per ton in 2022, with a decrease of -11.7% against the previous year. In general, the import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2015 an increase of 64% against the previous year. The import price peaked at $15,549 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for South Korea.

From 2012 to 2022, the rate of growth in terms of prices for France amounted to +31.0% per year.

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

The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $5,973 per ton in 2022, surging by 65% against the previous year. Over the period under review, the export price posted a significant expansion. The pace of growth appeared the most rapid in 2018 an increase of 73%. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($8,524 per ton), while the average price for exports to China amounted to $5,824 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+22.1%).

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

In 2022, purchases abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -1.4% to 18 tons, falling for the second consecutive year after two years of growth. Overall, imports, however, posted significant growth. The growth pace was the most rapid in 2020 when imports increased by 126% against the previous year. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies declined to $137K in 2022. In general, imports, however, saw a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by 120% against the previous year. As a result, imports reached the peak of $180K. From 2021 to 2022, the growth of imports of remained at a lower figure.

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

1. South Korea (17.4 tons)

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

In 2022, shipments abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -72.7% to 18 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 166%.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies reduced sharply to $110K in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 237% against the previous year.

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

1. China (17.4 tons)
2. Germany (1.0 tons)

Source: IndexBox Market Intelligence Platform