Price for Nickel; Plates, Sheets, Strip and Foil in Japan - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in Japan (FOB) - 2023
- Price for Nickel; Plates, Sheets, Strip and Foil in Japan (CIF) - 2023
- Exports of Nickel; Plates, Sheets, Strip and Foil in Japan
- Imports of Nickel; Plates, Sheets, Strip and Foil in Japan
Price for Nickel; Plates, Sheets, Strip and Foil in Japan (FOB) - 2023
In November 2023, the average export price for nickel; plates, sheets, strip and foils amounted to $33,422 per ton, with an increase of 5.9% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 47% month-to-month. As a result, the export price attained the peak level of $49,289 per ton. From April 2023 to November 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($71,412 per ton), while the average price for exports to Indonesia ($22,975 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil in Japan (CIF) - 2023
The average import price for nickel; plates, sheets, strip and foils stood at $52,243 per ton in November 2023, growing by 6.7% against the previous month. Over the period under review, the import price, however, recorded a mild setback. The pace of growth was the most pronounced in May 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $86,601 per ton. From June 2023 to November 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In November 2023, the countries with the highest prices were the United States ($45,354 per ton) and Germany ($44,344 per ton), while the price for France ($39,469 per ton) and China ($41,156 per ton) were amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Nickel; Plates, Sheets, Strip and Foil in Japan
In 2022, the amount of nickel; plates, sheets, strip and foils exported from Japan skyrocketed to 11K tons, surging by 27% against 2021 figures. The total export volume increased at an average annual rate of +6.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of nickel; plates, sheets, strip and foils skyrocketed to $293M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Nickel; Plates, Sheets, Strip and Foil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.6 | 70.1 | 81.2 | 111 | 37.6% |
| United States | 25.7 | 25.4 | 30.0 | 55.4 | 29.2% |
| South Korea | 31.8 | 20.8 | 29.3 | 50.1 | 16.4% |
| Germany | 15.6 | 8.8 | 2.7 | 20.9 | 10.2% |
| India | 34.7 | 23.6 | 15.9 | 18.8 | -18.5% |
| Indonesia | 5.1 | 4.2 | 6.6 | 8.5 | 18.6% |
| Italy | 7.1 | 4.6 | 4.3 | 5.5 | -8.2% |
| Others | 23.1 | 22.5 | 21.2 | 22.8 | -0.4% |
| Total | 186 | 180 | 191 | 293 | 16.4% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from Japan in 2022:
- China (5.5K tons)
- South Korea (1.6K tons)
- United States (0.9K tons)
- India (0.7K tons)
- Germany (0.7K tons)
- Indonesia (0.3K tons)
- Italy (0.2K tons)
Imports of Nickel; Plates, Sheets, Strip and Foil in Japan
In 2022, overseas purchases of nickel; plates, sheets, strip and foils decreased by -7.3% to 1.7K tons, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 1.6% against the previous year. As a result, imports reached the peak of 2.2K tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of nickel; plates, sheets, strip and foils soared to $83M in 2022. The total import value increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Nickel; Plates, Sheets, Strip and Foil in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 46.1 | 38.1 | 21.3 | 31.5 | -11.9% |
| Germany | 13.0 | 16.9 | 19.8 | 20.0 | 15.4% |
| France | 2.6 | 1.8 | 4.4 | 5.7 | 29.9% |
| China | 3.9 | 4.8 | 6.4 | 5.1 | 9.4% |
| South Korea | 0.5 | 2.1 | 4.7 | 3.3 | 87.6% |
| Others | 1.1 | 1.1 | 1.3 | 17.2 | 150.1% |
| Total | 67.1 | 64.8 | 57.9 | 82.9 | 7.3% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to Japan in 2022:
- United States (663.1 tons)
- Germany (578.0 tons)
- France (191.6 tons)
- China (116.9 tons)
- South Korea (106.3 tons)
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