Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China - 2023
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China (CIF) - 2023
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China (CIF) - 2023
The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $30,608 per ton in December 2023, dropping by -9.2% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 16% against the previous month. The import price peaked at $35,080 per ton in August 2023; however, from September 2023 to December 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($54,424 per ton), while the price for Sweden ($18,564 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the United States (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China (FOB) - 2022
In 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $20,415 per ton, dropping by -6.9% against the previous year. Over the period under review, the export price recorded a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 22% against the previous year. Over the period under review, the average export prices attained the maximum at $39,618 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($39,874 per ton), while the average price for exports to the United Arab Emirates ($9,189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China
In 2022, imports of nickel; plates, sheets, strip and foil, of nickel alloyses into China expanded markedly to 11K tons, with an increase of 14% on 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +25.3% 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 +96.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $314M in 2022. Overall, imports posted significant growth. 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, of Nickel Alloys in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 73.9 | 89.6 | 121 | 123 | 18.5% |
Japan | 29.1 | 62.2 | 67.2 | 99.3 | 50.6% |
Germany | 43.7 | 40.2 | 38.0 | 71.3 | 17.7% |
Sweden | N/A | 1.3 | 0.1 | 8.2 | 151.2% |
France | 5.8 | 6.2 | 4.9 | 5.6 | -1.2% |
Austria | 0.5 | 0.3 | 0.2 | 5.0 | 115.4% |
Others | 4.7 | 3.2 | 3.9 | 2.3 | -21.2% |
Total | 158 | 203 | 235 | 314 | 25.7% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to China in 2022:
- Japan (5.1K tons)
- United States (3.3K tons)
- Germany (2.2K tons)
- Sweden (0.5K tons)
- France (0.2K tons)
- Austria (0.2K tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China
In 2022, exports of nickel; plates, sheets, strip and foil, of nickel alloyses from China surged to 2.7K tons, with an increase of 74% on 2021. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 224%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses surged to $56M in 2022. Overall, exports showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 219%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in China (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 5.8 | 0.8 | 2.7 | 14.0 | 34.1% |
United States | 0.2 | 0.3 | 0.7 | 7.0 | 227.1% |
Iran | 0.4 | 0.5 | 0.5 | 6.3 | 150.7% |
South Korea | 0.9 | 0.7 | 1.5 | 5.5 | 82.8% |
Russia | 0.9 | 1.5 | 1.1 | 5.1 | 78.3% |
India | 0.6 | 0.8 | 19.5 | 3.9 | 86.6% |
Taiwan (Chinese) | 4.4 | 2.5 | 2.4 | 3.6 | -6.5% |
Hong Kong SAR | N/A | N/A | 0.3 | 1.9 | 533.3% |
Italy | 0.3 | 0.3 | 0.4 | 1.4 | 67.1% |
France | 0.9 | 0.4 | 1.1 | 1.3 | 13.0% |
United Arab Emirates | N/A | N/A | 0.1 | 0.8 | 700.0% |
Pakistan | 2.1 | 0.8 | 0.2 | 0.5 | -38.0% |
Others | 2.4 | 2.3 | 4.0 | 4.6 | 24.2% |
Total | 19.0 | 10.8 | 34.5 | 56.0 | 43.4% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from China in 2022:
- Singapore (1299.8 tons)
- Iran (231.9 tons)
- United States (202.8 tons)
- India (163.2 tons)
- South Korea (137.8 tons)
- Russia (129.1 tons)
- Taiwan (Chinese) (105.6 tons)
- United Arab Emirates (82.0 tons)
- Italy (77.1 tons)
- Hong Kong SAR (66.6 tons)
- France (43.0 tons)
- Pakistan (36.0 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in China.
Global Market for Nickel And Nickel Alloy Plate. This report provides an in-depth analysis of the global market for nickel and nickel alloy plate.
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