Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore - 2022
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (CIF) - 2022
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (CIF) - 2022
In 2022, the average import price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $26,703 per ton, jumping by 79% against the previous year. Overall, the import price saw noticeable growth. The import price peaked at $50,493 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($116,916 per ton), while the price for China ($8,008 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+10.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (FOB) - 2022
In September 2022, the average export price for nickel; plates, sheets, strip and foil, of nickel alloyses amounted to $33,048 per ton, jumping by 65% against the previous month. In general, the export price enjoyed a moderate expansion. Over the period under review, the average export prices hit record highs at $43,096 per ton in July 2022; however, from August 2022 to September 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In September 2022, the country with the highest price was Indonesia ($44,077 per ton), while the average price for exports to Malaysia stood at $29,806 per ton.
From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.1%).
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore
In 2022, supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -63.8% to 345 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 90%. As a result, imports reached the peak of 1.3K 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 foil, of nickel alloyses dropped significantly to $9.2M in 2022. Overall, imports continue to indicate a perceptible setback. The growth pace was the most rapid in 2020 with an increase of 82%. As a result, imports attained the peak of $19M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 7.3 | 7.1 | 5.0 | 4.6 | -14.3% |
Indonesia | 0.2 | N/A | N/A | 1.5 | 95.7% |
Germany | 0.5 | 0.4 | 0.5 | 1.1 | 30.1% |
Malaysia | 1.2 | 0.7 | 0.7 | 0.7 | -16.4% |
Sweden | N/A | 1.9 | 7.0 | 0.4 | -54.1% |
France | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
China | 0.7 | 8.6 | 0.3 | 0.2 | -34.1% |
Others | 0.6 | 0.6 | 0.6 | 0.4 | -12.6% |
Total | 10.7 | 19.4 | 14.2 | 9.2 | -4.9% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Singapore in 2022:
- Indonesia (101.9 tons)
- Malaysia (79.6 tons)
- United States (39.0 tons)
- Sweden (34.8 tons)
- Germany (34.5 tons)
- China (30.4 tons)
- France (7.7 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore
In 2022, overseas shipments of nickel; plates, sheets, strip and foil, of nickel alloyses decreased by -78.9% to 322 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 with an increase of 64%.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses contracted markedly to $7.6M in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 69% against the previous year.
Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Singapore (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | 1.9 | 3.4 | 8.7 | 3.7 | 24.9% |
Malaysia | 7.3 | 6.4 | 5.8 | 3.6 | -21.0% |
China | 0.9 | N/A | N/A | 0.2 | -39.4% |
Netherlands | N/A | 8.0 | 9.7 | N/A | 21.2% |
Others | 0.9 | 0.7 | 0.1 | 0.1 | -51.9% |
Total | 10.9 | 18.5 | 24.3 | 7.6 | -11.3% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Singapore in 2022:
- Malaysia (175.9 tons)
- Indonesia (135.6 tons)
- China (5.9 tons)
- Netherlands (2.4 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in Singapore.
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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