Finland: Nickel Ore Market 2020

Nickel Ore Market Size in Finland

The revenue of the nickel ore market in Finland amounted to $X in 2017, dropping by -X% against the previous year. In general, nickel ore consumption continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. In that year, the nickel ore market attained their peak level of $X. From 2015 to 2017, growth of the nickel ore market failed to regain its momentum.

Nickel Ore Production in Finland

In 2017, the amount of nickel ores and concentrates produced in Finland totaled X kg, leveling off at the previous year. Overall, nickel ore production continues to indicate a deep decrease. In that year, the nickel ore production attained their peak volume of X tons. From 2010 to 2017, growth of the nickel ore production failed to regain its momentum.

Nickel Ore Exports from Finland

In 2017, the amount of nickel ores and concentrates exported from Finland totaled X tons, dropping by -X% against the previous year. In general, nickel ore exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2016, when exports increased by X% year-to-year. Finland exports peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore exports stood at $X in 2017. Overall, the total exports indicated a prominent increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the nickel ore exports reached their peak level, and are likely to continue its growth in the immediate term.

Nickel Ore Exports by Country from Finland

The Philippines represented the main exporter of nickel ores and concentrates in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2017. Indonesia (X tons) held the second position in the ranking, followed by New Caledonia (X tons), Australia (X tons) and Finland (X tons). All these countries together held near X% share of total exports. Guatemala (X tons) and Canada (X tons) took the minor share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the largest nickel ore supplier from Finland, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

In Indonesia, nickel ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and New Caledonia (-X% per year).

Nickel Ore Export Prices by Country in Finland

The nickel ore export price in Finland stood at $X per ton in 2017, rising by X% against the previous year. In general, nickel ore export price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. In that year, the export prices for nickel ores and concentrates attained their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of destination; the country with the highest export price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

Nickel Ore Imports into Finland

In 2017, the amount of nickel ores and concentrates imported into Finland totaled X tons, dropping by -X% against the previous year. In general, nickel ore imports continue to indicate a precipitous decline. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. Over the period under review, the nickel ore imports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports totaled $X in 2017. Overall, nickel ore imports continue to indicate a deep downturn. Over the period under review, the nickel ore imports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Imports by Country into Finland

In 2017, China (X tons) and South Korea (X tons) were the main importers of nickel ores and concentrates in the globe, together achieving X% of total imports. Japan (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Ukraine (X%) and Macedonia (X%). The following importers - Greece (X tons) and China, Hong Kong SAR (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported nickel ores and concentrates into Finland, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China stood at -X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (-X% per year).

Nickel Ore Import Prices by Country in Finland

The nickel ore import price in Finland stood at $X per ton in 2017, increasing by X% against the previous year. In general, nickel ore import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017, when the import prices increased by X% y-o-y. Finland import price peaked of $X per ton in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform