
Ireland - Nickel (Unwrought) - Market Analysis, Forecast, Size, Trends and Insights
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Ireland: Nickel Market Overview 2020
Nickel Market Size in Ireland
The revenue of the nickel market in Ireland amounted to $X in 2017, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, nickel consumption continues to indicate a drastic reduction. The pace of growth was the most pronounced in 2010, when it surged by X% against the previous year. Over the period under review, the nickel market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.
Nickel Exports from Ireland
In 2017, nickel exports from Ireland stood at X kg, dropping by -X% against the previous year. Overall, nickel exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2008, when exports increased by X% y-o-y. In that year, the nickel exports attained their peak volume of X tonnes. From 2009 to 2017, growth of the nickel exports failed to regain its momentum.
In value terms, nickel exports amounted to $X in 2017. Overall, nickel exports continue to indicate a drastic shrinkage. In that year, the nickel exports attained their peak level of $X. From 2009 to 2017, growth of the nickel exports stood at a somewhat lower level.
Nickel Exports by Country from Ireland
The exports of the four major exporters of nickel (unwrought), namely Australia, Russia, Norway and Canada, represented more than third of total export. Malaysia (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by the Netherlands (X%), Finland (X%) and the UK (X%). Singapore (X tonnes), Japan (X tonnes), Belgium (X tonnes) and South Africa (X tonnes) occupied the minor share of total exports.
From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, Canada ($X), Russia ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2017, together comprising X% of total exports. Norway, Malaysia, the Netherlands, Finland, the UK, South Africa, Singapore, Japan, Belgium and Ireland lagged somewhat behind, together comprising a further X%.
In terms of the main exporting countries, Malaysia (+X% per year) experienced the highest rates of growth with regard to exports, over the last decade, while the other leaders experienced more modest paces of growth.
Nickel Export Prices by Country in Ireland
In 2017, the nickel export price in Ireland amounted to $X per kg, waning by -X% against the previous year. In general, nickel export price continues to indicate a deep drop. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% y-o-y. In that year, the export prices for nickel (unwrought) attained their peak level of $X per kg. From 2011 to 2017, growth of the export prices for nickel (unwrought) failed to regain its momentum.
There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Canada ($X per kg), while Singapore ($X per kg) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Africa (-X% per year), while the other leaders experienced a decline in the export price figures.
Nickel Imports into Ireland
In 2017, approx. X tonnes of nickel (unwrought) were imported into Ireland; jumping by X% against the previous year. In general, the total imports indicated a significant growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nickel imports increased by +X% against 2014 indices. The growth pace was the most rapid in 2015, when it surged by X% y-o-y. Over the period under review, the nickel imports reached its maximum volume in 2017, and are likely to see steady growth in the near future.
In value terms, nickel imports stood at $X in 2017. Overall, nickel imports continue to indicate an abrupt decline. Ireland imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.
Nickel Imports by Country into Ireland
The countries with the highest levels of nickel imports in 2017 were China (X tonnes), the U.S. (X tonnes), Switzerland (X tonnes), the Netherlands (X tonnes), Malaysia (X tonnes) and Germany (X tonnes), together resulting at X% of total import. Italy (X tonnes), France (X tonnes), Japan (X tonnes), Belgium (X tonnes), South Korea (X tonnes) and Taiwan, Chinese (X tonnes) followed a long way behind the leaders.
From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.
In value terms, the largest nickel markets worldwide were China ($X), the U.S. ($X) and the Netherlands ($X), together comprising X% of total imports. These countries were followed by Switzerland, Germany, Italy, Japan, France, Belgium, Taiwan, Chinese, South Korea, Malaysia and Ireland, which together accounted for a further X%.
Among the main importing countries, Malaysia (+X% per year) recorded the highest growth rate of imports, over the last decade, while the other leaders experienced a decline in the imports figures.
Nickel Import Prices by Country in Ireland
In 2017, the nickel import price in Ireland amounted to $X per kg, therefore, remained relatively stable against the previous year. Overall, nickel import price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2010, an increase of X% year-to-year. Ireland import price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.
Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per kg), while Malaysia ($X per tonne) was amongst the lowest.
From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Malaysia (-X% per year), while the other leaders experienced a decline in the import price figures.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the nickel market in Ireland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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