Northern America: Nickel Matte Market 2020

Nickel Matte Market Size in Northern America

The revenue of the nickel matte market in Northern America amounted to $X in 2017, declining by -X% against the previous year. The nickel matte consumption continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2010, when market value increased by X% y-o-y. Over the period under review, the nickel matte market reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Matte Production in Northern America

In 2017, the amount of nickel mattes and nickel oxide sinters produced in Northern America totaled X tons, declining by -X% against the previous year. The nickel matte production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. Over the period under review, the nickel matte production reached its maximum volume of X tons in 2016, and then declined slightly in the following year.

Nickel Matte Exports in Northern America

The exports stood at X tons in 2017, picking up by X% against the previous year. The nickel matte exports continue to indicate a slight drop. The pace of growth was the most pronounced in 2014, when exports increased by X% against the previous year. The volume of exports peaked of X tons in 2015; however, from 2016 to 2017, it failed to regain its momentum.

In value terms, nickel matte exports amounted to $X in 2017. The nickel matte exports continue to indicate a deep drop. The level of exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Matte Exports by Country in Northern America

Canada dominates nickel matte exports structure, reaching X tons, which was near X% of total exports in 2017. The U.S. (X tons) occupied the minor share of total exports.

From 2007 to 2017, average annual rates of growth with regard to nickel matte exports from Canada stood at -X%. At the same time, the U.S. (+X%) displayed positive paces of growth. Moreover, the U.S. emerged as the fastest growing exporter in Northern America, with a CAGR of +X% from 2007-2017. While the share of Canada (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) remains the largest nickel matte supplier in Northern America, making up X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports.

In Canada, nickel matte exports plunged by an average annual rate of -X% over the period from 2007-2017.

Nickel Matte Export Prices by Country in Northern America

The nickel matte export price in Northern America stood at $X per ton in 2017, reducing by -X% against the previous year. The nickel matte export price continues to indicate a drastic setback. The growth pace was the most rapid in 2010, when the export prices increased by X% y-o-y. The level of export price peaked of $X per kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the U.S. ($X per ton) and Canada ($X per ton), while Canada ($X per ton) and the U.S. ($X per ton) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (-X% per year).

Nickel Matte Imports in Northern America

The imports stood at X tons in 2017, coming up by X% against the previous year. The nickel matte imports continue to indicate a deep setback. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel matte imports stood at $X in 2017. The nickel matte imports continue to indicate an abrupt deduction. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Matte Imports by Country in Northern America

In 2017, Canada (X tons) were the major importers of nickel mattes and nickel oxide sinters in Northern America, making up X% of total import.

Canada was also the fastest growing in terms of the nickel mattes and nickel oxide sinters imports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of Canada increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Canada ($X) constitutes the largest market for imported nickel mattes and nickel oxide sinters in Northern America.

From 2007 to 2017, the average annual growth rate of value in Canada stood at -X%.

Nickel Matte Import Prices by Country in Northern America

In 2017, the nickel matte import price in Northern America amounted to $X per ton, reducing by -X% against the previous year. The import price indicated a moderate increase from 2007 to 2017: its price 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 matte import price decreased by -X% against 2012 indices. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The level of import price peaked of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

As there is only one major export destination, the average price level is determined by import prices for Canada.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Canada (+X% per year).

Source: IndexBox Platform