Northern America: Nickel Ore Market 2020

Nickel Ore Market Size in Northern America

The revenue of the nickel ore market in Northern America amounted to $X in 2017, increasing by X% against the previous year. The nickel ore consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. The level of nickel ore consumption peaked of $X in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Nickel Ore Production in Northern America

In 2017, the amount of nickel ores and concentrates produced in Northern America totaled X tons, standing approx. at the previous year. The nickel ore production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008, with an increase of X% y-o-y. Over the period under review, the nickel ore production attained its maximum volume in 2017, and is likely to continue its growth in the immediate term.

Nickel Ore Exports

Exports in Northern America

In 2017, nickel ore exports in Northern America stood at X tons, going down by -X% against the previous year. The nickel ore exports continue to indicate a deep deduction. The growth pace was the most rapid in 2011, when it surged by X% y-o-y. The volume of exports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore exports amounted to $X in 2017. The nickel ore exports continue to indicate a drastic decline. Over the period under review, the nickel ore exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Exports by Country

Canada dominates nickel ore exports structure, amounting to X tons, which was approx. X% of total exports in 2017. It was distantly followed by the U.S. (X tons), achieving X% share of total exports.

Canada was also the fastest growing in terms of the nickel ores and concentrates exports, with a CAGR of -X% from 2007 to 2017. the U.S. (-X%) illustrated a downward trend over the same period. While the share of Canada (X%) and the U.S. (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

The nickel ore export price in Northern America stood at $X per ton in 2017, picking up by X% against the previous year. The nickel ore export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when the export prices increased by X% against the previous year. Over the period under review, the export prices for nickel ores and concentrates reached its peak figure level of $X per ton in 2008; however, from 2009 to 2017, it failed to regain its momentum.

Average export prices varied somewhat amongst the major exporting countries. In 2017, the country with the highest export price was Canada ($X per ton), while the U.S. ($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 Canada (+X% per year).

Nickel Ore Imports

Imports in Northern America

The imports stood at X tons in 2017, jumping by X% against the previous year. The nickel ore imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when imports increased by X% y-o-y. Over the period under review, the nickel ore imports reached its peak figure volume of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore imports totaled $X in 2017. The nickel ore imports continue to indicate a temperate contraction. The level of imports peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Imports by Country

Canada prevails in nickel ore imports structure, resulting at X tons, which was near X% of total imports in 2017. The U.S. (X tons) followed a long way behind the leaders.

Canada experienced a relatively flat trend pattern of nickel ores and concentrates imports. the U.S. (-X%) illustrated a downward trend over the same period. 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 ($X) constitutes the largest market for imported nickel ores and concentrates in Northern America, making up X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports.

In Canada, nickel ore imports shrank by an average annual rate of -X% over the period from 2007-2017.

Import Prices by Country

In 2017, the nickel ore import price in Northern America amounted to $X per ton, declining by -X% against the previous year. The nickel ore import price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2015, an increase of X% against the previous year. In that year, the import prices for nickel ores and concentrates attained their peak level of $X per kg. From 2016 to 2017, growth of the import prices for nickel ores and concentrates failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the U.S. ($X per ton), while Canada ($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 the U.S. (+X% per year).

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Source: IndexBox Platform

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