Latest Report Update: Feb 25, 2019

Republic of Korea - Nickel (Unwrought) - Market Analysis, Forecast, Size, Trends and Insights

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Republic of Korea: Nickel Market Overview 2019

Nickel Market Size in Republic of Korea

The revenue of the nickel market in South Korea amounted to $X in 2017, picking up by X% against the previous year. Overall, nickel consumption continues to indicate a drastic descent. 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 market attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Production in Republic of Korea

In 2017, production of nickel (unwrought) in South Korea totaled X kg, approximately mirroring the previous year. Overall, nickel production continues to indicate a relatively flat trend pattern.

Nickel Exports from Republic of Korea

In 2017, approx. X tonnes of nickel (unwrought) were exported from South Korea; declining by -X% against the previous year. In general, nickel exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013, when exports increased by X% against the previous year. In that year, the nickel exports attained their peak volume of X tonnes. From 2014 to 2017, growth of the nickel exports failed to regain its momentum.

In value terms, nickel exports totaled $X in 2017. Overall, nickel exports continue to indicate a deep drop. South Korea exports peaked of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Nickel Exports by Country from Republic of Korea

In 2017, Australia (X tonnes), Russia (X tonnes), Norway (X tonnes) and Canada (X tonnes) were the major exporters of nickel (unwrought) in the world, making up X% of total export. It was distantly followed by Malaysia (X tonnes), the Netherlands (X tonnes), Finland (X tonnes) and the UK (X tonnes), together mixed up X% share of total exports. Singapore (X tonnes), Japan (X tonnes), Belgium (X tonnes) and South Africa (X tonnes) followed a long way behind the leaders.

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) constituted the countries with the highest levels of exports in 2017, together accounting for X% of total exports. Norway, Malaysia, the Netherlands, Finland, the UK, South Africa, Singapore, Japan, Belgium and South Korea lagged somewhat behind, together accounting for a further X%.

Malaysia (+X% per year) experienced the highest rates of growth with regard to exports, in terms of the main exporting countriesover the last decade, while the other leaders experienced more modest paces of growth.

Nickel Export Prices by Country in Republic of Korea

The nickel export price in South Korea stood at $X per kg in 2017, growing by X% against the previous year. Overall, nickel export price continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2010, when the export prices increased by X% y-o-y. South Korea export price peaked of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; 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 Republic of Korea

In 2017, imports of nickel (unwrought) into South Korea amounted to X tonnes, shrinking by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2009, when imports increased by X% against the previous year. South Korea imports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, nickel imports totaled $X in 2017. In general, nickel imports continue to indicate a drastic setback. South Korea imports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Imports by Country into Republic of Korea

The imports of the six major importers of nickel (unwrought), namely China, the U.S., Switzerland, the Netherlands, Malaysia and Germany, represented more than half 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 and Malaysia, which together accounted for a further X%.

Malaysia (+X% per year) experienced the highest growth rate of imports, among the main importing countriesover the last decade, while the other leaders experienced a decline in the imports figures.

Nickel Import Prices by Country in Republic of Korea

The nickel import price in South Korea stood at $X per kg in 2017, picking up by X% against the previous year. Overall, nickel import price continues to indicate a deep curtailment. The growth pace was the most rapid in 2010, when it surged by X% against the previous year. Over the period under review, the import prices for nickel (unwrought) reached its peak figure level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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

Product coverage:
unwrought nickel, not alloyed and nickel alloys.


This report provides an in-depth analysis of the nickel market in Republic of Korea. 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 2025.


Country coverage:
• Republic of Korea.


Data coverage:

• Market volume and value;

• Per Capita consumption;

• Forecast of the market dynamics in the medium term;

• Trade (exports and imports) in Republic of Korea;

• Export and import prices;

• Market trends, drivers and restraints;

• Key market players and their profiles.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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