South Africa: Nickel Ore Market 2020

Nickel Ore Market Size in South Africa

The revenue of the nickel ore market in South Africa amounted to $X in 2017, jumping by X% against the previous year. Overall, nickel ore consumption continues to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2013, when it surged by X% year-to-year. Over the period under review, the nickel ore market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Nickel Ore Production in South Africa

In 2017, the amount of nickel ores and concentrates produced in South Africa amounted to X kg, approximately mirroring the previous year. Overall, nickel ore production continues to indicate a measured drop. South Africa nickel ore production peaked of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Ore Exports from South Africa

In 2017, nickel ore exports from South Africa stood at X tons, jumping by X% against the previous year. Overall, nickel ore exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2013, when it surged by X% y-o-y. Over the period under review, the nickel ore exports reached its maximum volume in 2017, and are likely to see steady growth in the immediate term.

In value terms, nickel ore exports totaled $X in 2017. Overall, nickel ore exports continue to indicate a prominent growth. South Africa exports peaked in 2017, and are expected to retain its growth in the immediate term.

Nickel Ore Exports by Country from South Africa

In 2017, the Philippines (X tons) was the major exporter for nickel ores and concentrates, making up X% of total exports. It was distantly followed by Indonesia (X tons), New Caledonia (X tons), Australia (X tons) and Finland (X tons), together mixed up X% share of total exports. The following exporters - Guatemala (X tons) and Canada (X tons) together made up X% 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 ($X) remains the largest nickel ore supplier from South Africa, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Indonesia stood at +X%. 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 South Africa

In 2017, the nickel ore export price in South Africa amounted to $X per ton, stabilizing at the previous year. Overall, nickel ore export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016, when the export prices increased by X% against the previous year. Over the period under review, the export prices for nickel ores and concentrates attained its peak figure level of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Finland (+X% per year), while the other leaders experienced more modest paces of growth.

Nickel Ore Imports into South Africa

In 2017, imports of nickel ores and concentrates into South Africa stood at X tons, remaining relatively unchanged against the previous year. Overall, nickel ore imports continue to indicate a slight increase. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. In that year, the nickel ore imports reached their peak volume of X tons. From 2014 to 2017, growth of the nickel ore imports failed to regain its momentum.

In value terms, nickel ore imports stood at $X in 2017. Overall, nickel ore imports continue to indicate a drastic decrease. In that year, the nickel ore imports attained their peak level of $X. From 2013 to 2017, growth of the nickel ore imports failed to regain its momentum.

Nickel Ore Imports by Country into South Africa

China (X tons) and South Korea (X tons) represented roughly X% of total imports of nickel ores and concentrates in 2017. It was distantly followed by Japan (X tons), Ukraine (X tons) and Macedonia (X tons), together comprising X% share of total imports. Greece (X tons) and China, Hong Kong SAR (X tons) occupied the minor share 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 ($X) constitutes the largest market for imported nickel ores and concentrates into South Africa, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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 amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (-X% per year).

Nickel Ore Import Prices by Country in South Africa

In 2017, the nickel ore import price in South Africa amounted to $X per ton, shrinking by -X% against the previous year. Overall, nickel ore import price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% year-to-year. Over the period under review, the import prices for nickel ores and concentrates attained its peak figure level of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

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.

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