Report Update Apr 1, 2024

Ukraine - Nickel Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Ukraine: Nickel Ore Market 2024

Nickel Ore Market Size in Ukraine

The Ukrainian nickel ore market dropped sharply to $X in 2021, waning by -24.1% 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, consumption showed a abrupt slump. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Nickel Ore Exports

Exports from Ukraine

After two years of decline, shipments abroad of nickel ores and concentrates decreased by 0% to X tons in 2019. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2017. Over the period under review, the exports attained the maximum in 2019 and are likely to continue growth in the immediate term.

In value terms, nickel ore exports amounted to $X in 2019. In general, exports enjoyed significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2019 and are likely to continue growth in years to come.

Exports by Country

Greece (X tons) was the main destination for nickel ore exports from Ukraine, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual growth rate of volume to Greece was relatively modest.

From 2016 to 2019, the average annual rate of growth in terms of value to Greece was relatively modest.

Export Prices by Country

In 2019, the average nickel ore export price amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a sharp slump. The most prominent rate of growth was recorded in 2017 a decrease of 99.9% against the previous year. The export price peaked at $X per ton in 2016; however, from 2017 to 2019, the export prices remained at a lower figure.

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

From 2016 to 2019, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Nickel Ore Imports

Imports into Ukraine

In 2021, the amount of nickel ores and concentrates imported into Ukraine dropped sharply to X tons, falling by -22.3% against 2020. Overall, imports saw a mild decline. The most prominent rate of growth was recorded in 2013 when imports increased by 29% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, nickel ore imports reduced markedly to $X in 2021. Over the period under review, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by 29% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Guatemala (X tons) constituted the largest supplier of nickel ore to Ukraine, accounting for a 68% share of total imports. Moreover, nickel ore imports from Guatemala exceeded the figures recorded by the second-largest supplier, Indonesia (X tons), twofold.

From 2012 to 2021, the average annual growth rate of volume from Guatemala stood at +36.0%.

In value terms, Guatemala ($X) and Indonesia ($X) were the largest nickel ore suppliers to Ukraine.

Among the main suppliers, Guatemala, with a CAGR of +29.6%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The average nickel ore import price stood at $X per ton in 2021, declining by -2.6% against the previous year. In general, the import price continues to indicate a pronounced downturn. The growth pace was the most rapid in 2019 when the average import price increased by 5.8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Indonesia ($X per ton), while the price for Guatemala amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (-4.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nickel ores and concentrates in the world?

The countries with the highest volumes of consumption in 2021 were China, the Philippines and Indonesia, with a combined 91% share of global consumption.

What are the largest producers of nickel ores and concentrates in the world?

The Philippines remains the largest nickel ore producing country worldwide, accounting for 71% of total volume. Moreover, nickel ore production in the Philippines exceeded the figures recorded by the second-largest producer, Indonesia, threefold. Guatemala ranked third in terms of total production with a 3.1% share.

What are the leading suppliers of nickel ores and concentrates to Ukraine?

In value terms, Guatemala and Indonesia appeared to be the largest nickel ore suppliers to Ukraine.

What is the average export price for nickel ores and concentrates in Ukraine?

The average nickel ore export price stood at $39 per ton in 2019, standing approx. at the previous year.

What is the average import price for nickel ores and concentrates in Ukraine?

In 2021, the average nickel ore import price amounted to $47 per ton, shrinking by -2.6% against the previous year.

This report provides an in-depth analysis of the nickel ore market in Ukraine. 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.

Product coverage:

Prodcom 07291200 - Nickel ores and concentrates

Country coverage:

Ukraine

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ukraine
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023