Report World - Nickel - Market Analysis, Forecast, Size, Trends and Insights for 499$
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World - Nickel - Market Analysis, Forecast, Size, Trends and Insights
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Global Nickel Market 2022

Nickel Market Size

The global nickel market skyrocketed to $X in 2021, picking up by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked in 2021 and is likely to continue growth in the immediate term.

Nickel Production

In value terms, nickel production expanded significantly to $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, global production hit record highs at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of in 2021 were China (X tons), Indonesia (X tons) and Russia (X tons), together accounting for X% of global production.

From 2012 to 2021, the biggest increases were in Indonesia (with a CAGR of +X%), while production for the other global leaders experienced more modest paces of growth.

Nickel Exports

Exports

In 2021, global nickel exports shrank to X tons, with a decrease of -X% against 2020. Over the period under review, exports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2013 with an increase of X%. The global exports peaked at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, nickel exports rose to $X in 2021. Overall, exports showed a pronounced decline. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. The global exports peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The biggest shipments were from Australia (X tons), the Netherlands (X tons), Canada (X tons) and Norway (X tons), together accounting for X% of total export. Russia (X tons) took the next position in the ranking, followed by Finland (X tons). All these countries together occupied near X% share of total exports. The UK (X tons), Madagascar (X tons), Belgium (X tons), Japan (X tons), Germany (X tons) and France (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Madagascar (with a CAGR of +X%), while the other global leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Canada ($X) and Australia ($X) constituted the countries with the highest levels of exports in 2021, together accounting for X% of global exports. These countries were followed by Norway, Russia, the UK, Finland, Belgium, Japan, Madagascar, Germany and France, which together accounted for a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average nickel export price stood at $X per ton in 2021, jumping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X%. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was the UK ($X per ton), while Australia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+X%), while the other global leaders experienced more modest paces of growth.

Nickel Imports

Imports

In 2021, supplies from abroad of nickel increased by X% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +X% over the period from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Over the period under review, global imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, nickel imports skyrocketed to $X in 2021. Over the period under review, total imports indicated mild growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China was the largest importing country with an import of around X tons, which finished at X% of total imports. It was distantly followed by the Netherlands (X tons), the United States (X tons), Germany (X tons) and Japan (X tons), together generating a X% share of total imports. The following importers - India (X tons), Belgium (X tons), Italy (X tons), South Korea (X tons), France (X tons), Singapore (X tons), Sweden (X tons) and Taiwan (Chinese) (X tons) - together made up X% of total imports.

Imports into China increased at an average annual rate of +X% from 2012 to 2021. At the same time, the Netherlands (+X%), South Korea (+X%), Taiwan (Chinese) (+X%) and Belgium (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +X% from 2012-2021. Japan, France, India, Sweden and Italy experienced a relatively flat trend pattern. By contrast, the United States (-X%), Singapore (-X%) and Germany (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and the Netherlands (+X p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Singapore (-X p.p.), Germany (-X p.p.) and the United States (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported nickel worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by the United States, with a X% share.

In China, nickel imports increased at an average annual rate of +X% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and the United States (-X% per year).

Import Prices by Country

In 2021, the average nickel import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Global import price peaked at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in China ($X per ton) and Japan ($X per ton), while South Korea ($X per ton) and Singapore ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for nickel in the world?
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The country with the largest volume of nickel consumption was China, accounting for 37% of total volume. Moreover, nickel consumption in China exceeded the figures recorded by the second-largest consumer, Indonesia, twofold. The third position in this ranking was occupied by Japan, with a 7.3% share.
What are the largest producers of nickel in the world?
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The countries with the highest volumes of in 2021 were China, Indonesia and Russia, together comprising 56% of global production.
What are the leading exporters of nickel in the world?
+
In value terms, the Netherlands, Canada and Australia constituted the countries with the highest levels of exports in 2021, with a combined 50% share of global exports. These countries were followed by Norway, Russia, the UK, Finland, Belgium, Japan, Madagascar, Germany and France, which together accounted for a further 43%.
What are the leading importers of nickel in the world?
+
In value terms, China constitutes the largest market for imported nickel worldwide, comprising 31% of global imports. The second position in the ranking was occupied by the Netherlands, with a 13% share of global imports. It was followed by the United States, with a 9.1% share.
What is the average export price for nickel in the world?
+
In 2021, the average nickel export price amounted to $16,766 per ton, with an increase of 20% against the previous year.
What is the average import price for nickel in the world?
+
The average nickel import price stood at $17,886 per ton in 2021, growing by 28% against the previous year.

This report provides an in-depth analysis of the global nickel market. 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 24451100 - Nickel, unwrought
• Prodcom 24451110 -
• Prodcom 24451120 -

Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Company coverage:
Vale, Norilsk Nickel, Jinchuan Group, Glencore, BHP Group, Rio Tinto Group, Victory Nickel, Eagle Mine, Lundin Mining Corp., PolyMet Mining Corp., Sibanye Gold Ltd, Stillwater Mining Co, Votorantim S.A., Terrafame Ltd., Eramet Group, Sumitomo Metal Mining Co., SK Innovation Co., Coral Bay Nickel, Taganito HPAL Nickel, ZAO Rezhnickel

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
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Forecast To 2030
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2012–2022
Figure 17:
Production, In Value Terms, 2012–2022
Figure 18:
Production, By Country, 2022
Figure 19:
Production, In Physical Terms, By Country, 2012–2022
Figure 20:
Imports, In Physical Terms, 2012–2022
Figure 21:
Imports, In Value Terms, 2012–2022
Figure 22:
Imports, In Physical Terms, By Country, 2022
Figure 23:
Imports, In Physical Terms, By Country, 2012–2022
Figure 24:
Imports, In Value Terms, By Country, 2012–2022
Figure 25:
Import Prices, By Country, 2012–2022
Figure 26:
Exports, In Physical Terms, 2012–2022
Figure 27:
Exports, In Value Terms, 2012–2022
Figure 28:
Exports, In Physical Terms, By Country, 2022
Figure 29:
Exports, In Physical Terms, By Country, 2012–2022
Figure 30:
Exports, In Value Terms, By Country, 2012–2022
Figure 31:
Export Prices, 2012–2022
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