Chlorides; of Nickel Price in China - 2023
Contents:
- Chlorides; of Nickel Price in China (CIF) - 2023
- Chlorides; of Nickel Price in China (FOB) - 2022
- Chlorides; of Nickel Imports in China
- Chlorides; of Nickel Exports in China
Chlorides; of Nickel Price in China (CIF) - 2023
The average chlorides; of nickel import price stood at $5,273 per ton in June 2023, growing by 15% against the previous month. Over the period under review, the import price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in December 2022 an increase of 169% m-o-m. As a result, import price attained the peak level of $23,062 per ton. From January 2023 to June 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Japan ($7,880 per ton), while the price for Malaysia totaled $4,000 per ton.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Malaysia (0.0%).
Chlorides; of Nickel Price in China (FOB) - 2022
The average chlorides; of nickel export price stood at $7,541 per ton in 2022, growing by 28% against the previous year. In general, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of nickel export price increased by +25.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 an increase of 40% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($8,569 per ton), while the average price for exports to Japan ($5,040 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Nickel Imports in China
In 2022, overseas purchases of chlorides; of nickels decreased by -71.4% to 118 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a noticeable downturn. The growth pace was the most rapid in 2020 when imports increased by 116% against the previous year.
In value terms, chlorides; of nickel imports reduced dramatically to $1.1M in 2022. In general, imports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 97%.
| Import of Chlorides; of Nickel in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 167 | 325 | 486 | 367 | 30.0% |
| Japan | 392 | 390 | 578 | 321 | -6.4% |
| France | 136 | 711 | 1,095 | 319 | 32.9% |
| Thailand | N/A | N/A | 103 | N/A | 0% |
| Others | 39.2 | 23.1 | 40.8 | 46.0 | 5.5% |
| Total | 734 | 1,449 | 2,303 | 1,052 | 12.7% |
Top Suppliers of Chlorides; of Nickel to China in 2022:
- Taiwan (Chinese) (42.0 tons)
- France (40.4 tons)
- Japan (33.8 tons)
Chlorides; of Nickel Exports in China
In 2022, shipments abroad of chlorides; of nickels was finally on the rise to reach 78 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction.
In value terms, chlorides; of nickel exports surged to $591K in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.
| Export of Chlorides; of Nickel in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | N/A | N/A | 254 | 0% |
| Singapore | 63.0 | 76.4 | 127 | 147 | 32.6% |
| Bangladesh | N/A | 48.9 | N/A | 70.6 | 20.2% |
| South Korea | N/A | N/A | N/A | 36.0 | 0% |
| Vietnam | 3.2 | 39.5 | 3.2 | 21.2 | 87.8% |
| Colombia | N/A | 14.9 | N/A | 17.0 | 6.8% |
| Malaysia | 25.8 | 3.3 | 6.7 | 15.1 | -16.4% |
| Thailand | N/A | N/A | 75.5 | N/A | 0% |
| Belgium | 93.2 | N/A | N/A | N/A | 0% |
| Mexico | 254 | N/A | N/A | N/A | 0% |
| United Arab Emirates | 26.1 | N/A | N/A | N/A | 0% |
| Brazil | 104 | N/A | N/A | N/A | 0% |
| Others | 28.5 | 19.0 | 21.1 | 30.4 | 2.2% |
| Total | 598 | 202 | 234 | 591 | -0.4% |
Top Export Markets for Chlorides; of Nickel from China in 2022:
- Russia (33.0 tons)
- Singapore (17.2 tons)
- Bangladesh (10.0 tons)
- South Korea (5.0 tons)
- Vietnam (3.0 tons)
- Malaysia (2.9 tons)
- Colombia (2.0 tons)
464
This report provides an in-depth analysis of the chlorides market in China.
577
This report provides an in-depth analysis of the ammonium chloride market in China.
407
This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in China.
360
This report provides an in-depth analysis of the market for chloride oxides of metal in China.
488
This report provides an in-depth analysis of the global chlorides market.
886
This report provides an in-depth analysis of the global ammonium chloride market.
525
This report provides an in-depth analysis of the global market for bromides, iodides and oxids thereof.
649
This report provides an in-depth analysis of the global market for chloride oxides of metal.
464
This report provides an in-depth analysis of the chlorides market in China.
577
This report provides an in-depth analysis of the ammonium chloride market in China.
149
Ammonium Chloride exports reached a peak of 1.4M tons in 2017 but remained at a lower figure from 2018 to 2023. In terms of value, Ammonium Chloride exports decreased to $135M in 2023.
610
In February 2023, the price per ton (FOB, China) of ammonium chloride was steady at $218.
1285
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
1000
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
149
Ammonium Chloride exports reached a peak of 1.4M tons in 2017 but remained at a lower figure from 2018 to 2023. In terms of value, Ammonium Chloride exports decreased to $135M in 2023.
610
In February 2023, the price per ton (FOB, China) of ammonium chloride was steady at $218.
1285
In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
1000
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
