Chlorides; of Nickel Price in New Zealand - 2023

Contents:

  1. Chlorides; of Nickel Price in New Zealand (CIF) - 2022
  2. Chlorides; of Nickel Imports in New Zealand

Chlorides; of Nickel Price in New Zealand (CIF) - 2022

In 2022, the average chlorides; of nickel import price amounted to $38,246 per ton, increasing by 289% against the previous year. In general, the import price enjoyed a significant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($128,179 per ton), while the price for Germany ($11,929 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Nickel Imports in New Zealand

In 2022, the amount of chlorides; of nickels imported into New Zealand shrank notably to 19 kg, dropping by -98.1% compared with the previous year's figure. Overall, imports showed a dramatic decline. The growth pace was the most rapid in 2021 with an increase of 98%. As a result, imports reached the peak of 1 tons, and then contracted sharply in the following year.

In value terms, chlorides; of nickel imports shrank significantly to $726 in 2022. Over the period under review, imports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 157% against the previous year. As a result, imports reached the peak of $9.8K, and then contracted notably in the following year.

Import of Chlorides; of Nickel in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States38993.051.04293.3%
India14312910925621.4%
Germany10063.037.041.0-25.7%
Hong Kong SAR1,6691,8904,141N/A57.5%
ChinaN/A18.04,135N/A22872.2%
Finland1,7151,4731,182N/A-17.0%
Others190173195N/A1.3%
Total4,2063,8399,850726-44.3%

Top Suppliers of Chlorides; of Nickel to New Zealand in 2022:

  1. India (12.0 kg)
  2. United States (3.0 kg)
  3. Germany (3.0 kg)

Source: IndexBox Market Intelligence Platform

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