Chlorides; of Nickel Price in Thailand - 2023
Contents:
- Chlorides; of Nickel Price in Thailand (CIF) - 2022
- Chlorides; of Nickel Price in Thailand (FOB) - 2022
- Chlorides; of Nickel Imports in Thailand
- Chlorides; of Nickel Exports in Thailand
Chlorides; of Nickel Price in Thailand (CIF) - 2022
In 2022, the average chlorides; of nickel import price amounted to $7,244 per ton, increasing by 34% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% 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 import price increased by +117.7% against 2016 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($8,929 per ton), while the price for China ($1,584 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Nickel Price in Thailand (FOB) - 2022
In 2022, the average chlorides; of nickel export price amounted to $4,060 per ton, rising by 160% against the previous year. In general, the export price, however, recorded a mild slump. Over the period under review, the average export prices attained the maximum at $6,312 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($5,363 per ton), while the average price for exports to Singapore ($1,743 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 Japan (+31.2%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Nickel Imports in Thailand
Chlorides; of nickel imports into Thailand contracted to 323 tons in 2022, reducing by -6.8% compared with the previous year's figure. Over the period under review, imports showed a slight slump. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. As a result, imports reached the peak of 346 tons, and then shrank in the following year.
In value terms, chlorides; of nickel imports soared to $2.3M in 2022. In general, imports, however, continue to indicate a strong expansion. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Chlorides; of Nickel in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 1,170 | 944 | 1,503 | 1,943 | 18.4% |
| Japan | 247 | 188 | 362 | 278 | 4.0% |
| Hong Kong SAR | 58.7 | N/A | N/A | 48.6 | -6.1% |
| China | 29.0 | N/A | N/A | 27.2 | -2.1% |
| Others | 64.3 | 1.5 | 10.0 | 40.6 | -14.2% |
| Total | 1,569 | 1,134 | 1,875 | 2,338 | 14.2% |
Top Suppliers of Chlorides; of Nickel to Thailand in 2022:
- Taiwan (Chinese) (256.8 tons)
- Japan (31.1 tons)
- China (17.2 tons)
- Hong Kong SAR (10.6 tons)
Chlorides; of Nickel Exports in Thailand
In 2022, the amount of chlorides; of nickels exported from Thailand fell dramatically to 27 tons, reducing by -60.4% compared with 2021. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when exports increased by 179%. As a result, the exports reached the peak of 68 tons, and then fell rapidly in the following year.
In value terms, chlorides; of nickel exports rose to $110K in 2022. Over the period under review, exports recorded a abrupt shrinkage.
| Export of Chlorides; of Nickel in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 156 | 113 | 101 | 92.8 | -15.9% |
| Japan | N/A | N/A | N/A | 9.8 | 0% |
| Singapore | 5.9 | N/A | N/A | 6.6 | 3.8% |
| China | N/A | N/A | 5.8 | N/A | 0% |
| Others | 0.4 | N/A | N/A | 0.4 | 0.0% |
| Total | 162 | 113 | 106 | 110 | -12.1% |
Top Export Markets for Chlorides; of Nickel from Thailand in 2022:
- Malaysia (17.3 tons)
- Japan (5.6 tons)
- Singapore (3.8 tons)
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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...
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