Nickel; Unwrought, Alloys Price in Australia - 2023
Contents:
- Nickel; Unwrought, Alloys Price in Australia (CIF) - 2022
- Nickel; Unwrought, Alloys Imports in Australia
Nickel; Unwrought, Alloys Price in Australia (CIF) - 2022
In 2022, the average nickel; unwrought, alloys import price amounted to $16,856 per ton, picking up by 41% against the previous year. In general, the import price posted a perceptible expansion. 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 Canada ($20,807 per ton), while the price for China ($5,145 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Nickel; Unwrought, Alloys Imports in Australia
In 2022, after two years of decline, there was significant growth in purchases abroad of nickel; unwrought, alloyses, when their volume increased by 189% to 3.7K tons. In general, imports posted a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, nickel; unwrought, alloys imports skyrocketed to $62M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Nickel; Unwrought, Alloys in Australia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 13.7 | 5.2 | 7.3 | 20.3 | 14.0% |
Canada | N/A | N/A | N/A | 19.4 | 0% |
United States | 10.3 | 7.6 | 4.4 | 14.5 | 12.1% |
Germany | 0.5 | 0.4 | 0.6 | 2.0 | 58.7% |
Italy | 1.4 | 0.6 | 0.8 | 1.5 | 2.3% |
Brazil | N/A | N/A | N/A | 1.0 | 0% |
China | 2.1 | 0.5 | 0.6 | 1.0 | -21.9% |
Taiwan (Chinese) | 0.7 | 0.3 | 0.2 | 0.8 | 4.6% |
Singapore | 0.2 | 0.5 | 0.2 | 0.8 | 58.7% |
Others | 1.6 | 1.7 | 1.2 | 1.1 | -11.7% |
Total | 30.4 | 16.9 | 15.3 | 62.3 | 27.0% |
Top Suppliers of Nickel; Unwrought, Alloys to Australia in 2022:
- United Kingdom (1046.4 tons)
- Canada (934.0 tons)
- United States (794.8 tons)
- Germany (241.3 tons)
- China (193.6 tons)
- Taiwan (Chinese) (116.3 tons)
- Brazil (114.6 tons)
- Singapore (104.3 tons)
- Italy (102.3 tons)
This report provides an in-depth analysis of the nickel market in Australia.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the nickel market in Australia.
This report provides an in-depth analysis of the nickel market in Australia.
This report provides an in-depth analysis of the global nickel market.
This report provides an in-depth analysis of the global nickel market.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%
The Russian Federation dominates in the global unwrought nickel trade. In 2014, Russian Federation exported more than X thousand tons of unwrought nickel totaling X billion USD, X% over the previous year. Its primary trading partner was China, wh
Nickel prices skyrocketed on the expectations of a shortage on the global market provoked by the increase in demand that outpaces the supply growth. The rebound in the steel industry and rising electric vehicle manufacturing drive nickel consumption. Pandemic-related lockdowns in the first half of 2020 and the related uncertainty led to a decrease in the global nickel mine output by -4% y-o-y. Despite this, refined nickel production increased by +2% y-o-y, boosted by the recovering demand from mid-2020 and the use of secondary smelting. Indonesia, the largest nickel ore producer worldwide, banned exports of the ore and thus achieved a record output of refined nickel.
Discover the top import markets for nickel in the world based on 2023 data. Explore the countries driving demand for nickel across various industries.
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Global nickel imports totaled X tons in 2016, import ,therefore, remained relatively stable against the previous year level. The total import volume increased at an average annual rate of +X% fro...
Canada continued to dominate in the global unwrought nickel trade. In 2014, Canada exported X thousand tons of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X%