Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia - 2022

Contents:

  1. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (CIF) - 2022
  2. Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (FOB) - 2022
  3. Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia
  4. Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (CIF) - 2022

In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $24,054 per ton, reducing by -32.4% against the previous year. Over the period under review, the import price, however, posted moderate growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 70% against the previous year. Over the period under review, average import prices attained the maximum at $35,583 per ton in 2021, and then contracted remarkably in the following year.

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 Austria ($29,148 per ton), while the price for Taiwan (Chinese) ($5,820 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+13.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (FOB) - 2022

In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $22,056 per ton, with an increase of 451% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by 1,258% against the previous year. Over the period under review, the average export prices hit record highs at $23,418 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 the Netherlands ($96,000 per ton), while the average price for exports to Ireland ($5,000 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (-1.8%).

Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia

In 2022, supplies from abroad of nickel; bars, rods and profiles, not alloyeds was finally on the rise to reach 141 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $3.4M in 2022. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.416.039.63,019562.1%
Austria2943322013314.0%
Singapore45.02.994.80.9-72.9%
Ireland55.7N/AN/AN/A0%
Others31.629.434.345.212.7%
Total4373803703,39698.1%

Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Indonesia in 2022:

  1. China (127.9 tons)
  2. Austria (11.4 tons)

Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia

In 2022, exports of nickel; bars, rods and profiles, not alloyeds from Indonesia surged to 18 kg, jumping by 1,700% compared with 2021 figures. Overall, exports, however, saw a dramatic contraction.

In value terms, exports of nickel; bars, rods and profiles, not alloyeds skyrocketed to $397 in 2022. Over the period under review, exports, however, continue to indicate a significant contraction.

Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A0.30%
NetherlandsN/AN/AN/A0.10%
IrelandN/AN/AN/AN/A0%
Malaysia38.9N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total38.9N/AN/A0.4-78.3%

Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Indonesia in 2022:

  1. Singapore (16.0 kg)
  2. Netherlands (1.0 kg)
  3. Ireland (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Nickel; bars, rods and profiles, not alloyed - Indonesia