Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand - 2024
Contents:
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (CIF) - 2022
- Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (FOB) - 2022
- Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand
- Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (CIF) - 2022
In 2022, the average import price for nickel; bars, rods and profiles, not alloyeds amounted to $24,983 per ton, surging by 30% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 31% against the previous year. The import price peaked at $26,100 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Japan ($68,119 per ton), while the price for Taiwan (Chinese) totaled $24,785 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.8%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (FOB) - 2022
In 2022, the average export price for nickel; bars, rods and profiles, not alloyeds amounted to $1,423 per ton, declining by -15.6% against the previous year. Over the period under review, the export price showed a precipitous decline. The export price peaked at $27,026 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -18.4% per year.
Imports of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand
In 2022, after three years of growth, there was decline in supplies from abroad of nickel; bars, rods and profiles, not alloyeds, when their volume decreased by -1.2% to 102 tons. The total import volume increased at an average annual rate of +11.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 18%.
In value terms, imports of nickel; bars, rods and profiles, not alloyeds soared to $2.6M in 2022. In general, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 827 | 1,255 | 1,917 | 2,499 | 44.6% |
| Germany | 49.0 | 22.7 | 22.6 | 39.9 | -6.6% |
| Norway | 314 | N/A | N/A | N/A | 0% |
| Others | 1.5 | 6.9 | 47.8 | 19.9 | 136.7% |
| Total | 1,192 | 1,285 | 1,987 | 2,559 | 29.0% |
Top Suppliers of Nickel; Bars, Rods and Profiles, Not Alloyed to Thailand in 2022:
- Taiwan (Chinese) (100.8 tons)
- Germany (1.2 tons)
Exports of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand
In 2022, after two years of decline, there was significant decline in shipments abroad of nickel; bars, rods and profiles, not alloyeds, when their volume decreased by -14.4% to 215 tons. Over the period under review, exports, however, enjoyed significant growth.
In value terms, exports of nickel; bars, rods and profiles, not alloyeds contracted dramatically to $306K in 2022. In general, exports, however, saw a significant expansion.
| Export of Nickel; Bars, Rods and Profiles, Not Alloyed in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | N/A | 416 | 290 | -30.3% |
| Others | N/A | N/A | 7.6 | 15.6 | 105.3% |
| Total | N/A | N/A | 423 | 306 | -27.7% |
Top Export Markets for Nickel; Bars, Rods and Profiles, Not Alloyed from Thailand in 2022:
- China (215.0 tons)
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