Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India - 2023

Contents:

  1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (CIF) - 2022
  2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (FOB) - 2022
  3. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India
  4. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (CIF) - 2022

The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $21,913 per ton in 2022, growing by 112% against the previous year. Overall, the import price showed a mild increase. The growth pace was the most rapid in 2015 an increase of 150% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($103,600 per ton), while the price for the United Arab Emirates ($18,592 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (FOB) - 2022

In 2022, the average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $8,967 per ton, picking up by 58% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 an increase of 89% against the previous year. As a result, the export price attained the peak level of $28,121 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($15,139 per ton), while the average price for exports to Nepal ($5,000 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 the United States (+47.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India

In 2022, supplies from abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -91.2% to 248 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,671% against the previous year. As a result, imports attained the peak of 2.8K tons, and then fell significantly in the following year.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies dropped sharply to $5.4M in 2022. Over the period under review, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 3,523%. As a result, imports reached the peak of $29M, and then dropped sharply in the following year.

Import of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/AN/A3.10%
New CaledoniaN/AN/AN/A1.80%
United Arab Emirates0.10.10.70.458.7%
Netherlands0.1N/A0.30.10.0%
Papua New GuineaN/AN/A27.8N/A0%
Others0.20.70.3N/A22.5%
Total0.40.829.05.4138.1%

Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to India in 2022:

  1. Singapore (143.2 tons)
  2. New Caledonia (76.0 tons)
  3. United Arab Emirates (21.3 tons)
  4. Netherlands (6.4 tons)

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India

After two years of decline, overseas shipments of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies increased by 541% to 724 kg in 2022. In general, exports, however, showed a dramatic setback.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies soared to $6.5K in 2022. Overall, exports, however, saw a precipitous decline.

Export of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
BangladeshN/AN/AN/AN/A0%
China30.3N/AN/AN/A0%
United StatesN/AN/AN/AN/A0%
NepalN/AN/AN/AN/A0%
Czech RepublicN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total30.3N/AN/AN/A0%

Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from India in 2022:

  1. United States (516.0 kg)
  2. Bangladesh (117.0 kg)
  3. Czech Republic (79.0 kg)
  4. Nepal (12.0 kg)

Source: IndexBox Market Intelligence Platform

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