Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Morocco - 2022

Contents:

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

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

The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $2,665 per ton in 2022, growing by 40% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 68% against the previous year. Over the period under review, the average export prices hit record highs at $5,711 per ton in 2014; however, from 2015 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 +0.0% per year.

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

In 2022, the average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $33,050 per ton, increasing by 51% against the previous year. Over the period under review, the import price showed a buoyant increase. The growth pace was the most rapid in 2013 when the average import price increased by 159% against the previous year. The import price peaked at $89,030 per ton in 2014; however, from 2015 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 the United States ($58,667 per ton), while the price for France stood at $22,071 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.6%).

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

Exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies from Morocco rose notably to 1.4K tons in 2022, with an increase of 13% compared with the year before. The total export volume increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $3.7M in 2022. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in years to come.

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

1. China (1.4K tons)

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

In 2022, overseas purchases of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies decreased by -73.7% to 20 kg, falling for the second year in a row after two years of growth. Over the period under review, imports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 655% against the previous year. As a result, imports reached the peak of 83 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies declined notably to $661 in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 703%.

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

1. France (14.0 kg)
2. United States (6.0 kg)

Source: IndexBox Market Intelligence Platform