Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand - 2024

Contents:

1. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand (FOB) - 2023
2. Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand (CIF) - 2022
3. Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand
4. Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand

Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand (FOB) - 2023

In November 2023, the average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $1,706 per ton, with an increase of 18% against the previous month. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 498% against the previous month. As a result, the export price reached the peak level of $8,888 per ton. From August 2023 to November 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In November 2023, the country with the highest price was Lao People's Democratic Republic ($9,425 per ton), while the average price for exports to China amounted to $1,465 per ton.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic (+6.8%).

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

In 2022, the average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $20,092 per ton, surging by 325% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 ($28,645 per ton), while the price for the Philippines ($4,554 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 4.6K tons of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies were exported from Thailand; jumping by 107% on 2021 figures. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 558% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $7M in 2022. Over the period under review, exports showed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 540% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

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

1. China (4.6K tons)

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

In 2022, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies into Thailand contracted rapidly to 90 tons, dropping by -60.2% on 2021 figures. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,672%. As a result, imports reached the peak of 227 tons, and then shrank remarkably in the following year.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies surged to $1.8M in 2022. In general, imports, however, posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 1,899% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. China (59.6 tons)
2. Japan (16.3 tons)
3. Philippines (12.8 tons)
4. Taiwan (Chinese) (1.5 tons)

Source: IndexBox Market Intelligence Platform