Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey - 2024
Contents:
- Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (FOB) - 2022
- Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (CIF) - 2022
- Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
- Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (FOB) - 2022
The average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $3,403 per ton in 2022, increasing by 16% against the previous year. In general, the export price, however, showed a drastic downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 51% against the previous year. The export price peaked at $23,910 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,788 per ton), while the average price for exports to China stood at $3,302 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+5,299.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (CIF) - 2022
The average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies stood at $6,028 per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, continues to indicate a sharp descent. The pace of growth appeared the most rapid in 2021 an increase of 9.6%. The import price peaked at $106,531 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +8.5% per year.
Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
In 2022, approx. 37K tons of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies were exported from Turkey; picking up by 22% compared with the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 75% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies surged to $125M in 2022. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 with an increase of 102%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.
Export of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 30.7 | 62.5 | 56.0 | 95.6 | 46.0% |
South Korea | N/A | 0.1 | 31.3 | 29.0 | 1602.9% |
Others | 0.5 | 0.5 | 0.2 | 0.1 | -41.5% |
Total | 31.2 | 63.1 | 87.4 | 125 | 58.8% |
Top Export Markets for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy from Turkey in 2022:
- China (28.9K tons)
- South Korea (7.7K tons)
Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
In 2022, approx. 21 tons of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies were imported into Turkey; dropping by -13.2% compared with 2021. Over the period under review, imports faced a dramatic shrinkage.
In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies fell to $125K in 2022. Overall, imports saw a dramatic descent.
Import of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Belgium | N/A | N/A | N/A | 125 | 0% |
Iran | 756 | 279 | 144 | N/A | -56.4% |
Others | 210 | 0.5 | 0.7 | N/A | -94.2% |
Total | 966 | 279 | 144 | 125 | -49.4% |
Top Suppliers of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Turkey in 2022:
- Belgium (20.8 tons)
This report provides an in-depth analysis of the nickel matte market in Turkey.
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This report provides an in-depth analysis of the nickel matte market in Turkey.
This report provides an in-depth analysis of the nickel matte market in Turkey.
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