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

Contents:

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

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

In 2022, the average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $7,464 per ton, declining by -13.6% against the previous year. Over the period under review, the import price continues to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2021 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the peak figure at $14,249 per ton in 2013; however, from 2014 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 ($13,963 per ton), while the price for China ($2,004 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.3%).

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

The average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $3,188 per ton in 2020, rising by 51% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 152% against the previous year. Over the period under review, the average export prices attained the peak figure in 2020 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was China ($15,778 per ton), while the average price for exports to the United States ($1,192 per ton) was amongst the lowest.

From 2016 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to China (+67.3%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, approx. 10K tons of nickel; oxide sinters and other intermediate products of nickel metallurgies were imported into Malaysia; increasing by 22,933% against 2021 figures. Overall, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies soared to $78M in 2022. Over the period under review, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndonesiaN/AN/AN/A77.50%
Others0.3N/A0.40.838.7%
Total0.3N/A0.478.3539.1%

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

  1. Indonesia (10.4K tons)

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

In 2020, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies from Malaysia contracted rapidly to 4.5 tons, waning by -97.3% on the previous year. Overall, exports recorded a precipitous slump.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies reduced rapidly to $14K in 2020. In general, exports saw a dramatic descent.

Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Malaysia (Thousand USD)
COUNTRY20192020CAGR,
2019-2020
South Korea23310.2-95.6%
China1003.0-97.0%
IndiaN/A0.50%
United States10.10.3-97.0%
Others14.70.4-97.3%
Total35814.4-96.0%

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

  1. South Korea (3776.0 kg)
  2. India (272.0 kg)
  3. United States (266.0 kg)
  4. China (189.0 kg)

Source: IndexBox Market Intelligence Platform

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