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

Contents:

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

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

In 2022, the average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $14,390 per ton, waning by -8.8% against the previous year. In general, the import price showed a noticeable slump. The pace of growth appeared the most rapid in 2019 an increase of 50% against the previous year. The import price peaked at $19,669 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($24,707 per ton), while the price for China ($267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.6%), while the prices for the other major suppliers experienced a decline.

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

The average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies stood at $786 per ton in 2022, standing approx. at the previous year. Overall, the export price, however, continues to indicate a sharp shrinkage. The export price peaked at $37,571 per ton in 2016; however, from 2017 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 2013 to 2022, the rate of growth in terms of prices for Singapore amounted to +17.2% per year.

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

In 2022, the amount of nickel; oxide sinters and other intermediate products of nickel metallurgies imported into Thailand surged to 34 tons, rising by 550% against 2021. In general, imports, however, continue to indicate a significant contraction.

In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $491K in 2022. Over the period under review, imports, however, faced a significant contraction.

Import of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/AN/AN/A4670%
Taiwan (Chinese)31.627.145.820.8-13.0%
ChinaN/AN/AN/A3.70%
Norway806N/AN/AN/A0%
AustraliaN/AN/A36.5N/A0%
Madagascar23.826.5N/AN/A11.3%
Canada343N/AN/AN/A0%
OthersN/AN/A0.6N/A0%
Total1,20553.682.9491-25.9%

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

  1. Japan (18.9 tons)
  2. China (14.0 tons)
  3. Taiwan (Chinese) (1.3 tons)

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

In 2022, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies from Thailand soared to 177 tons, picking up by 132% compared with the previous year's figure. In general, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies soared to $139K in 2022. Over the period under review, exports, however, recorded a abrupt decrease.

Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/A59.4139134.0%
Malaysia169N/AN/AN/A0%
OthersN/AN/AN/A0.10%
Total169N/A59.4139-6.3%

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

  1. China (177.4 tons)

Source: IndexBox Market Intelligence Platform

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