Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey - 2024
Contents:
- Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (FOB) - 2022
- Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (CIF) - 2022
- Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
- Imports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (FOB) - 2022
In 2022, the average export price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $3,403 per ton, with an increase of 16% against the previous year. In general, the export price, however, faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 an increase of 52%. The export price peaked at $22,280 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 China (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (CIF) - 2022
In 2022, the average import price for nickel; oxide sinters and other intermediate products of nickel metallurgies amounted to $120,097 per ton, falling by -29.5% against the previous year. Over the period under review, the import price, however, continues to indicate a slight expansion. The pace of growth appeared the most rapid in 2021 when the average import price increased by 189%. As a result, import price attained the peak level of $170,250 per ton, and then declined markedly in the following year.
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 -2.0% per year.
Exports of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
For the fourth consecutive year, Turkey recorded growth in overseas shipments of nickel; oxide sinters and other intermediate products of nickel metallurgies, which increased by 23% to 37K tons in 2022. In general, exports enjoyed significant growth. The growth pace was the most rapid in 2020 when exports increased by 76%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of nickel; oxide sinters and other intermediate products of nickel metallurgies surged to $125M in 2022. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 107% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.1 | 62.5 | 56.0 | 95.6 | 47.0% |
| South Korea | N/A | 0.1 | 31.3 | 29.0 | 1602.9% |
| Others | 0.1 | 0.3 | N/A | 0.1 | 0.0% |
| Total | 30.3 | 62.8 | 87.3 | 125 | 60.4% |
Top Export Markets for 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; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in Turkey
In 2022, after two years of decline, there was significant growth in overseas purchases of nickel; oxide sinters and other intermediate products of nickel metallurgies, when their volume increased by 25,975% to 1 tons. Overall, imports, however, saw a abrupt decline.
In value terms, imports of nickel; oxide sinters and other intermediate products of nickel metallurgies surged to $125K in 2022. Over the period under review, imports recorded notable 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 Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 125 | 0% |
| Germany | 110 | 0.5 | N/A | N/A | -99.5% |
| Others | N/A | N/A | 0.7 | N/A | 0% |
| Total | 110 | 0.5 | 0.7 | 125 | 4.4% |
Top Suppliers of Nickel; Oxide Sinters and Other Intermediate Products of Nickel Metallurgy to Turkey in 2022:
- Belgium (1.0 tons)
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