Price for Nickel Oxides and Hydroxides in New Zealand - 2022

Contents:

  1. Price for Nickel Oxides and Hydroxides in New Zealand (CIF) - 2022
  2. Imports of Nickel Oxides and Hydroxides in New Zealand

Price for Nickel Oxides and Hydroxides in New Zealand (CIF) - 2022

The average nickel oxides and hydroxides import price stood at $258,600 per ton in 2022, surging by 350% against the previous year. Overall, the import price saw moderate growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($287,000 per ton), while the price for Australia amounted to $145,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by India (+63.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Nickel Oxides and Hydroxides in New Zealand

In 2022, overseas purchases of nickel oxides and hydroxideses decreased by -28.6% to 5 kg for the first time since 2019, thus ending a two-year declining trend. In general, imports recorded a precipitous decrease.

In value terms, nickel oxides and hydroxides imports skyrocketed to $1.3K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Nickel Oxides and Hydroxides in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1,1480%
Australia34.0N/A13114562.2%
United Kingdom298N/AN/AN/A0%
United States408N/AN/AN/A0%
CanadaN/AN/A271N/A0%
OthersN/AN/AN/AN/A0%
Total740N/A4021,29320.4%

Top Suppliers of Nickel Oxides and Hydroxides to New Zealand in 2022:

  1. India (4.0 kg)
  2. Australia (1.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Nickel oxides and hydroxides - New Zealand