Price for Nickel; Plates, Sheets, Strip and Foil in South Africa - 2024
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil in South Africa (CIF) - 2024
- Price for Nickel; Plates, Sheets, Strip and Foil in South Africa (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil in South Africa
- Exports of Nickel; Plates, Sheets, Strip and Foil in South Africa
Price for Nickel; Plates, Sheets, Strip and Foil in South Africa (CIF) - 2024
The average import price for nickel; plates, sheets, strip and foils stood at $35,080 per ton in January 2024, reducing by -19.6% against the previous month. Over the period under review, the import price continues to indicate a abrupt decline. The pace of growth was the most pronounced in November 2023 when the average import price increased by 39% m-o-m. The import price peaked at $93,371 per ton in January 2023; however, from February 2023 to January 2024, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($62,134 per ton), while the price for China ($25,972 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Italy (+13.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Nickel; Plates, Sheets, Strip and Foil in South Africa (FOB) - 2022
In 2022, the average export price for nickel; plates, sheets, strip and foils amounted to $11,409 per ton, falling by -33.8% against the previous year. Overall, the export price showed a pronounced contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 64% against the previous year. The export price peaked at $17,723 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($21,993 per ton), while the average price for exports to Swaziland ($7,494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+27.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Plates, Sheets, Strip and Foil in South Africa
In 2022, the amount of nickel; plates, sheets, strip and foils imported into South Africa skyrocketed to 80 tons, growing by 258% on the previous year's figure. Over the period under review, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of nickel; plates, sheets, strip and foils surged to $1.4M in 2022. In general, imports, however, saw a relatively flat trend pattern.
Import of Nickel; Plates, Sheets, Strip and Foil in South Africa (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 31.4 | 10.0 | 38.8 | 669 | 177.2% |
Germany | 310 | 94.1 | 356 | 339 | 3.0% |
United States | 460 | 136 | 192 | 172 | -28.0% |
India | 206 | 179 | 184 | 107 | -19.6% |
Sweden | 83.2 | 60.0 | 7.1 | 56.9 | -11.9% |
United Kingdom | 172 | 22.1 | 42.3 | 47.0 | -35.1% |
Italy | 111 | 136 | 3.1 | 0.1 | -90.3% |
Others | 80.3 | 16.0 | 40.2 | 33.9 | -25.0% |
Total | 1,454 | 652 | 864 | 1,425 | -0.7% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil to South Africa in 2022:
- China (61.0 tons)
- Germany (9.3 tons)
- United States (5.1 tons)
- United Kingdom (2.2 tons)
- Sweden (1.1 tons)
- India (0.8 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil in South Africa
After three years of growth, shipments abroad of nickel; plates, sheets, strip and foils decreased by -99.7% to 6.3 tons in 2022. Overall, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 18,848% against the previous year.
In value terms, exports of nickel; plates, sheets, strip and foils dropped dramatically to $72K in 2022. Over the period under review, exports, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 29,751% against the previous year.
Export of Nickel; Plates, Sheets, Strip and Foil in South Africa (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | N/A | N/A | 4.7 | N/A | 0% |
China | N/A | 11.3 | 15.7 | N/A | 38.9% |
Belgium | N/A | N/A | 2.2 | N/A | 0% |
Swaziland | N/A | N/A | N/A | N/A | 0% |
Germany | N/A | N/A | N/A | N/A | 0% |
India | N/A | 3.8 | 5.7 | N/A | 50.0% |
Zambia | N/A | N/A | N/A | N/A | 0% |
Netherlands | N/A | 1.1 | 7.7 | N/A | 600.0% |
Turkey | N/A | 0.7 | 1.2 | N/A | 71.4% |
Brazil | N/A | N/A | 1.2 | N/A | 0% |
Others | N/A | 1.4 | 1.7 | N/A | 21.4% |
Total | 0.1 | 18.4 | 40.2 | 0.1 | 0.0% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil from South Africa in 2022:
- Zambia (4.3 tons)
- Germany (0.9 tons)
- Netherlands (0.6 tons)
- Swaziland (0.4 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in South Africa.
Global Market for Nickel And Nickel Alloy Plate. This report provides an in-depth analysis of the global market for nickel and nickel alloy plate.
In value terms, nickel plates, sheets, strip and foil imports totaled $X in 2016. Overall, nickel plates, sheets, strip and foil imports continue to indicate a drastic slump. Over the period under ...
In value terms, nickel tubes, pipes and tube and pipe fittings imports amounted to $X in 2016. Overall, nickel tubes, pipes and tube and pipe fittings imports continue to indicate a relatively flat...
In value terms, nickel articles thereof imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of...
In value terms, nickel plates, sheets, strip and foil exports stood at $X in 2016. In general, nickel plates, sheets, strip and foil exports continue to indicate a deep contraction. Global nickel p...
In value terms, nickel tubes, pipes and tube and pipe fittings exports stood at $X in 2016. In general, nickel tubes, pipes and tube and pipe fittings exports continue to indicate a moderate shrink...
In value terms, nickel articles thereof exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...