Price for Nickel; Wire, of Nickel Alloys in Indonesia - 2022
Contents:
- Price for Nickel; Wire, of Nickel Alloys in Indonesia (CIF) - 2022
- Price for Nickel; Wire, of Nickel Alloys in Indonesia (FOB) - 2022
- Imports of Nickel; Wire, of Nickel Alloys in Indonesia
- Exports of Nickel; Wire, of Nickel Alloys in Indonesia
Price for Nickel; Wire, of Nickel Alloys in Indonesia (CIF) - 2022
In 2022, the average import price for nickel; wire, of nickel alloyses amounted to $25,924 per ton, rising by 4% against the previous year. In general, the import price, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. Over the period under review, average import prices hit record highs at $41,458 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($35,704 per ton), while the price for Singapore ($10,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.6%), while the prices for the other major suppliers experienced a decline.
Price for Nickel; Wire, of Nickel Alloys in Indonesia (FOB) - 2022
The average export price for nickel; wire, of nickel alloyses stood at $23,692 per ton in 2022, picking up by 11% against the previous year. Over the period under review, the export price saw a resilient increase. The growth pace was the most rapid in 2016 when the average export price increased by 72% against the previous year. Over the period under review, the average export prices attained the maximum at $28,617 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($179,456 per ton), while the average price for exports to Bangladesh ($15,329 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 India (+19.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Nickel; Wire, of Nickel Alloys in Indonesia
In 2022, after two years of decline, there was growth in purchases abroad of nickel; wire, of nickel alloyses, when their volume increased by 0.3% to 449 tons. Over the period under review, imports, however, showed a abrupt shrinkage.
In value terms, nickel; wire, of nickel alloys imports expanded to $12M in 2022. Overall, imports, however, showed a drastic downturn.
Import of Nickel; Wire, of Nickel Alloys in Indonesia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 8.0 | 1.2 | 3.3 | 4.0 | -20.6% |
France | 8.0 | 4.8 | 1.2 | 3.0 | -27.9% |
Japan | 3.5 | 3.4 | 2.4 | 2.1 | -15.7% |
Italy | 0.4 | 0.8 | 1.0 | 0.9 | 31.0% |
China | 0.7 | 0.4 | 0.5 | 0.4 | -17.0% |
India | 0.5 | 0.4 | 0.2 | 0.3 | -15.7% |
Singapore | 0.3 | 0.1 | 0.1 | 0.1 | -30.7% |
Others | 0.7 | 1.0 | 2.5 | 0.7 | 0.0% |
Total | 22.0 | 12.1 | 11.1 | 11.6 | -19.2% |
Top Suppliers of Nickel; Wire, of Nickel Alloys to Indonesia in 2022:
- France (130.9 tons)
- Switzerland (112.2 tons)
- Japan (89.5 tons)
- Italy (36.5 tons)
- China (28.4 tons)
- Singapore (11.9 tons)
- India (10.8 tons)
Exports of Nickel; Wire, of Nickel Alloys in Indonesia
Nickel; wire, of nickel alloys exports from Indonesia shrank rapidly to 8.4 tons in 2022, falling by -26.2% compared with 2021. In general, exports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 78%.
In value terms, nickel; wire, of nickel alloys exports dropped notably to $199K in 2022. Overall, exports recorded a sharp reduction. The growth pace was the most rapid in 2021 with an increase of 57% against the previous year.
Export of Nickel; Wire, of Nickel Alloys in Indonesia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Bangladesh | 410 | 64.1 | 146 | 118 | -34.0% |
India | 147 | 24.9 | 61.5 | 54.0 | -28.4% |
China | 51.9 | 4.4 | 0.3 | 9.5 | -43.2% |
Singapore | 63.7 | 0.7 | 4.3 | 9.4 | -47.2% |
Brazil | 123 | N/A | N/A | N/A | 0% |
Others | 11.7 | 60.6 | 31.6 | 7.9 | -12.3% |
Total | 808 | 155 | 244 | 199 | -37.3% |
Top Export Markets for Nickel; Wire, of Nickel Alloys from Indonesia in 2022:
- Bangladesh (7.7 tons)
- India (0.3 tons)
- Singapore (0.2 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the market for nickel and nickel alloy bar in Indonesia.
Global Market for Nickel And Nickel Alloy Bar. This report provides an in-depth analysis of the global market for nickel and nickel alloy bar.
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