Price for Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in South Africa - 2024

Contents:

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

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

In 2022, the average export price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $10,991 per ton, jumping by 294% against the previous year. Overall, the export price showed a measured increase. Over the period under review, the average export prices hit record highs at $13,842 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($25,689 per ton), while the average price for exports to Norway ($3,247 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 Japan (+691.4%).

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

In 2022, the average import price for nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies amounted to $11,405 per ton, declining by -12.7% against the previous year. Over the period under review, the import price showed a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 185% against the previous year. The import price peaked at $46,530 per ton in 2015; however, from 2016 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 China ($62,769 per ton), while the price for Botswana ($16 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+25.8%).

Exports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in South Africa

For the fourth consecutive year, South Africa recorded growth in shipments abroad of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies, which increased by 37% to 319 tons in 2022. Overall, exports posted a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 63,703% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies skyrocketed to $3.5M in 2022. In general, exports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 82,458% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Norway (121.2 tons)
2. China (82.7 tons)
3. United States (75.0 tons)
4. Japan (40.0 tons)
5. Botswana (0.1 tons)

Imports of Nickel Mattes; Nickel Oxide Sinters and Other Intermediate Products of Nickel Metallurgy in South Africa

Imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies into South Africa soared to 321 kg in 2022, growing by 53% against the previous year. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 8,090% against the previous year. As a result, imports reached the peak of 819 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of nickel mattes; nickel oxide sinters and other intermediate products of nickel metallurgies surged to $3.7K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 7,114% against the previous year. As a result, imports attained the peak of $11K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

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

1. Iran (200.0 kg)
2. Botswana (61.0 kg)
3. Thailand (44.0 kg)
4. China (13.0 kg)
5. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform