Australia: Nickel Ore Market 2020

Nickel Ore Market Size in Australia

The revenue of the nickel ore market in Australia amounted to $X in 2017, growing by X% against the previous year. Overall, nickel ore consumption continues to indicate a deep curtailment. The growth pace was the most rapid in 2010, with an increase of X% y-o-y. In that year, the nickel ore market attained their peak level of $X. From 2011 to 2017, growth of the nickel ore market failed to regain its momentum.

Nickel Ore Production in Australia

In 2017, production of nickel ores and concentrates in Australia totaled X kg, standing approx. at the previous year. Overall, nickel ore production continues to indicate a relatively flat trend pattern.

Nickel Ore Exports from Australia

Nickel ore exports from Australia stood at X tons in 2017, declining by -X% against the previous year. In general, nickel ore exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2008, when it surged by X% against the previous year. Australia exports peaked of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore exports amounted to $X in 2017. Overall, nickel ore exports continue to indicate a drastic downturn. Over the period under review, the nickel ore exports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Nickel Ore Exports by Country from Australia

The Philippines was the key exporting country with an export of about X tons, which finished at X% of total exports. Indonesia (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by New Caledonia (X%), Australia (X%) and Finland (X%). Guatemala (X tons) and Canada (X tons) occupied the slight share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) remains the largest nickel ore supplier from Australia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

In Indonesia, nickel ore exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and New Caledonia (-X% per year).

Nickel Ore Export Prices by Country in Australia

In 2017, the nickel ore export price in Australia amounted to $X per ton, jumping by X% against the previous year. Overall, nickel ore export price continues to indicate an abrupt curtailment. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Australia export price peaked of $X per ton in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Indonesia ($X per ton), while the Philippines ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Finland (+X% per year), while the other leaders experienced more modest paces of growth.

Nickel Ore Imports into Australia

In 2017, approx. X tons of nickel ores and concentrates were imported into Australia; lowering by -X% against the previous year. Overall, nickel ore imports continue to indicate a mild drop. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Australia imports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore imports stood at $X in 2017. In general, nickel ore imports continue to indicate a deep deduction. In that year, the nickel ore imports reached their peak level of $X. From 2011 to 2017, growth of the nickel ore imports stood at a somewhat lower level.

Nickel Ore Imports by Country into Australia

China (X tons) and South Korea (X tons) represented roughly X% of total imports of nickel ores and concentrates in 2017. Japan (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Ukraine (X%) and Macedonia (X%). The following importers - Greece (X tons) and China, Hong Kong SAR (X tons) together made up X% of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by China, Hong Kong SAR (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) constitutes the largest market for imported nickel ores and concentrates into Australia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled -X%. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (-X% per year).

Nickel Ore Import Prices by Country in Australia

In 2017, the nickel ore import price in Australia amounted to $X per ton, reducing by -X% against the previous year. Overall, nickel ore import price continues to indicate a measured decline. The pace of growth appeared the most rapid in 2012, when the import prices increased by X% year-to-year. Australia import price peaked of $X per ton in 2009; however, from 2010 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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