Belgium: Nickel Ore Market 2020

Nickel Ore Market Size in Belgium

The revenue of the nickel ore market in Belgium amounted to $X in 2017, waning by -X% against the previous year. Overall, nickel ore consumption continues to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2012, when it surged by X% against the previous year. Belgium nickel ore consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Production in Belgium

In 2017, production of nickel ores and concentrates in Belgium totaled X tons, going up by X% against the previous year. In general, nickel ore production continues to indicate a skyrocketing increase. The pace of growth was the most pronounced in 2017, when the output figure increased by X% y-o-y. In that year, the nickel ore production reached their peak volume, and is likely to continue its growth in the immediate term.

Nickel Ore Exports from Belgium

In 2017, the amount of nickel ores and concentrates exported from Belgium stood at X tons, surging by X% against the previous year. Overall, nickel ore exports continue to indicate a strong growth. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. Over the period under review, the nickel ore exports reached its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, nickel ore exports totaled $X in 2017. In general, nickel ore exports continue to indicate a significant growth. Belgium exports peaked in 2017, and are expected to retain its growth in the immediate term.

Nickel Ore Exports by Country from Belgium

The Philippines represented the key exporting country with an export of about X tons, which amounted to X% of total exports. Indonesia (X tons) held 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%). The following exporters - Guatemala (X tons) and Canada (X tons) together made up X% 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 ($X) remains the largest nickel ore supplier from Belgium, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Indonesia stood at +X%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and New Caledonia (-X% per year).

Nickel Ore Export Prices by Country in Belgium

The nickel ore export price in Belgium stood at $X per ton in 2017, dropping by -X% against the previous year. Overall, nickel ore export price continues to indicate a drastic decline. The pace of growth appeared the most rapid in 2008, when the export prices increased by X% y-o-y. In that year, the export prices for nickel ores and concentrates attained their peak level of $X per ton. From 2009 to 2017, growth of the export prices for nickel ores and concentrates stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; 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 Belgium

In 2017, nickel ore imports into Belgium amounted to X tons, coming down by -X% against the previous year. Overall, nickel ore imports continue to indicate an abrupt slump. The pace of growth was the most pronounced in 2009, with an increase of X% y-o-y. In that year, the nickel ore imports reached their peak volume of X tons. From 2010 to 2017, growth of the nickel ore imports stood at a somewhat lower level.

In value terms, nickel ore imports stood at $X in 2017. Overall, nickel ore imports continue to indicate a deep curtailment. In that year, the nickel ore imports reached their peak level of $X. From 2010 to 2017, growth of the nickel ore imports failed to regain its momentum.

Nickel Ore Imports by Country into Belgium

In 2017, China (X tons) and South Korea (X tons) represented the largest importers of nickel ores and concentrates in the globe, together making up X% of total imports. It was distantly followed by Japan (X tons), Ukraine (X tons) and Macedonia (X tons), together mixed up X% share of total imports. Greece (X tons) and China, Hong Kong SAR (X tons) took the weak share 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Belgium, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to -X%. In the other countries, the average annual rates were as follows: South Korea (+X% per year) and Japan (-X% per year).

Nickel Ore Import Prices by Country in Belgium

In 2017, the nickel ore import price in Belgium amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, nickel ore import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2010, an increase of X% against the previous year. Belgium import price peaked in 2017, and is likely to see steady growth in the immediate term.

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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