Central Asia - Nickel Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCentral Asia: Nickel Ore Market 2024
Nickel Ore Market Size in Central Asia
In 2021, the Central Asian nickel ore market decreased by -95.8% to $X, falling for the third year in a row after two years of growth. Overall, consumption saw a sharp decrease. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Nickel Ore Production in Central Asia
In value terms, nickel ore production shrank markedly to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of 60%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.
Nickel Ore Exports
Exports in Central Asia
In 2021, the amount of nickel ores and concentrates exported in Central Asia skyrocketed to X tons, surging by 64% compared with the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2016 when exports increased by 77%. Over the period under review, the exports attained the maximum in 2021 and are likely to continue growth in the immediate term.
In value terms, nickel ore exports reduced modestly to $X in 2021. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 120%. The level of export peaked at $X in 2020, and then reduced in the following year.
Exports by Country
In 2021, Kazakhstan (X tons) was the largest exporter of nickel ores and concentrates in Central Asia, making up 100% of total export.
Kazakhstan was also the fastest-growing in terms of the nickel ores and concentrates exports, with a CAGR of +56.4% from 2012 to 2021. Kazakhstan (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) also remains the largest nickel ore supplier in Central Asia.
From 2012 to 2021, the average annual growth rate of value in Kazakhstan totaled +38.7%.
Export Prices by Country
The export price in Central Asia stood at $X per ton in 2021, declining by -41.9% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 58%. As a result, the export price reached the peak level of $X per ton. From 2019 to 2021, the export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Kazakhstan.
From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -11.3% per year.
Nickel Ore Imports
Imports in Central Asia
In 2021, supplies from abroad of nickel ores and concentrates decreased by -19.1% to X tons, falling for the fourth consecutive year after six years of growth. Overall, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2013 with an increase of 177% against the previous year. The volume of import peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.
In value terms, nickel ore imports reached $X in 2021. Total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +2.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.9% against 2019 indices. The growth pace was the most rapid in 2013 with an increase of 83% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.
Imports by Country
In 2021, Kazakhstan (X tons) represented the main importer of nickel ores and concentrates in Central Asia, comprising 99.9% of total import.
Kazakhstan was also the fastest-growing in terms of the nickel ores and concentrates imports, with a CAGR of +20.5% from 2012 to 2021. The shares of the largest importers remained relatively stable throughout the analyzed period.
In value terms, Kazakhstan ($X) constitutes the largest market for imported nickel ores and concentrates in Central Asia.
From 2012 to 2021, the average annual growth rate of value in Kazakhstan amounted to +2.6%.
Import Prices by Country
In 2021, the import price in Central Asia amounted to $X per ton, jumping by 27% against the previous year. In general, the import price, however, faced a abrupt downturn. The pace of growth was the most pronounced in 2019 an increase of 40% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Kazakhstan.
From 2012 to 2021, the rate of growth in terms of prices for Kazakhstan amounted to -14.9% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the nickel ore market in Central Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 07291200 - Nickel ores and concentrates
Country coverage:
- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Central Asia, split by region and country
- Trade (exports and imports) in Central Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Kazakhstan
- Kyrgyzstan
- Mongolia
- Tajikistan
- Turkmenistan
- Uzbekistan
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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