Chile: Nickel Ore Market 2020

Nickel Ore Market Size in Chile

The revenue of the nickel ore market in Chile amounted to $X in 2017, jumping by X% against the previous year. Overall, nickel ore consumption continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2012, when it surged by X% y-o-y. Over the period under review, the nickel ore market reached its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Nickel Ore Production in Chile

In 2017, production of nickel ores and concentrates in Chile totaled X kg, approximately mirroring the previous year. Overall, nickel ore production continues to indicate a relatively flat trend pattern.

Nickel Ore Exports from Chile

In 2017, approx. X kg of nickel ores and concentrates were exported from Chile; declining by -X% against the previous year. Overall, nickel ore exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. In that year, the nickel ore exports reached their peak volume of X tons. From 2012 to 2017, growth of the nickel ore exports stood at a somewhat lower level.

In value terms, nickel ore exports amounted to $X in 2017. In general, nickel ore exports continue to indicate a dramatic deduction. In that year, the nickel ore exports attained their peak level of $X. From 2012 to 2017, growth of the nickel ore exports stood at a somewhat lower level.

Nickel Ore Exports by Country from Chile

In 2017, the Philippines (X tons) was the main exporter for nickel ores and concentrates, mixed up X% of total exports. Indonesia (X tons) occupied the second position in the ranking, followed by New Caledonia (X tons), Australia (X tons) and Finland (X tons). All these countries together took approx. X% share of total exports. Guatemala (X tons) and Canada (X tons) held the minor 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 ($X) remains the largest nickel ore supplier from Chile, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 amounted to +X%. 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 Chile

The nickel ore export price in Chile stood at $X per ton in 2017, jumping by X% against the previous year. In general, the export price indicated a significant increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the nickel ore export price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2017, when the export prices increased by X% against the previous year. In that year, the export prices for nickel ores and concentrates reached their peak level, and is likely to continue its growth in the immediate term.

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 Chile

In 2017, nickel ore imports into Chile totaled X tons, coming up by X% against the previous year. Overall, nickel ore imports continue to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Chile imports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, nickel ore imports stood at $X in 2017. Overall, nickel ore imports continue to indicate a tangible growth. Chile imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Nickel Ore Imports by Country into Chile

China (X tons) and South Korea (X tons) represented the largest importers of nickel ores and concentrates in 2017, amounting to near X% and X% of total imports, respectively. It was distantly followed by Japan (X tons), Ukraine (X tons) and Macedonia (X tons), together committing 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Chile, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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 stood at -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 Chile

In 2017, the nickel ore import price in Chile amounted to $X per ton, declining by -X% against the previous year. In general, nickel ore import price continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2016, when it surged by -X% y-o-y. Over the period under review, the import prices for nickel ores and concentrates attained its peak figure level of $X per kg in 2007; however, from 2008 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

Frequently Asked Questions (FAQ) :