Czech Republic: Nickel Ore Market 2020

Nickel Ore Market Size in the Czech Republic

The revenue of the nickel ore market in the Czech Republic amounted to $X in 2017, leveling off at the previous year. In general, nickel ore consumption continues to indicate a relatively flat trend pattern. The Czech Republic nickel ore consumption peaked of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Nickel Ore Production in the Czech Republic

In 2017, approx. X tons of nickel ores and concentrates were produced in the Czech Republic; shrinking by -X% against the previous year. Overall, nickel ore production continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Over the period under review, the nickel ore production reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Exports in the Czech Republic

In 2017, exports of nickel ores and concentrates from the Czech Republic amounted to X kg, waning by -X% against the previous year. Overall, nickel ore exports continue to indicate a sharp descent. The growth pace was the most rapid in 2009, when it surged by -X% against the previous year. Over the period under review, the nickel ore exports reached its peak figure volume of X tons in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore exports totaled $X in 2017. Overall, nickel ore exports continue to indicate a sharp downturn. Over the period under review, the nickel ore exports reached its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Exports by Country in the Czech Republic

The Philippines was the main exporter of nickel ores and concentrates in the world, with the volume of exports recording X tons, which was near X% of total exports in 2017. 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) followed a long way behind the leaders.

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 ($X) remains the largest nickel ore supplier from the Czech Republic, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 growth rate 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 the Czech Republic

The nickel ore export price in the Czech Republic stood at $X per ton in 2017, picking up by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2017, when the export prices increased by X% year-to-year. In that year, the export prices for nickel ores and concentrates attained 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 in the Czech Republic

Nickel ore imports into the Czech Republic totaled X tons in 2017, reducing by -X% against the previous year. Overall, nickel ore imports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2011, when imports increased by X% against the previous year. The Czech Republic imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports stood at $X in 2017. Overall, nickel ore imports continue to indicate a drastic slump. Over the period under review, the nickel ore imports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Imports by Country in the Czech Republic

China (X tons) and South Korea (X tons) represented the key importers of nickel ores and concentrates in 2017, reaching approx. X% and X% of total imports, respectively. Japan (X tons) took the second position in the ranking, followed by Ukraine (X tons) and Macedonia (X tons). All these countries together held near X% share of total imports. 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 ($X) constitutes the largest market for imported nickel ores and concentrates into the Czech Republic, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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 the Czech Republic

In 2017, the nickel ore import price in the Czech Republic amounted to $X per kg, falling by -X% against the previous year. Overall, nickel ore import price continues to indicate a slight contraction. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% against the previous year. The Czech Republic import price peaked of $X per kg in 2012; however, from 2013 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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