EU: Nickel Matte Market 2020

Nickel Matte Market Size in the EU

The revenue of the nickel matte market in the European Union amounted to $X in 2017, picking up by X% against the previous year. The nickel matte consumption continues to indicate a deep deduction. The pace of growth was the most pronounced in 2010, with an increase of X% year-to-year. In that year, the nickel matte market attained their peak level of $X. From 2011 to 2017, growth of the nickel matte market failed to regain its momentum.

Nickel Matte Production in the EU

The nickel matte production amounted to X tons in 2017, approximately mirroring the previous year. The nickel matte production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2016, when it surged by X% against the previous year. Over the period under review, the nickel matte production reached its maximum volume in 2017, and is likely to continue its growth in the near future.

Nickel Matte Exports in the EU

The exports stood at X tons in 2017, growing by X% against the previous year. The nickel matte exports continue to indicate a strong growth. The growth pace was the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the nickel matte exports attained its maximum volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, nickel matte exports totaled $X in 2017. The nickel matte exports continue to indicate a slight slump. Over the period under review, the nickel matte exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Matte Exports by Country in the EU

In 2017, Finland (X tons) represented the major exporter for nickel mattes and nickel oxide sinters, generating X% of total exports. It was distantly followed by Germany (X tons), committing X% share of total exports. The following exporters - the Netherlands (X tons) and the UK (X tons) together made up X% of total exports.

Finland was also the fastest growing in terms of the nickel mattes and nickel oxide sinters exports, with a CAGR of +X% from 2007 to 2017. At the same time, the UK (+X%) displayed positive paces of growth. By contrast, Germany (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. While the share of the Netherlands (X%) and Germany (X%) increased significantly in terms of the global exports from 2007-2017, the share of Finland (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) remains the largest nickel matte supplier in the European Union, making up X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in Finland totaled +X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the Netherlands (-X% per year).

Nickel Matte Export Prices by Country in the EU

The nickel matte export price in the European Union stood at $X per ton in 2017, picking up by X% against the previous year. The nickel matte export price continues to indicate a deep descent. The most prominent rate of growth was recorded in 2010, when the export prices increased by X% year-to-year. In that year, the export prices for nickel mattes and nickel oxide sinters attained their peak level of $X per kg. From 2011 to 2017, growth of the export prices for nickel mattes and nickel oxide sinters failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the UK ($X per kg), while the Netherlands ($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 the UK (-X% per year), while the other leaders experienced a decline in the export price figures.

Nickel Matte Imports in the EU

In 2017, the amount of nickel mattes and nickel oxide sinters imported in the European Union amounted to X tons, falling by -X% against the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2016, when imports increased by X% y-o-y. In that year, the nickel matte imports attained their peak volume of X tons, and then declined slightly in the following year.

In value terms, nickel matte imports totaled $X in 2017. The nickel matte imports continue to indicate an abrupt decline. The level of imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Matte Imports by Country in the EU

Finland (X tons) and the UK (X tons) dominates nickel matte imports structure, together making up X% of total imports. It was distantly followed by France (X tons), committing X% 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 Finland (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, the largest nickel matte markets worldwide were the UK ($X), Finland ($X) and France ($X), together comprising X% of total imports.

Among the main importing countries , Finland (+X% per year) recorded the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced a decline in the imports figures.

Nickel Matte Import Prices by Country in the EU

The nickel matte import price in the European Union stood at $X per ton in 2017, flattening at the previous year. The nickel matte import price continues to indicate a drastic shrinkage. The growth pace was the most rapid in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for nickel mattes and nickel oxide sinters attained its maximum level of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was the UK ($X per kg), while France ($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 the UK (-X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform