Ireland: Nickel Ore Market 2020

Nickel Ore Market Size in Ireland

The revenue of the nickel ore market in Ireland amounted to $X in 2017, declining by -X% against the previous year. Overall, nickel ore consumption continues to indicate a sharp drop. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. Ireland nickel ore consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Nickel Ore Production in Ireland

In 2017, the amount of nickel ores and concentrates produced in Ireland amounted to X tons, remaining stable against the previous year. In general, nickel ore production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008, when the output figure increased by X% against the previous year. Ireland nickel ore production peaked in 2017, and is expected to retain its growth in the immediate term.

Nickel Ore Exports from Ireland

In 2017, approx. X kg of nickel ores and concentrates were exported from Ireland; waning by -X% against the previous year. In general, nickel ore exports continue to indicate an abrupt deduction. The pace of growth appeared the most rapid in 2015, when exports increased by X% against the previous year. In that year, the nickel ore exports attained their peak volume of X tons. From 2016 to 2017, growth of the nickel ore exports failed to regain its momentum.

In value terms, nickel ore exports amounted to $X in 2017. In general, nickel ore exports continue to indicate a deep decrease. Ireland exports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Ore Exports by Country from Ireland

The Philippines represented the major exporter of nickel ores and concentrates in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2017. Indonesia (X tons) ranks second in terms of the global exports with a X% share, 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 ($X) remains the largest nickel ore supplier from Ireland, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

In Indonesia, nickel ore exports increased at an average annual rate of +X% over the period from 2007-2017. 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 Ireland

In 2017, the nickel ore export price in Ireland amounted to $X per ton, growing by X% against the previous year. Overall, the export price indicated a remarkable growth 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 2015 indices. The most prominent rate of growth was recorded in 2017, 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, 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 Ireland

In 2017, approx. X tons of nickel ores and concentrates were imported into Ireland; dropping by -X% against the previous year. In general, nickel ore imports continue to indicate a drastic drop. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Ireland imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports totaled $X in 2017. In general, nickel ore imports continue to indicate a drastic shrinkage. Ireland imports peaked of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Ore Imports by Country into Ireland

China (X tons) and South Korea (X tons) represented the major importers of nickel ores and concentrates in 2017, resulting at approx. X% and X% of total imports, respectively. It was distantly followed by Japan (X tons), Ukraine (X tons) and Macedonia (X tons), together making up X% share of total imports. Greece (X tons) and China, Hong Kong SAR (X tons) held the minor 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Ireland, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, nickel ore imports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: South Korea (+X% per year) and Japan (-X% per year).

Nickel Ore Import Prices by Country in Ireland

In 2017, the nickel ore import price in Ireland amounted to $X per ton, surging by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2015, an increase of X% against the previous year. In that year, the import prices for nickel ores and concentrates attained their peak level of $X per ton. From 2016 to 2017, growth of the import prices for nickel ores and concentrates 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 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