Middle East: Nickel Matte Market 2020

Nickel Matte Market Size in Middle East

The revenue of the nickel matte market in Middle East amounted to $X in 2017, rising by X% against the previous year. The total market indicated a strong increase from 2007 to 2017: its value 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 matte consumption increased by +X% against 2009 indices. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the nickel matte market attained its peak figure level in 2017, and is expected to retain its growth in the near future.

Nickel Matte Production in Middle East

The nickel matte production amounted to X tons in 2017, rising by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The most prominent rate of growth was recorded in 2017, when the output figure increased by X% against the previous year. In that year, the nickel matte production reached their peak volume, and is likely to continue its growth in the immediate term.

Nickel Matte Exports in Middle East

In 2017, the amount of nickel mattes and nickel oxide sinters exported in Middle East totaled X tons, surging by X% against the previous year. The nickel matte exports continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2016, when it surged by X% y-o-y. Over the period under review, the nickel matte exports attained its peak figure volume in 2017, and are expected to retain its growth in the near future.

In value terms, nickel matte exports amounted to $X in 2017. The nickel matte exports continue to indicate an outstanding expansion. Over the period under review, the nickel matte exports attained its peak figure level in 2017, and are likely to see steady growth in the near future.

Nickel Matte Export Prices by Country in Middle East

The nickel matte export price in Middle East stood at $X per kg in 2017, rising by X% against the previous year. The export price indicated a prominent 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. The pace of growth was the most pronounced in 2013, when the export prices increased by X% against the previous year. The level of export price peaked in 2017, and is likely to see steady growth in the near future.

Average export prices varied somewhat amongst the major exporting countries. In 2017, major exporting countries recorded the following export prices: in the United Arab Emirates ($X per kg) and Turkey ($X per kg), while Turkey ($X per kg) and the United Arab Emirates ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Turkey (+X% per year).

Nickel Matte Imports in Middle East

In 2017, approx. X tons of nickel mattes and nickel oxide sinters were imported in Middle East; increasing by X% against the previous year. The nickel matte imports continue to indicate a deep curtailment. The pace of growth appeared the most rapid in 2016, when imports increased by X% year-to-year. Over the period under review, the nickel matte imports attained 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 matte imports stood at $X in 2017. The nickel matte imports continue to indicate a deep downturn. Over the period under review, the nickel matte imports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Matte Imports by Country in Middle East

Syrian Arab Republic (X tons) and Saudi Arabia (X tons) dominates nickel matte imports structure, together comprising X% of total imports. It was distantly followed by Turkey (X tons), generating X% share of total imports. Israel (X tons) occupied the slight 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 Syrian Arab Republic (+X% per year), while the other leaders experienced a decline in the imports figures.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported nickel mattes and nickel oxide sinters in Middle East, making up X% of global imports. The second position in the ranking was occupied by Syrian Arab Republic ($X), with a X% share of global imports. It was followed by Israel, with a X% share.

In Saudi Arabia, nickel matte imports expanded at 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: Syrian Arab Republic (+X% per year) and Israel (-X% per year).

Nickel Matte Import Prices by Country in Middle East

The nickel matte import price in Middle East stood at $X per kg in 2017, coming down 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 2013, when the import prices increased by X% year-to-year. The level of import price peaked of $X per kg in 2014; however, from 2015 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 Saudi Arabia ($X per kg), while Syrian Arab Republic ($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 Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform