Peru: Nickel Ore Market 2020

Nickel Ore Market Size in Peru

The revenue of the nickel ore market in Peru amounted to $X in 2017, rising by X% against the previous year. In general, nickel ore consumption continues to indicate an outstanding expansion. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the nickel ore market reached its maximum level in 2017, and is expected to retain its growth in the immediate term.

Nickel Ore Production in Peru

Nickel ore production in Peru amounted to X tons in 2017, approximately equating 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 over the period under review. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the nickel ore production reached its peak figure volume in 2017, and is likely to see steady growth in the immediate term.

Nickel Ore Exports from Peru

In 2017, the amount of nickel ores and concentrates exported from Peru totaled X kg, going down by -X% against the previous year. Overall, nickel ore exports continue to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2009, when exports increased by X% year-to-year. Peru exports peaked of X kg in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore exports totaled $X in 2017. Overall, nickel ore exports continue to indicate a precipitous decrease. Peru exports peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Exports by Country from Peru

In 2017, the Philippines (X tons) was the key exporter for nickel ores and concentrates, achieving X% of total exports. It was distantly followed by Indonesia (X tons), New Caledonia (X tons), Australia (X tons) and Finland (X tons), together committing X% share of total exports. 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 ($X) remains the largest nickel ore supplier from Peru, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 stood at +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 Peru

In 2017, the nickel ore export price in Peru 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 pace of growth was the most pronounced in 2017, an increase of X% y-o-y. Peru export price peaked of $X per ton in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, 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 Peru

In 2017, the amount of nickel ores and concentrates imported into Peru totaled X tons, shrinking by -X% against the previous year. Overall, nickel ore imports continue to indicate a strong growth. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. Peru imports peaked of X tons in 2016, and then declined slightly in the following year.

In value terms, nickel ore imports totaled $X in 2017. In general, nickel ore imports continue to indicate a prominent growth. In that year, the nickel ore imports reached their peak level of $X. From 2011 to 2017, growth of the nickel ore imports stood at a somewhat lower level.

Nickel Ore Imports by Country into Peru

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

In 2017, the nickel ore import price in Peru amounted to $X per ton, picking up by X% against the previous year. Overall, nickel ore import price continues to indicate a drastic setback. The growth pace was the most rapid in 2017, an increase of X% y-o-y. Peru import price peaked of $X per ton in 2009; however, from 2010 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

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