Report Update Nov 1, 2024

Puerto Rico - Nickel Ores and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Nickel Ore Market 2024

Nickel Ore Market Size in Puerto Rico

The Puerto Rican nickel ore market was estimated at less than $X in 2021, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption showed a relatively flat trend pattern.

Nickel Ore Exports

Exports from Puerto Rico

In 2021, nickel ore exports from Puerto Rico stood at less than X kg, therefore, remained relatively stable against the previous year. Over the period under review, exports saw a relatively flat trend pattern.

In value terms, nickel ore exports totaled less than $X in 2021. In general, exports showed a relatively flat trend pattern.

Exports by Country

The Philippines prevails in exports structure, accounting for X tons, which was approx. 92% of total exports in 2021. It was distantly followed by Guatemala (X tons), comprising a 5% share of total exports.

Exports from the Philippines increased at an average annual rate of +4.7% from 2012 to 2021. At the same time, Guatemala (+33.5%) displayed positive paces of growth. Moreover, Guatemala emerged as the fastest-growing exporter exported in the world, with a CAGR of +33.5% from 2012-2021. From 2012 to 2021, the share of Guatemala increased by +4.4 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the Philippines ($X) remains the largest nickel ore supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was held by Guatemala ($X), with a 2.6% share of global exports.

From 2012 to 2021, the average annual rate of growth in terms of value in the Philippines amounted to +9.2%.

Export Prices by Country

The export price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. In general, the export price saw a relatively flat trend pattern.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Guatemala ($X per ton), while the Philippines amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+4.4%).

Nickel Ore Imports

Imports into Puerto Rico

In 2021, the amount of nickel ores and concentrates imported into Puerto Rico totaled less than X kg, remaining relatively unchanged against the year before. Overall, imports saw a relatively flat trend pattern.

In value terms, nickel ore imports stood at less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

China prevails in imports structure, resulting at X tons, which was near 90% of total imports in 2021. It was distantly followed by Japan (X tons), committing a 6.4% share of total imports. The following importers - Ukraine (X tons) - together made up 2.5% of total imports.

From 2012 to 2021, average annual rates of growth with regard to nickel ore imports into China stood at -3.2%. North Macedonia (-1.2%), Ukraine (-1.8%) and Japan (-4.5%) illustrated a downward trend over the same period. While the share of China (+2.4 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of North Macedonia (-2.3 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported nickel ores and concentrates into Puerto Rico, comprising 75% of global imports. The second position in the ranking was held by Japan ($X), with a 4.7% share of global imports.

From 2012 to 2021, the average annual growth rate of value in China stood at -1.9%. In the other countries, the average annual rates were as follows: Japan (-2.3% per year) and Ukraine (-6.1% per year).

Import Prices by Country

The import price in Puerto Rico stood at less than $X per ton in 2021, almost unchanged from the previous year. Overall, the import price showed a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per ton), while Ukraine ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+2.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for nickel ores and concentrates in the world?

The countries with the highest volumes of in 2021 were China, the Philippines and Indonesia, with a combined 98% share of global consumption.

What are the largest producers of nickel ores and concentrates in the world?

The Philippines remains the largest nickel ore producing country worldwide, comprising approx. 65% of total volume. Moreover, nickel ore production in the Philippines exceeded the figures recorded by the second-largest producer, Indonesia, twofold.

What are the leading suppliers of nickel ores and concentrates to Puerto Rico?

In value terms, China constitutes the largest market for imported nickel ores and concentrates into Puerto Rico, comprising 76% of global imports. The second position in the ranking was occupied by North Macedonia, with a 2% share of global imports.

What are the leading importers of nickel ores and concentrates from Puerto Rico?

In value terms, the largest nickel ore supplying countries from Puerto Rico were the Philippines, Indonesia and Russia, together comprising 62% of total exports.

What is the average export price for nickel ores and concentrates in Puerto Rico?

The export price in Puerto Rico stood at $less than 0.1 per ton in 2021, approximately reflecting the previous year.

What is the average import price for nickel ores and concentrates in Puerto Rico?

The import price in Puerto Rico stood at $less than 0.1 per ton in 2021, leveling off at the previous year.

This report provides an in-depth analysis of the nickel ore market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 07291200 - Nickel ores and concentrates

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023