Russian Federation: Nickel Ore Market 2020

Nickel Ore Market Size in Russian Federation

The revenue of the nickel ore market in Russia amounted to $X in 2017, jumping by X% against the previous year. In general, nickel ore consumption continues to indicate a temperate increase. The growth pace was the most rapid in 2011, when market value increased by X% against the previous year. In that year, the nickel ore market attained their peak level of $X. From 2012 to 2017, growth of the nickel ore market stood at a somewhat lower level.

Nickel Ore Production in Russian Federation

In 2017, production of nickel ores and concentrates in Russia totaled X tons, therefore, remained relatively stable against the previous year. Overall, nickel ore production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when it surged by X% against the previous year. Russia nickel ore production peaked in 2017, and is expected to retain its growth in the near future.

Nickel Ore Exports from Russian Federation

In 2017, nickel ore exports from Russia stood at X tons, reducing by -X% against the previous year. Overall, nickel ore exports continue to indicate a prominent increase. The growth pace was the most rapid in 2016, with an increase of X% y-o-y. In that year, the nickel ore exports reached their peak volume of X tons, and then declined slightly in the following year.

In value terms, nickel ore exports stood at $X in 2017. In general, nickel ore exports continue to indicate an outstanding increase. Russia exports peaked in 2017, and are likely to see steady growth in the near future.

Nickel Ore Exports by Country from Russian Federation

The Philippines represented the major exporting country with an export of about X tons, which recorded X% of total exports. 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) took the minor share of total exports.

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 ($X) remains the largest nickel ore supplier from Russia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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%. In the other countries, the average annual rates were as follows: the Philippines (+X% per year) and New Caledonia (-X% per year).

Nickel Ore Export Prices by Country in Russian Federation

In 2017, the nickel ore export price in Russia amounted to $X per kg, coming up by X% against the previous year. In general, nickel ore export price continues to indicate a temperate expansion. The most prominent rate of growth was recorded in 2016, when the export prices increased by X% y-o-y. Over the period under review, the export prices for nickel ores and concentrates attained its maximum level in 2017, and is likely to see steady growth in the near future.

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 Russian Federation

In 2017, the amount of nickel ores and concentrates imported into Russia stood at X tons, jumping by X% against the previous year. In general, nickel ore imports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the nickel ore imports reached their peak volume, and are likely to continue its growth in the immediate term.

In value terms, nickel ore imports totaled $X in 2017. Overall, nickel ore imports continue to indicate an outstanding expansion. In that year, the nickel ore imports reached their peak level, and are likely to continue its growth in the immediate term.

Nickel Ore Imports by Country into Russian Federation

China (X tons) and South Korea (X tons) were the main importers of nickel ores and concentrates in 2017, reaching near X% and X% of total imports, respectively. Japan (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Ukraine (X%) and Macedonia (X%). Greece (X tons) and China, Hong Kong SAR (X tons) followed a long way behind the leaders.

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 ($X) constitutes the largest market for imported nickel ores and concentrates into Russia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, nickel ore imports declined by an average annual rate of -X% over the period from 2007-2017. 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 Russian Federation

The nickel ore import price in Russia stood at $X per ton in 2017, coming down by -X% against the previous year. In general, the import price indicated a slight expansion 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 import price decreased by -X% against 2012 indices. The most prominent rate of growth was recorded in 2012, when the import prices increased by X% y-o-y. In that year, the import prices for nickel ores and concentrates attained their peak level of $X per ton. From 2013 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

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