Saudi Arabia: Nickel Ore Market 2020

Nickel Ore Market Size in Saudi Arabia

The revenue of the nickel ore market in Saudi Arabia amounted to $X in 2017, coming down by -X% against the previous year. Overall, nickel ore consumption continues to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2008, with an increase of -X% y-o-y. Saudi Arabia nickel ore consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Production in Saudi Arabia

In 2017, production of nickel ores and concentrates in Saudi Arabia amounted to X tons, jumping 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 relatively stable, with somewhat noticeable fluctuations over the period under review. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. Over the period under review, the nickel ore production attained its maximum volume in 2017, and is expected to retain its growth in the near future.

Nickel Ore Exports from Saudi Arabia

In 2017, nickel ore exports from Saudi Arabia amounted to X tons, growing by X% against the previous year. In general, nickel ore exports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2011, when exports increased by X% y-o-y. Over the period under review, the nickel ore exports reached its maximum volume in 2017, and are likely to continue its growth in the near future.

In value terms, nickel ore exports totaled $X in 2017. Overall, nickel ore exports continue to indicate a skyrocketing expansion. Saudi Arabia exports peaked in 2017, and are expected to retain its growth in the immediate term.

Nickel Ore Exports by Country from Saudi Arabia

The Philippines was the major exporter of nickel ores and concentrates in the world, with the volume of exports finishing at X tons, which was near X% of total exports in 2017. Indonesia (X tons) held the second position in the ranking, followed by New Caledonia (X tons), Australia (X tons) and Finland (X tons). All these countries together occupied near 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 ($X) remains the largest nickel ore supplier from Saudi Arabia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 amounted to +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 Saudi Arabia

The nickel ore export price in Saudi Arabia stood at $X per ton in 2017, approximately reflecting the previous year. In general, nickel ore export price continues to indicate a relatively flat trend pattern. Over the period under review, the export prices for nickel ores and concentrates reached its maximum level of $X per ton in 2007; afterwards, it flattened through to 2017.

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 Saudi Arabia

In 2017, approx. X kg of nickel ores and concentrates were imported into Saudi Arabia; coming down by -X% against the previous year. Overall, nickel ore imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014, when imports increased by -X% y-o-y. Saudi Arabia imports peaked of X kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore imports totaled $X in 2017. Overall, nickel ore imports continue to indicate a prominent increase. In that year, the nickel ore imports reached their peak level of $X, and then declined slightly in the following year.

Nickel Ore Imports by Country into Saudi Arabia

China (X tons) and South Korea (X tons) represented roughly X% of total imports of nickel ores and concentrates in 2017. Japan (X tons) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Ukraine (X%) and Macedonia (X%). 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Saudi Arabia, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, nickel ore imports shrank 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 Saudi Arabia

The nickel ore import price in Saudi Arabia stood at $X per kg in 2017, surging by X% against the previous year. Overall, nickel ore import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. Saudi Arabia import price peaked in 2017, and is expected to retain its growth in the immediate term.

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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