Singapore: Nickel Ore Market 2020

Nickel Ore Market Size in Singapore

The revenue of the nickel ore market in Singapore amounted to $X in 2017, picking up by X% against the previous year. In general, nickel ore consumption continues to indicate a strong expansion. The pace of growth was the most pronounced in 2008, with an increase of X% against the previous year. Singapore nickel ore consumption peaked of $X in 2014; however, from 2015 to 2017, it failed to regain its momentum.

Nickel Ore Production in Singapore

In 2017, the amount of nickel ores and concentrates produced in Singapore totaled X kg, flattening at the previous year. In general, nickel ore production continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2009, with an increase of X% year-to-year. Over the period under review, the nickel ore production attained its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Nickel Ore Exports from Singapore

In 2017, approx. X tons of nickel ores and concentrates were exported from Singapore; reducing by -X% against the previous year. In general, nickel ore exports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2011, when exports increased by X% year-to-year. Over the period under review, the nickel ore exports reached its maximum volume of X tons in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore exports totaled $X in 2017. Overall, nickel ore exports continue to indicate a drastic reduction. Over the period under review, the nickel ore exports attained its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Nickel Ore Exports by Country from Singapore

The Philippines represented the largest exporting country with an export of about X tons, which reached 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%). The following exporters - Guatemala (X tons) and Canada (X tons) together made up X% 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 ($X) remains the largest nickel ore supplier from Singapore, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 rate of growth in terms of value in Indonesia totaled +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 Singapore

In 2017, the nickel ore export price in Singapore amounted to $X per ton, increasing by X% against the previous year. In general, nickel ore export price continues to indicate a deep decrease. The most prominent rate of growth was recorded in 2014, an increase of X% against the previous year. Singapore export price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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 Singapore

In 2017, the amount of nickel ores and concentrates imported into Singapore amounted to X tons, reducing by -X% against the previous year. Overall, nickel ore imports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Singapore imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports stood at $X in 2017. In general, nickel ore imports continue to indicate a prominent increase. Over the period under review, the nickel ore imports reached its peak figure level of $X in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Nickel Ore Imports by Country into Singapore

In 2017, China (X tons) and South Korea (X tons) represented the largest importers of nickel ores and concentrates in the globe, together resulting at near X% of total imports. It was distantly followed by Japan (X tons), Ukraine (X tons) and Macedonia (X tons), together constituting 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Singapore, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms 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 Singapore

The nickel ore import price in Singapore stood at $X per ton in 2017, jumping by X% against the previous year. Overall, nickel ore import price continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2013, when the import prices increased by X% against the previous year. Over the period under review, the import prices for nickel ores and concentrates attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Import prices varied noticeably by the country of destination; 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

Frequently Asked Questions (FAQ) :