South-Eastern Asia: Nickel Ore Market 2020

Nickel Ore Market Size in South-Eastern Asia

The revenue of the nickel ore market in South-Eastern Asia amounted to $X in 2017, declining by -X% against the previous year. The nickel ore consumption continues to indicate an abrupt setback. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, the nickel ore market attained its maximum level of $X in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

Nickel Ore Production in South-Eastern Asia

In 2017, production of nickel ores and concentrates in South-Eastern Asia stood at X tons, flattening at 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 being observed over the period under review. The pace of growth was the most pronounced in 2008, when it surged by X% y-o-y. Over the period under review, the nickel ore production reached its maximum volume in 2017, and is likely to continue its growth in the near future.

Nickel Ore Exports

Exports in South-Eastern Asia

In 2017, approx. X tons of nickel ores and concentrates were exported in South-Eastern Asia; growing by X% against the previous year. The nickel ore exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2011, when it surged by X% year-to-year. Over the period under review, the nickel ore exports reached its peak figure volume in 2017, and are likely to continue its growth in the immediate term.

In value terms, nickel ore exports amounted to $X in 2017. The nickel ore exports continue to indicate a strong increase. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Exports by Country

The Philippines was the major exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Indonesia (X tons), constituting X% 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 the Philippines (+X% per year).

In value terms, Indonesia ($X) remains the largest nickel ore supplier in South-Eastern Asia, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports.

In Indonesia, nickel ore exports expanded at an average annual rate of +X% over the period from 2007-2017.

Export Prices by Country

The nickel ore export price in South-Eastern Asia stood at $X per ton in 2017, coming down by -X% against the previous year. The nickel ore export price continues to indicate a measured contraction. The growth pace was the most rapid in 2016, when the export prices increased by X% against the previous year. The level of 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 Indonesia (+X% per year).

Nickel Ore Imports

Imports in South-Eastern Asia

The imports stood at X tons in 2017, going up by X% against the previous year. The nickel ore imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. The volume of imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports totaled $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. In that year, the nickel ore imports reached their peak level, and are likely to continue its growth in the immediate term.

Imports by Country

The Philippines represented the largest importer of nickel ores and concentrates in South-Eastern Asia, with the volume of imports reaching X tons, which was near X% of total imports in 2017. Singapore (X tons) held a X% share (based on tons) of total imports, which put it in second place, followed by Vietnam (X%) and Thailand (X%). The following importers - Indonesia (X tons) and Cambodia (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 Cambodia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), the Philippines ($X) and Vietnam ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

The Philippines (+X% per year) experienced the highest growth rate of imports, among the main importing countriesover the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The nickel ore import price in South-Eastern Asia stood at $X per ton in 2017, growing by X% against the previous year. The nickel ore import price continues to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2015, when it surged by X% against the previous year. The level of import price peaked in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Singapore ($X per ton), while Cambodia ($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 the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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