Thailand: Nickel Ore Market 2020

Nickel Ore Market Size in Thailand

The revenue of the nickel ore market in Thailand amounted to $X in 2017, surging by X% against the previous year. Overall, nickel ore consumption continues to indicate an abrupt decrease. The pace of growth was the most pronounced in 2014, when market value increased by X% y-o-y. Thailand nickel ore consumption peaked of $X in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Nickel Ore Production in Thailand

Nickel ore production in Thailand amounted to X tons in 2017, remaining constant against the previous year. Overall, nickel ore production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. 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 Thailand

In 2017, approx. X tons of nickel ores and concentrates were exported from Thailand; picking up by X% against the previous year. Overall, nickel ore exports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, when exports increased by X% against the previous year. In that year, the nickel ore exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, nickel ore exports amounted to $X in 2017. Overall, nickel ore exports continue to indicate a slight increase. Over the period under review, the nickel ore exports attained its maximum level of $X in 2012; however, from 2013 to 2017, it stood at a somewhat lower level.

Nickel Ore Exports by Country from Thailand

In 2017, the Philippines (X tons) represented the major exporter for nickel ores and concentrates, generating X% of total exports. It was distantly followed by Indonesia (X tons), New Caledonia (X tons), Australia (X tons) and Finland (X tons), together achieving X% share of total exports. Guatemala (X tons) and Canada (X tons) occupied the weak 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 ($X) remains the largest nickel ore supplier from Thailand, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by New Caledonia, with a X% share.

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

The nickel ore export price in Thailand stood at $X per ton in 2017, coming down by -X% against the previous year. In general, nickel ore export price continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Thailand export price peaked of $X per ton in 2009; however, from 2010 to 2017, it failed to regain its momentum.

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 Thailand

In 2017, nickel ore imports into Thailand amounted to X tons, going down by -X% against the previous year. Overall, nickel ore imports continue to indicate a dramatic reduction. The pace of growth appeared the most rapid in 2013, when imports increased by -X% year-to-year. Thailand imports peaked of X tons in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, nickel ore imports amounted to $X in 2017. Overall, nickel ore imports continue to indicate a dramatic curtailment. Over the period under review, the nickel ore imports reached its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Nickel Ore Imports by Country into Thailand

China (X tons) and South Korea (X tons) were the major importers of nickel ores and concentrates in 2017, amounting to approx. X% and X% of total imports, respectively. Japan (X tons) occupied the second position in the ranking, followed by Ukraine (X tons) and Macedonia (X tons). All these countries together held approx. 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Thailand, making up X% of global imports. The second position in the ranking was occupied by South Korea ($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 totaled -X%. 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 Thailand

The nickel ore import price in Thailand stood at $X per ton in 2017, coming up by X% against the previous year. In general, nickel ore import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017, when the import prices increased by X% y-o-y. In that year, the import prices for nickel ores and concentrates reached their peak level, and is likely to continue 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

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