Turkey: Nickel Ore Market 2020

Nickel Ore Market Size in Turkey

The revenue of the nickel ore market in Turkey amounted to $X in 2017, waning by -X% against the previous year. In general, nickel ore consumption continues to indicate a perceptible downturn. The most prominent rate of growth was recorded in 2012, when it surged by X% against the previous year. Turkey nickel ore consumption peaked of $X in 2016, and then declined slightly in the following year.

Nickel Ore Production in Turkey

In 2017, production of nickel ores and concentrates in Turkey amounted to X tons, growing by X% against the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014, with an increase of X% against the previous year. Over the period under review, the nickel ore production reached its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Nickel Ore Exports from Turkey

In 2017, approx. X tons of nickel ores and concentrates were exported from Turkey; picking up by X% against the previous year. In general, nickel ore exports continue to indicate an abrupt setback. The pace of growth was the most pronounced in 2010, when exports increased by X% against the previous year. Turkey exports peaked of X tons in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

In value terms, nickel ore exports amounted to $X in 2017. Overall, nickel ore exports continue to indicate a relatively flat trend pattern. Turkey exports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Nickel Ore Exports by Country from Turkey

In 2017, the Philippines (X tons) represented the largest exporter for nickel ores and concentrates, comprising X% of total exports. Indonesia (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by New Caledonia (X%), Australia (X%) and Finland (X%). Guatemala (X tons) and Canada (X tons) held the slight 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 ($X) remains the largest nickel ore supplier from Turkey, making up X% of global exports. The second position in the ranking was occupied by the Philippines ($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 amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and New Caledonia (-X% per year).

Nickel Ore Export Prices by Country in Turkey

The nickel ore export price in Turkey stood at $X per kg in 2017, surging by X% against the previous year. In general, nickel ore export price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the export prices for nickel ores and concentrates reached its peak figure level in 2017, and is expected to retain its 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 by Country into Turkey

In 2017, China (X tons) and South Korea (X tons) represented the main importers of nickel ores and concentrates in the globe, together amounting to approx. X% of total imports. Japan (X tons) held 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 ($X) constitutes the largest market for imported nickel ores and concentrates into Turkey, making up X% of global imports. The second position in the ranking was occupied by South Korea ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In China, nickel ore imports plunged 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 Turkey

In 2017, the nickel ore import price in Turkey amounted to X, remaining relatively unchanged against by -% against the previous year. Over the last decade, it decreased at an average annual rate of nan%. The growth pace was the most rapid in 2008, when the import prices increased by -% y-o-y. Turkey import price peaked of $X per ton in 2007; however, from 2008 to 2017, it failed to regain its momentum.

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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