Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand - 2024
Contents:
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (CIF) - 2024
- Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (FOB) - 2022
- Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand
- Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (CIF) - 2024
The average import price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $40,968 per ton in November 2023, rising by 13% against the previous month. Over the period from January 2023 to November 2023, it increased at an average monthly rate of +1.9%. Over the period under review, average import prices reached the maximum at $43,577 per ton in August 2023; however, from September 2023 to November 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($81,896 per ton), while the price for Japan ($30,842 per ton) was amongst the lowest.
From January 2023 to November 2023, the most notable rate of growth in terms of prices was attained by China (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (FOB) - 2022
The average export price for nickel; plates, sheets, strip and foil, of nickel alloyses stood at $41,067 per ton in 2022, picking up by 343% against the previous year. In general, the export price showed a strong expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($45,396 per ton), while the average price for exports to Japan totaled $24,575 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+47.7%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand
For the fourth consecutive year, Thailand recorded growth in supplies from abroad of nickel; plates, sheets, strip and foil, of nickel alloyses, which increased by 3.6% to 556 tons in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +17.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 37% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of nickel; plates, sheets, strip and foil, of nickel alloyses stood at $18M in 2022. Overall, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +22.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.
| Import of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 7.9 | 9.8 | 12.4 | 13.9 | 20.7% |
| Germany | 0.3 | 0.4 | 1.7 | 2.2 | 94.3% |
| United States | 1.2 | 1.0 | 1.3 | 1.0 | -5.9% |
| China | 0.3 | 1.1 | 1.0 | 0.8 | 38.7% |
| France | N/A | 0.1 | N/A | 0.5 | 123.6% |
| Others | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Total | 10.0 | 12.5 | 16.4 | 18.5 | 22.8% |
Top Suppliers of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys to Thailand in 2022:
- Japan (464.0 tons)
- Germany (50.8 tons)
- China (18.2 tons)
- United States (11.2 tons)
- France (10.3 tons)
Exports of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand
In 2022, the amount of nickel; plates, sheets, strip and foil, of nickel alloyses exported from Thailand plummeted to 1.2 tons, waning by -89.2% against the previous year. Over the period under review, exports continue to indicate a sharp curtailment. The pace of growth was the most pronounced in 2021 with an increase of 819%. As a result, the exports attained the peak of 11 tons, and then declined notably in the following year.
In value terms, exports of nickel; plates, sheets, strip and foil, of nickel alloyses fell notably to $49K in 2022. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 504% against the previous year. As a result, the exports reached the peak of $102K, and then dropped notably in the following year.
| Export of Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | 15.4 | 42.8 | 177.9% |
| Japan | 23.1 | 4.6 | 55.1 | 5.9 | -36.6% |
| Germany | N/A | 0.1 | 28.3 | N/A | 28200.0% |
| Singapore | N/A | 7.3 | N/A | N/A | 0% |
| Others | N/A | 5.0 | 3.3 | N/A | -34.0% |
| Total | 23.1 | 16.9 | 102 | 48.7 | 28.2% |
Top Export Markets for Nickel; Plates, Sheets, Strip and Foil, of Nickel Alloys from Thailand in 2022:
- Taiwan (Chinese) (942.0 kg)
- Japan (240.0 kg)
452
This report provides an in-depth analysis of the market for nickel and nickel alloy plate in Thailand.
496
Global Market for Nickel And Nickel Alloy Plate. This report provides an in-depth analysis of the global market for nickel and nickel alloy plate.
754
In value terms, nickel plates, sheets, strip and foil imports totaled $X in 2016. Overall, nickel plates, sheets, strip and foil imports continue to indicate a drastic slump. Over the period under ...
1143
In value terms, nickel tubes, pipes and tube and pipe fittings imports amounted to $X in 2016. Overall, nickel tubes, pipes and tube and pipe fittings imports continue to indicate a relatively flat...
1343
In value terms, nickel articles thereof imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average annual rate of...
916
In value terms, nickel plates, sheets, strip and foil exports stood at $X in 2016. In general, nickel plates, sheets, strip and foil exports continue to indicate a deep contraction. Global nickel p...
1234
In value terms, nickel tubes, pipes and tube and pipe fittings exports stood at $X in 2016. In general, nickel tubes, pipes and tube and pipe fittings exports continue to indicate a moderate shrink...
1407
In value terms, nickel articles thereof exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some...
