Indonesia's Nickel Exports Surge in 2023, Hitting a New Record

Trade

Premium

Adi Ahdiat 07/03/2024 11:04 WIB

URL has been copied

Memuat...

According to BPS data, Indonesia's nickel processing industry export performance increased in 2023, both in terms of volume and value.

Indonesia's Nickel Basic Metal Processing Industry: Export Volume and Value (2013-2023)

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “Indonesia's Nickel Exports Surge in 2023, Hitting a New Record”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Indonesia's Nickel Basic Metal Processing Industry: Export Volume and Value (2013-2023)

Download

Source

A Small Font
A Medium Font
A Bigger Font

According to data from the Central Bureau of Statistics (BPS), Indonesia's nickel basic metal processing industry export volume reached 1.26 million tons throughout 2023, surging 62.33% compared to 2022 (year-on-year/yoy).

In the same period, the export value increased by 14.75% (yoy) to US$6.8 billion, or approximately Rp106.59 trillion (assuming an exchange rate of Rp15,660 per US$).

Indonesia's nickel export performance in 2023 set a new record high, as shown in the graph.

However, if examined closely, the growth rate of Indonesia's nickel export value is not as high as its volume growth. This is influenced by the declining nickel price in 2023.

According to World Bank data, the average nickel price in 2022 reached US$25,833.73 per ton. Then in 2023, the average price fell by 16.7% (yoy) to US$21,521.12 per ton.

The World Bank also projects that nickel prices will continue to fall in 2024, continuing the weakening trend that occurred throughout 2023.

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Today's Weather in Aceh Singkil: Humidity 68-94% Demographics 06/12/2025, 22:36 WIB

Light rain expected in South Tapanuli today. Demographics 06/12/2025, 21:39 WIB

Average Per Capita Monthly Expenditure in South Papua 2024 Consumer Services & Health 06/12/2025, 20:20 WIB

South Sumatra Most Polluted in Indonesia Tonight (6/12) Consumer Services & Health 06/12/2025, 19:48 WIB

Which Province Has the Highest Average Monthly Per Capita Expenditure? Market 06/12/2025, 19:30 WIB

Corn Productivity Based on the KSA Area Sample Framework, 2020-2024 Agroindustry 06/12/2025, 18:41 WIB

Download

Source

Indonesia's Nickel Exports Surge in 2023, Hitting a New Record

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Popular Data

Indonesia's Nickel Exports Surge in 2023, Hitting a New Record

Tags

Related Data

South Sumatra Most Polluted in Indonesia Tonight (6/12)

10 Regions with the Cleanest Evening Air (Dec 6) in Indonesia

Mount Ibu Erupts Again This Afternoon (Saturday, December 6, 2025)

Prevalence of Inadequate Food Consumption in Cilacap Decreased by 1.39% in the Last Year

4.82% of Situbondo Regency Residents Have Higher Education by End of 2024

99 Hotspots Detected in Indonesia in the Last 24 Hours (Saturday, December 6, 2025)

Latest Data Stories

Trending Topics

Popular Data