·

2025 Indonesia Ferro-nickel (HS 720260) Export: Market Volatility

Indonesia's Ferro-nickel exports (HS code 720260) saw sharp swings in 2025, with volumes peaking in September before a 41% October crash. yTrade data reveals dangerous reliance on China and commoditized pricing.

Key Takeaways

Ferro-nickel, classified under HS Code 720260 (Ferro-alloys; ferro-nickel), exhibited high volatility from January to October 2025.

  • Market Pulse: Volumes swung sharply, peaking at 1.15B kg in September before collapsing 41% in October, reflecting reactive trade flows tied to policy shifts and demand cycles.
  • Structural Shift: Indonesia Ferro-nickel Export revenue is dangerously concentrated, with 95.83% of shipments going to China Mainland and 94.77% of value controlled by a handful of key accounts.
  • Product Logic: HS Code 720260 trade data confirms a commoditized market, with 92% of exports in a single sub-category and unit prices tightly clustered around $1.43–$1.49/kg.

This overview covers the period from January to October 2025 and is based on verified customs data from the yTrade database.

Indonesia Ferro-nickel (HS Code 720260) Key Metrics Trend

Market Trend Summary

The Indonesia Ferro-nickel export trend from January to October 2025 was marked by high volatility, with two distinct cycles of contraction and expansion. Shipments started strongly at 1.00B kg in January but collapsed 23% in February, then surged 31% in March to 1.01B kg. After moderate declines through mid-year, volume jumped 31% in September to 1.15B kg before plummeting 41% in October to 678M kg. This pattern reflects a volatile, reactionary trade flow influenced by policy shifts and demand fluctuations.

Drivers & Industry Context

The March volume surge aligns with Indonesia’s removal of export restrictions on copper, iron, lead, and zinc in early 2025 [Global Trade Alert], which likely improved market access and logistics for related ferro-alloys. The September peak may reflect stockpiling ahead of new customs enforcement under MOF Regulation 25/2025 [SSEK], which tightened documentation rules from August. The sharp October contraction suggests adjusted shipments due to these procedural changes. The overall hs code 720260 value remained volatile, influenced by these regulatory adjustments and global alloy demand cycles.

Table: Indonesia Ferro-nickel Export Trend (Source: yTrade)

DateValueWeightUnit PriceValue MoMWeight MoMUnit Price MoM
2025-01-011.35B USD1.00B kg$1.34/kgN/AN/AN/A
2025-02-011.05B USD773.25M kg$1.36/kg-22.09%-22.99%+1.17%
2025-03-011.45B USD1.01B kg$1.43/kg+38.01%+31.25%+5.15%
2025-04-011.43B USD971.77M kg$1.47/kg-1.37%-4.25%+3.00%
2025-05-011.61B USD981.89M kg$1.64/kg+12.54%+1.04%+11.38%
2025-06-011.31B USD951.56M kg$1.38/kg-18.51%-3.09%-15.92%
2025-07-011.42B USD1.00B kg$1.42/kg+8.41%+5.44%+2.82%
2025-08-011.22B USD877.18M kg$1.39/kg-14.01%-12.57%-1.64%
2025-09-011.63B USD1.15B kg$1.42/kg+33.42%+30.73%+2.05%
2025-10-011.01B USD677.90M kg$1.49/kg-38.22%-40.89%+4.51%

Get Indonesia Ferro-nickel Data Latest Updates

Indonesia HS Code 720260 Export Breakdown

Market Composition & Top Categories

Indonesia's HS Code 720260 export of ferro-nickel is overwhelmingly concentrated in a single sub-category. According to yTrade data, the primary product form, Ferro-alloys; ferro-nickel, accounts for over 92% of the total export value and weight from January to October 2025. The remaining sub-codes are minor variations of the same base material, collectively representing less than 8% of the trade flow for this Indonesia HS Code 720260 Export.

Value Chain & Strategic Insights

The unit prices across all sub-categories are tightly clustered around $1.43 to $1.49 USD per kilogram, confirming this is a classic commodity market driven by volume and price sensitivity, not product differentiation. This HS Code 720260 breakdown reveals a trade structure where Indonesia's export earnings are directly tied to global nickel demand and tonnage shipped, with minimal premium for specialized grades. For traders, this means competition is based almost entirely on production cost and logistical efficiency.

Check Detailed HS Code 720260 Breakdown

Indonesia Ferro-nickel Destination Countries

Geographic Concentration & Market Risk

Indonesia's Ferro-nickel export destinations from January to October 2025 demonstrate extreme geographic concentration. China Mainland dominates the trade, accounting for 95.83% of total export value. This creates significant market risk, as Indonesia's export revenue is almost entirely dependent on a single buyer.

Purchasing Behavior & Demand Segmentation

The trade partners for Ferro-nickel show a classic commodity profile. The nearly identical value and weight ratios indicate a price-sensitive bulk market, driven by industrial processing demand. This structure offers Indonesia volume scale but limited margin potential, as buyers treat the material as a standardized industrial input.

Table: Indonesia Ferro-nickel (HS Code 720260) Top Destination Countries (Source: yTrade)

CountryValueQuantityFrequencyWeight
CHINA MAINLAND12.91B9.02M1.49K9.02B
INDIA275.33M187.35K60.00187.35M
SOUTH KOREA213.63M144.43K66.00144.37M
NETHERLANDS44.73M30.49K7.0030.49M
CHINA TAIWAN17.23M11.51K8.0011.51M
MEXICO************************

Get Indonesia Ferro-nickel (HS Code 720260) Complete Destination Countries Profile

Indonesia Ferro-nickel Buyer Companies Analysis

Buyer Concentration & Market Structure

According to yTrade data, the Indonesia Ferro-nickel buyers market is overwhelmingly dominated by a core group of key accounts, which represent 94.77% of the total export value. This segment of high-volume, repeat buyers drives a stable, contract-based supply chain, indicating deep, established relationships rather than spot-market trading. The concentration of value in these loyal partners highlights a mature market structure built on long-term agreements and consistent procurement.

Purchasing Behavior & Sales Strategy

The sales strategy must prioritize relationship management and supply reliability for these key accounts to protect the substantial revenue stream they represent. Given the high concentration risk, a secondary strategy should focus on business development to diversify the client base and reduce dependency on a handful of major buyers. This approach is supported by Indonesia's recent moves to ease import rules for strategic commodities [China Briefing], which may open new avenues for engaging smaller, prospective clients and understanding broader HS Code 720260 buyer trends.

Table: Indonesia Ferro-nickel (HS Code 720260) Top Buyers List (Source: yTrade)

Buyer CompanyValueQuantityFrequencyWeight
HONG KONG RUI PU CO., LIMITED2.25B1.46M284.001.46B
XIAMEN XIANGSHENG NICKEL INDUSTRY CO.,LTD1.42B1.06M107.001.06B
ZHENSHI GROUP HK HESHI COMPOSITE MATERIALS CO., LIMITED1.20B882.77K99.00882.77M
GOLDEN HARBOUR INTERNATIONAL PTE.LTD************************

Check Full Indonesia Ferro-nickel Buyers list

Action Plan for Ferro-nickel Market Operation and Expansion

  • Diversify buyer base: Target smaller clients in emerging markets to reduce reliance on China Mainland, leveraging Indonesia’s eased import rules for strategic commodities.
  • Lock in contracts: Renegotiate long-term agreements with key accounts to stabilize revenue amid volatile shipment volumes and regulatory uncertainty.
  • Optimize logistics: Audit shipping and handling costs to preserve margins in a bulk-driven market where price sensitivity dominates.
  • Monitor policy shifts: Track customs enforcement under MOF Regulation 25/2025 to preempt disruptions like the October volume crash.
  • Hedge price risk: Secure forward pricing mechanisms to buffer against cyclical demand swings in industrial inputs.

Take Action Now —— Explore Indonesia Ferro-nickel HS Code 720260 Export Data

Frequently Asked Questions

Q1. What is driving the recent changes in Indonesia Ferro-nickel Export in 2025?

The volatility in Indonesia's Ferro-nickel exports is driven by regulatory shifts, including the removal of export restrictions and new customs enforcement rules, alongside global demand fluctuations.

Q2. Who are the main destination countries of Indonesia Ferro-nickel (HS Code 720260) in 2025?

China Mainland dominates as the primary destination, accounting for 95.83% of Indonesia's Ferro-nickel export value.

Q3. Why does the unit price differ across destination countries of Indonesia Ferro-nickel Export in 2025?

Unit prices are tightly clustered ($1.43–$1.49/kg) due to the commodity nature of Ferro-nickel, with minimal variation across sub-categories.

Q4. What should exporters in Indonesia focus on in the current Ferro-nickel export market?

Exporters must prioritize maintaining relationships with key buyers (94.77% of export value) while diversifying to reduce reliance on China.

Q5. What does this Indonesia Ferro-nickel export pattern mean for buyers in partner countries?

Buyers benefit from stable, contract-based supply but face risks from Indonesia's extreme market concentration and regulatory volatility.

Q6. How is Ferro-nickel typically used in this trade flow?

Ferro-nickel is primarily used as a standardized industrial input for alloy production, driven by bulk processing demand.

Detailed Monthly and Quarterly Report

Indonesia HS Code 720260 Export Data Snapshot 2025 JAN

Indonesia HS Code 720260 Export Data Snapshot 2025 JAN

Indonesia HS Code 720260 Export Data Snapshot 2025 FEB

Indonesia HS Code 720260 Export Data Snapshot 2025 MAR

Indonesia HS Code 720260 Export Data Snapshot 2025 APR

Indonesia HS Code 720260 Export Data Snapshot 2025 MAY

Indonesia HS Code 720260 Export Data Snapshot 2025 JUN

Indonesia HS Code 720260 Export Data Snapshot 2025 JUL

Indonesia HS Code 720260 Export Data Snapshot 2025 AUG

Indonesia HS Code 720260 Export Data Snapshot 2025 SEP

Indonesia HS Code 720260 Export Data Snapshot 2025 OCT

Indonesia HS Code 720260 Export Data Snapshot 2025 Q2

Indonesia HS Code 720260 Export Data Snapshot 2025 Q3

Copyright © 2026. All rights reserved.