Key Market Indicators
Palestinian nickel imports are expected to reach $3.5 million by 2026, up from $2.8 million in 2021. This equates to an average year-on-year growth rate of 3.5%. Demand for nickel in Palestine has grown 16.2% year-on-year since 2012. In 2021, Palestine ranked 65th in the world, with Azerbaijan ahead in 64th place at $2.8 million. The United States, Japan and Norway were 2nd, 3rd and 4th respectively. Exports of nickel from Palestine are predicted to reach $1.2 million by 2026, up from $1 million in 2021. This corresponds to a 3.4% average year-on-year growth rate. Since 2012, nickel supply from Palestine has grown 11.3% year-on-year. In 2021, Palestine was 58th in the world, with Aruba ahead in 57th place at $1 million. The United States, Russia and Germany were 2nd, 3rd and 4th respectively.
