Watch Demo

Chile Nickel Industry Outlook 2024 - 2028

See how Chile Nickel performed compared to key markets.

Key Market Indicators

Chilean nickel imports are projected to drop to approximately $3 million by 2028, down from around $3.4 million in 2023. This represents an average annual decline of 2%. Historical data shows that since 1995, demand for nickel in Chile has decreased by an average of 3.7% each year. In contrast, Chilean nickel exports saw an uptick in recent years. In 2019, exports reached nearly $180,000, a 4.4% increase from roughly $172,000 in 2018. Despite this recent growth, the long-term trend indicates a significant reduction in supply, with a 47.2% decrease in exports since 1995.

Marketing Banner

Chile Nickel Market Data and Forecasts