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The United States Nickel Industry Outlook 2024 - 2028

See how the United States Nickel performed compared to key markets such as Canada and Russia.

Key Market Indicators

American nickel exports are projected to soar to approximately $3.38 billion by 2028, up from about $2.96 billion in 2023. This reflects an annual growth rate of 2.1%, according to recent market analysis. Since 1996, the American supply of nickel has seen a steady increase, averaging a growth rate of 1.4% per year. In the global rankings, Canada, Russia, and Malaysia follow the United States in the second, third, and fourth positions, respectively. On the import side, American nickel imports are expected to reach around $2.83 billion by 2028, up slightly from approximately $2.79 billion in 2023. This marks a modest annual growth rate of 0.2%. However, since 1996, American demand for nickel has experienced a slight decline, averaging a decrease of 1.1% per year.

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The United States Nickel Market Data and Forecasts

How much will the United States Nickel Market grow to 2028?

Forecast: Import of Nickel and Articles Thereof to the US
Forecast: Export of Nickel and Articles Thereof from the US
Forecast: Import of Unwrought Nickel to the US
Forecast: Import of Unwrought Nickel to the US
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