Key Market Indicators
Kyrgyzstan's nickel import is projected to decline to approximately $127,000 by 2028, down from around $131,000 in 2023. This represents an annual decrease of 0.6% in the compound annual growth rate (CAGR). Since the year 2000, the country's demand for nickel has been on a downward trend, decreasing by an average of 4.7% each year. In contrast, Kyrgyzstan's nickel export figures have shown a more dramatic decline. In 2018, the country's nickel exports plummeted to roughly $1,800, a steep drop from the $5,250 recorded in 2017. This marks a significant year-on-year decrease of 65.7%.
