Key Market Indicators
Bahamian nickel imports are projected to plummet to approximately $3,400 by 2028, a significant drop from the $18,000 recorded in 2023. This represents an average annual decline of 25.7%. The downward trend in nickel demand has been ongoing since 2002, with an average yearly decrease of 11.2%. Similarly, the supply side has seen a dramatic reduction. Since 2006, Bahamian nickel supply has decreased by an average of 53.3% each year.
