Key Market Indicators
Jamaica's nickel imports are projected to surge to approximately $134,000 by 2028, marking a notable increase from the current $113,000 in 2023. This growth represents an average annual increase of 2.7%. Historical data underscores a consistent rise in demand, with Jamaican imports of nickel expanding at an annual rate of 4.1% since 1996. This sustained growth reflects the country's escalating needs and the broader economic trends influencing the demand for nickel.
