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Honduras Nickel Industry Outlook 2024 - 2028

See how Honduras Nickel performed compared to key markets.

Key Market Indicators

Honduran nickel imports are projected to reach approximately $184,000 by 2028, growing from around $162,000 in 2023. This marks an average annual growth rate of 2%. The demand for nickel in Honduras has seen a steady increase of 3% annually since 1999. In stark contrast, the country's nickel exports have experienced a significant decline. In 2017, Honduras exported a mere $125 worth of nickel, a dramatic drop from $710 in 2016, representing an 82.4% decrease year-over-year. The export figures have been on a downward trajectory since 2007, plummeting by 64.4% annually.

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Honduras Nickel Market Data and Forecasts