Key Market Indicators
Costa Rican nickel import figures are projected to reach approximately $21 million by 2028, up from around $17 million in 2023. This marks an average annual growth rate of 3.5%. Since 1999, the country's demand for nickel has increased by an average of 3.4% per year. On the export front, Costa Rican nickel exports are expected to hit roughly $29 million by 2028, rising from nearly $23 million in 2023. This represents an average yearly growth rate of 3.9%. Since 2002, Costa Rica's nickel supply has surged by an average of 6.6% annually. In 2023, Costa Rica ranked 31st in nickel exports, with Poland narrowly surpassing it with exports valued at nearly $23 million. Leading the global rankings in nickel exports were Canada, Russia, and Malaysia, holding the 2nd, 3rd, and 4th positions respectively.
