Key Market Indicators
Batswana's nickel imports are projected to reach nearly $4 million by 2028, climbing from approximately $3.1 million in 2023. This represents an average annual growth rate of 3.7%. Since 2005, the country's demand for nickel has seen a steady increase of 4.5% per year. In contrast, Batswana's nickel exports have experienced a significant decline. In 2018, exports amounted to just over $110,000, a sharp drop from the $183,000 recorded in 2017. This marks a substantial decrease of nearly 40% year-over-year. Since 2005, the country's nickel supply has plummeted by 81% annually.
