Key Market Indicators
Vietnamese Nickel Exports are projected to surge to approximately $2.4 million by 2028, up from around $2 million in 2023. This represents an average annual growth rate of 2.8%. Since 2007, the nation's nickel supply has increased by an average of 4.5% each year. On the import front, Vietnam's Nickel Imports are expected to climb to nearly $129 million by 2028, rising from about $104 million in 2023. This reflects a compound annual growth rate (CAGR) of 3.3%. Since 2005, the country's demand for nickel has seen a significant jump, growing at an annual rate of 5.4%.
