Key Market Indicators
Italy's nickel imports are projected to reach $901 million by 2028, up from $894 million in 2023. This marks an average annual growth rate of 0.1%. However, since 1999, the country's nickel demand has seen a yearly decline of 1.4%. On the export front, Italy's nickel shipments are expected to climb to $418 million by 2028, an increase from $369 million in 2023. This represents an average annual growth rate of 1.9%. Unlike imports, Italian nickel exports have experienced a positive trend since 1999, growing by 1.4% each year. In the global ranking for 2023, Italy secured the 19th position in nickel exports. South Africa led the list with exports valued at $369 million, followed by Canada, Russia, and Malaysia in the second, third, and fourth spots, respectively.
