Key Market Indicators
Irish nickel exports are projected to hit approximately $18.9 million by 2028, up from about $17.6 million in 2023. This reflects an average annual growth rate of 1.1%. Since 1997, Ireland's nickel supply has steadily increased at an annual rate of 0.5%. In 2023, Ireland ranked 32nd globally in nickel exports, with Costa Rica surpassing it at $17.6 million. Leading the global rankings were Canada, Russia, and Malaysia, occupying the second, third, and fourth positions, respectively. On the import side, Irish nickel imports are expected to reach around $62.6 million by 2028, up from roughly $54.8 million in 2023. This marks an average annual growth rate of 2.1%. Since 1997, Ireland's demand for nickel has grown at an annual rate of 1.3%.
