Key Market Indicators
Greek Nickel Exports Plummet by Nearly 72% Greek nickel exports experienced a significant decline in 2023, totaling just over $10,000, a stark drop from the $36,000 recorded in 2022. This represents a 71.8% decrease from the previous year. Since 1993, Greece's nickel supply has fallen by 47.6% annually. In the global rankings for 2023, Greece fell to the 64th position, with El Salvador surpassing it at slightly over $10,000. Major players in the nickel export market, Canada, Russia, and Malaysia, held the 2nd, 3rd, and 4th positions, respectively. Greek nickel imports are projected to see minimal growth, reaching approximately $3.39 million by 2028 from around $3.38 million in 2023. This growth represents a 0% year-on-year compound annual growth rate (CAGR). Greek demand for nickel has also seen a downward trend, declining by 5.1% annually since 1993.
