Key Market Indicators
Maltese nickel imports are projected to hit approximately $660,000 by 2028, up from around $620,000 in 2023. This represents an average annual growth rate of 0.9%. Notably, since 1999, Maltese demand for nickel has remained relatively steady with no significant year-on-year decline. On the export front, Malta is expected to see its nickel exports soar to about $1.3 million by 2028, from nearly $1 million in 2023. This marks a compound annual growth rate (CAGR) of 4.3%. Since 1999, Maltese nickel supply has increased at an average rate of 1.4% per year. In 2023, Malta ranked 54th in the world for nickel exports, with Tanzania just ahead, also posting around $1 million in exports. Leading the global rankings are Canada, Russia, and Malaysia, occupying the second, third, and fourth spots respectively.
