Key Market Indicators
Portuguese Nickel Export is projected to surge to approximately $7.1 million by 2028, up from $5.8 million in 2023. This marks an average annual growth rate of 3.3%. Historical data reveals that since 1993, Portuguese supply has increased by 6.8% year on year. In the global rankings for 2023, Portugal secured the 38th position, with Lithuania slightly ahead at around $5.8 million. The top three spots were occupied by Canada, Russia, and Malaysia, respectively. On the import front, Portuguese Nickel Import is expected to rise to about $17.3 million by 2028, up from $16.3 million in 2023. This represents a modest average annual growth rate of 0.9%. Notably, since 1993, Portuguese demand has seen a slight decline, decreasing by 0.6% year on year.
