Key Market Indicators
Estonia's nickel import is projected to plummet to approximately $330,000 by 2028, a stark contrast from the $1.46 million recorded in 2023. This marks an average annual decline of 23.2%. The demand for nickel in Estonia has been on a downward trajectory since 2000, decreasing by an average of 12.3% each year. On the export front, Estonia saw a slight dip in its nickel export numbers. In 2018, the country exported $1.48 million worth of nickel, down 0.6% from the $1.49 million exported in 2017. Since 2000, Estonian nickel supply has consistently fallen, averaging a 13.3% decline each year.
