Key Market Indicators
Poland's nickel export is projected to decline to approximately $14.7 million by 2028, down from around $23.8 million in 2023. This marks an average annual decrease of 7.7%. Historically, Polish nickel supply has been shrinking by 8.9% each year since 1999. In the global rankings for 2023, Poland stood at 30th place, with Saudi Arabia leading the category at $23.8 million. Following Saudi Arabia were Canada, Russia, and Malaysia, ranking second, third, and fourth, respectively. On the import side, Poland's nickel intake is expected to rise to about $257.6 million by 2028 from roughly $223.5 million in 2023, reflecting an average annual growth rate of 2.2%. Since 1999, Polish demand for nickel has shown a steady increase of 4.1% year on year.