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Lithuania Nickel Industry Outlook 2024 - 2028

See how Lithuania Nickel performed compared to key markets such as the United States, Canada and Russia.

Key Market Indicators

Lithuanian Nickel Exports are projected to reach approximately $7.6 million by 2028, up from around $6.4 million in 2023. This marks an annual growth rate of 2.7% in compound annual growth rate (CAGR). Since 1999, the country’s nickel supply has increased by 5% annually. In 2023, Lithuania ranked 37th in nickel exports, with Romania slightly ahead at $6.4 million. Leading the rankings were Canada, Russia, and Malaysia, occupying the second, third, and fourth spots, respectively. On the import front, Lithuania's Nickel Imports are expected to climb to nearly $6.9 million by 2028, rising from $5.7 million in 2023. This indicates an average annual growth rate of 2.9%. Since 1999, Lithuanian nickel demand has shown a consistent annual growth rate of 5.6%.

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Lithuania Nickel Market Data and Forecasts

How much will Lithuania Nickel Market grow to 2028?

Forecast: Export of Ferro-Nickel from Lithuania
Forecast: Export of Nickel and Articles Thereof from Lithuania
Forecast: Import of Nickel and Articles Thereof to Lithuania
Forecast: Import of Ferro-Nickel to Lithuania
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