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Romania Nickel Industry Outlook 2024 - 2028

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

Key Market Indicators

Romanian nickel exports are projected to reach approximately $8.2 million by 2028, up from around $7.4 million in 2023. This represents an annual growth rate of 1.7%, according to recent data. Since 1998, Romania's nickel supply has seen a modest annual increase of 0.8%. In 2023, Romania ranked 36th in the world for nickel exports, with Bahrain surpassing it with a similar export value of $7.4 million. Notably, Canada, Russia, and Malaysia held the second, third, and fourth positions, respectively, in the global ranking. On the import side, Romania's nickel imports are expected to rise to about $70 million by 2028, up from $62 million in 2023. This growth marks an average annual increase of 1.9%. Since 1994, the country's demand for nickel has consistently grown at an annual rate of 2.6%.

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Romania Nickel Market Data and Forecasts