Key Market Indicators
Ukrainian nickel imports are projected to drop by almost 5% to $58.5 million by 2026, down from $78 million in 2021. The country has seen a decline in demand every year since 2001, with a yearly decrease of 2.1%. Ukraine was ranked 29th in 2021, with Thailand taking the lead at $78 million. The United States, Japan, and Norway followed in second, third, and fourth place respectively. Exports of Ukrainian nickel are expected to decrease by 6.2% to $4.2 million by 2026, down from $6.2 million in 2021. Supply has dropped 0.3% annually since 2001. Ukraine was 42nd in 2021, with Romania in the lead at $6.2 million. The United States, Russia, and Germany came in second, third, and fourth place respectively.
