Key Market Indicators
Nepal's nickel import is projected to climb to approximately $147,000 by 2028, up from around $128,000 in 2023. This growth represents a compound annual growth rate (CAGR) of 2.2%. The demand for nickel in Nepal has been on a steady rise since 1999, increasing by an average of 3.2% per year. The forecasted increase underscores the country's growing industrial requirements and expanding infrastructure projects.
