Key Market Indicators
Filipina nickel imports are projected to reach around $86 million by 2026, up 4.7% annually from 2021's $65.5 million. Since 2001, demand has grown 40.3% annually. In 2021, the country ranked 31st in this category, with Australia at the top with $65.5 million. The United States, Japan and Norway ranked 2nd, 3rd and 4th respectively. Filipina nickel exports are predicted to reach $625 million by 2026, a 4.1% yearly increase from 2021's $494 million. Since 2001, supply has increased 14% annually. In 2021, the country ranked 15th in this category, with Singapore in the lead with $494 million. The United States, Russia and Germany were the 2nd, 3rd and 4th largest exporters respectively.
