Key Market Indicators
Israeli Nickel Export is projected to climb to nearly $4.9 million by 2028, up from approximately $4.4 million in 2023, according to a compound annual growth rate (CAGR) of 1.6%. Since the turn of the century, Israel's nickel supply has increased by 1.8% annually. In 2023, Israel ranked 43rd globally in nickel exports, with Serbia surpassing it at the $4.4 million mark. Leading the global rankings were Canada, Russia, and Malaysia, occupying the second, third, and fourth positions, respectively. On the import side, Israeli Nickel Import is anticipated to reach about $48.7 million by 2028, rising from around $46 million in 2023, growing at a CAGR of 0.9%. However, Israeli demand for nickel has seen a slight decline of 0.1% per year since 2000.
