Key Market Indicators
Exports of Nickel from the United Arab Emirates are expected to reach $133 million by 2026, up from $112 million in 2021. This represents an average annual growth rate of 2.9%. Since 2012, UAE exports have increased by 64.7% on a yearly basis. In 2021, the country was ranked 27th in the world for nickel exports, with Australia taking the lead with $112 million. The US, Russia and Germany came in second, third and fourth respectively. Imports of Nickel to the United Arab Emirates are predicted to drop to $88 million by 2026, down from $114 million in 2021. This is a decrease of 4.4% on average each year. Since 2012, UAE demand has grown by 9.6% annually. In 2021, the country was placed 25th in the global ranking of nickel imports, with Indonesia in the lead at $114 million. The US, Japan and Norway were the second, third and fourth largest importers respectively.
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