Key Market Indicators
Cypriot Nickel Export is projected to surge to approximately $1 million by 2028, up from around $860,000 in 2023. This represents an average annual growth rate of 2.7%. Notably, Cypriot supply has skyrocketed by 471% annually since 1994. In the global landscape, Cyprus held the 55th position in 2023. Malta led with approximately $860,000, while Canada, Russia, and Malaysia secured the second, third, and fourth spots respectively. On the import side, Cypriot Nickel Import is expected to reach about $790,000 by 2028, increasing from nearly $680,000 in 2023. This marks an annual compound growth rate of 2.3%. Since 1994, Cypriot demand has grown by 82% each year.
