Key Market Indicators
Greenland saw a dramatic surge in nickel imports in 2018, skyrocketing to approximately $45,700 from just $1,500 in 2017. This represents an astounding increase of around 2,900% compared to the previous year. The sharp rise in nickel demand marks a significant trend for Greenland, reflecting a consistent growth pattern. Since 1999, the country's demand for nickel has grown by nearly 89% annually. These figures underscore Greenland's expanding need for nickel, a key component in various industrial applications, as the nation continues to ramp up its import volumes.
