Nickel Market Outlook 2024 - 2028

Daily Updated Industry Statistics and Top Emerging Trends about the Nickel Industry

Global Nickel Trends in 2024

Nickel is part of Non-Ferrous Metal and includes a number of sub-sectors such as Nickel Mineralization. You may also be interested in Zinc, Copper and Aluminium.

Global Nickel Exports are projected to decline to $18.1 billion by 2028, down from $21.2 billion in 2023, marking an average annual decrease of 1.5%. Since 2019, global supply has decreased by 1.2% annually. The United States led the world in nickel exports in 2023, with a total of $2.96 billion. Following the United States, Canada, Russia, and Malaysia secured the second, third, and fourth spots, respectively. Notably, Cyprus experienced a significant surge in its nickel exports, increasing by 471.4% year-on-year. In contrast, India saw a dramatic decline, with its exports falling by 48.9% annually since 2019.

Top 10 countries

In 2024 major markets in the Nickel Industry were:

World Nickel Market Data and Forecasts

How much the Nickel industry is expected to grow to 2028?

Forecast: Global Export of Nickel and Articles Thereof
Forecast: Import of Nickel and Articles Thereof to the EU
Forecast: Export of Nickel and Articles Thereof from the EU
Forecast: Export of Nickel and Articles Thereof from Russia
Forecast: Import of Nickel and Articles Thereof to Norway

World Nickel Top Rankings

Global Import of Nickel Waste or Scrap by Country
Global Export of Nickel and Articles Thereof by Country
Global Import of Nickel Sulphates by Country
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Global Nickel Statistics

Global Nickel Industry Database