Nickel Market Outlook 2022 - 2026

Global Nickel Trends in 2022

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 imports are forecast to reach around $24 billion by 2026, a slight drop from $26 billion in 2021. This represents an average annual decline of 1.2%. Since 2016, global demand has grown 5.2% each year. China was the world's largest nickel importer in 2021 at $6 billion. The United States, Japan and Norway placed second, third and fourth, respectively. The Solomon Islands saw the biggest jump in imports from 2016, increasing by 371%. Benin, however, saw a 77% decrease in imports since 2016. Global nickel exports are expected to reach $20 billion by 2026, a fall of 1.4% compared to $22 billion in 2021. Since 2016, global supply has increased by 5% annually. Canada was the world's largest nickel exporter in 2021, at $2.8 billion. The United States, Russia and Germany were second, third and fourth, respectively. Montenegro had the biggest increase in exports from 2016, rising by 184%. Botswana, however, saw an 81% decrease in exports since 2016.

Top 10 countries

In 2022 major markets in the Nickel Industry were:

• China
• United States
• Japan
• Norway
• Germany
• Canada
• Russia
• Malaysia
• United Kingdom
• France

Nickel Market Data and Forecasts

Global Nickel Statistics

• Nickel Import 192 countries (Asia, Africa, Latin America...)
• Nickel Export 169 countries (Europe, Asia, Middle East...)
• Copper Import 191 countries (Asia, Africa, Sub-Saharan Africa...)
• Battery Import 191 countries (Africa, Asia, Sub-Saharan Africa...)
• Chemical Products Import 192 countries (Asia, Africa, Latin America...)
• Battery Export 187 countries (Asia, Latin America, Africa...)
• Copper Export 188 countries (Asia, Europe, Latin America...)
• Chemical Products Export 184 countries (Asia, Latin America, Africa...)
• Tubes And Pipes Import 191 countries (Africa, Asia, Sub-Saharan Africa...)
• Ferroalloy Import 180 countries (Asia, Africa, Sub-Saharan Africa...)

Global Nickel Industry Database

Improve your Knowledge with the latest Indicators and Trends

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• Comprehensive Overview: Expanding Horizons in Global Nickel Sheet and Plate Markets

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• Nickel Industry: Navigating Future Opportunities and Emerging Market Trends

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