In 2023, the Philippines led the global export of Nickel Oxide Sinters and Intermediate Nickel Products with the highest export value of $519.59 million, showcasing a 6.74% year-on-year increase. Canada followed with $51.701 million, experiencing a significant decline of 24.46%. The United States reported a modest growth of 3.53%, reaching $20.566 million. Germany and Switzerland saw reductions of 5.33% and 21.73% respectively. Other countries like the United Kingdom, Finland, and Serbia experienced growth, although modest, while South Korea barely increased by 1.74%, and Thailand saw a minimal decrease of 1.67%.
Looking ahead, emerging trends in global nickel demand driven by the adoption of electric vehicles and renewable energy technologies suggest a potential increase in exports for countries with substantial nickel reserves. The Philippines is strategically positioned to maintain its leading role, while diversification of supply chains and sustainable mining practices could influence the export dynamics of other nations.
Top countries in Export of Nickel Oxide Sinters and Intermediate Nickel Products by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Philippines | 519,590,000 | 2023 | +4.94% | +6.74% | View data |
| 2 | 2 Canada | 51,701,000 | 2023 | -44.54% | -24.46% | View data |
| 3 | 3 United States | 20,566,000 | 2023 | +0.49% | +3.53% | View data |
| 4 | 4 Germany | 14,542,000 | 2023 | -4.68% | -5.33% | View data |
| 5 | 5 Finland | 2,161,200 | 2023 | +6.36% | +6.09% | View data |
| 6 | 6 United Kingdom | 1,546,500 | 2023 | -5.47% | +3.07% | View data |
| 7 | 7 South Korea | 1,017,200 | 2023 | -0.67% | +1.74% | View data |
| 8 | 8 Serbia | 536,490 | 2023 | +3.63% | +2.46% | View data |
| 9 | 9 Switzerland | 11,260 | 2023 | +0.15% | -21.73% | View data |
| 10 | 10 Thailand | 5,370 | 2023 | -39.97% | -1.67% | View data |
