In 2023, Finland was the leading European importer of nickel ores and concentrates, with significant import volumes. Notable increases were in Greece and Cyprus, with year-on-year variations of 27.74% and 169.23% respectively. Belgium faced a decline, decreasing by 16.65%. Spain showed remarkable growth at 360.16%, while the Netherlands saw a substantial rise at 105.78%. Italy and Romania experienced declines, whereas Germany showed moderate growth. Other countries like Ireland, Austria, and Denmark had negligible variations. The five-year CAGR suggests moderate regional growth influenced by industrial demands and resource availability.
Future trends indicate that Europe's nickel ore and concentrate imports will be shaped by evolving battery technologies, European Union policies on critical raw materials, and increasing demand for stainless steel and electric vehicles. Monitoring geopolitical factors and diversified sourcing will be essential for market stability and growth.
Top countries in Import of Nickel Ores and Concentrates by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Finland | 179,340,000 | 2023 | +3.4% | +3.34% | View data |
| 2 | 2 Greece | 31,692,000 | 2023 | +29.36% | +27.74% | View data |
| 3 | 3 Belgium | 27,418,000 | 2023 | +16.01% | -16.65% | View data |
| 4 | 4 Germany | 3,791,500 | 2023 | +3.1% | +5.19% | View data |
| 5 | 5 Cyprus | 2,277,500 | 2023 | +7.47% | +169.23% | View data |
| 6 | 6 Spain | 1,237,900 | 2023 | -0.01% | +360.16% | View data |
| 7 | 7 Netherlands | 1,140,200 | 2023 | +14.62% | +105.78% | View data |
| 8 | 8 Italy | 86,330 | 2023 | +22.76% | -6.53% | View data |
| 9 | 9 Portugal | 36,640 | 2023 | +14.53% | +40.89% | View data |
| 10 | 10 Ireland | 30,970 | 2023 | +2.13% | View data |
