Forecast: Import of Unwrought Nickel to Germany

The import of unwrought nickel to Germany is projected to decline gradually from 71.102 million kilograms in 2024 to 69.765 million kilograms in 2028. This represents a slight annual decrease, highlighting a consistent downtrend. As of 2023, data indicated that imports stood at a similar level, suggesting the beginning of this downward trend.

When examining the year-on-year variations from 2024 to 2028, we notice a subtle but steady decline, indicating perhaps a strategic shift in either domestic production increases or reduced consumption needs.

Future trends to watch for include:

  • Technological advancements in the recycling of nickel reducing import demand.
  • Shifts in global trade policies affecting nickel producers.
  • Changes in domestic consumption patterns, possibly influenced by energy and transport sectors.

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