Forecast: Import of Unwrought Nickel to Germany

The import of unwrought nickel to Germany is projected to decline from 2024 to 2028, with values decreasing from 798.06 million USD in 2024 to 709.73 million USD in 2028. Compared to the actual value in 2023, the forecast indicates a consistent downtrend driven by reducing demand or shifts in supply chain dynamics. From 2024 to 2028, the year-on-year variation shows a negative growth rate, emphasizing a declining trajectory with a Compound Annual Growth Rate (CAGR) reflecting a steady decrease over this forecast period. Future considerations should focus on:

  • Emerging technologies in nickel alternatives and their impact on demand.
  • Geopolitical tensions affecting international trade policies.
  • Economic shifts in key nickel-consuming sectors like electric vehicles and energy storage.

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