In 2023, the US imported substantial quantities of nickel oxides and hydroxides. Forecasting the period between 2024 and 2028 indicates a gradual decline, with imports decreasing from 791.67 thousand kilograms in 2024 to 742.28 thousand kilograms in 2028. This trend shows a continuous negative growth rate, approximately decreasing by an average annual rate of around 1.3% over the forecast period.

Future trends to watch for:

Emerging technologies impacting the demand for nickel in the battery and electroplating industries.
Global economic shifts and trade policies potentially influencing import patterns.
Sustainable practices and recycling innovation altering need for raw material imports.