The global export market for Nickel and its articles sees the United States leading with a dominant share, followed by Canada and Russia. While the US showed a slight increase in its market share, Canada and Russia experienced declines. Notably, Malaysia and Germany maintain stable positions, with modest growth. Emerging exporters like the Philippines and Madagascar are seeing substantial growth, while in Europe, Austria and Cyprus show impressive upward trends. Some countries, such as China, faced significant decreases, impacting the Asian market landscape.
Future trends to monitor include potential growth from emerging markets and increased competition from sustainable sources due to environmental regulations. Technological advancements in nickel processing could also reshape market dynamics. Watch closely for policy changes impacting major exporters, especially in economies facing geopolitical uncertainties.
Top countries in Export of Nickel and Articles Thereof Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 13.96 | 2023 | +2.77% | +1.44% | View data |
| 2 | 2 Canada | 12.1 | 2023 | -3.71% | -4.06% | View data |
| 3 | 3 Russia | 8.86 | 2023 | -5.08% | -6.3% | View data |
| 4 | 4 Malaysia | 7.75 | 2023 | +5.4% | +2.94% | View data |
| 5 | 5 Germany | 7.04 | 2023 | +1.52% | +0.26% | View data |
| 6 | 6 United Kingdom | 6.72 | 2023 | +1.03% | +0.12% | View data |
| 7 | 7 Finland | 5.27 | 2023 | +2.91% | +0.95% | View data |
| 8 | 8 Norway | 4.68 | 2023 | -2.04% | -3.67% | View data |
| 9 | 9 Japan | 4.05 | 2023 | +1.42% | +2.91% | View data |
| 10 | 10 Netherlands | 3.74 | 2023 | +1.56% | +1.15% | View data |
