In 2023, Norway led the global import share of nickel mattes, followed by Finland and Japan, capturing significant portions of the market. The year-on-year analysis indicates that Switzerland and Israel experienced notable growth, while the United Kingdom saw a significant decline. Japan and China also reported negative trends, with China experiencing a sharp decline.
Looking ahead, watch for potential shifts in market dynamics due to evolving geopolitical factors and advancements in battery technologies that could impact nickel demand. Monitor Norway’s position and any strategic trade agreements or technological advancements that might influence import shares. Additionally, observe Canada and Finland for potential increases in their contributions to the market share.
Top countries in Import of Nickel Mattes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 37.64 | 2023 | -0.28% | -2.61% | View data |
| 2 | 2 Finland | 25.75 | 2023 | +5.07% | +3.12% | View data |
| 3 | 3 Japan | 21.23 | 2023 | -0.79% | -2.08% | View data |
| 4 | 4 China | 2.3 | 2023 | -10.58% | -10.75% | View data |
| 5 | 5 Canada | 1.88 | 2023 | +1.62% | -3.99% | View data |
| 6 | 6 United Kingdom | 1.35 | 2023 | -35.85% | -21% | View data |
| 7 | 7 Malaysia | 0.007 | 2023 | -3.43% | -3.51% | View data |
| 8 | 8 Singapore | 0.005 | 2023 | +1.51% | +7.97% | View data |
| 9 | 9 Switzerland | 0 | 2023 | -8.62% | +109.35% | View data |
| 10 | 10 Israel | 0 | 2023 | +0.8% | +6.25% | View data |
