The global importation of nickel alloy bars, rods, and profiles is dominated by developed nations, with the United States, Germany, France, and the United Kingdom leading the imports. Over recent years, imports have grown significantly, especially in markets like China and Mexico, which reported over a 3% year-on-year increase for 2023. Other notable increases were observed in Spain and Canada. In contrast, declines were seen in countries such as Ukraine, South Africa, and Brazil, indicating potential shifts in trade dynamics or internal economic factors.
Future trends suggest that emerging markets may continue to increase their share, driven by industrial development and technological advancements. As sustainable practices and green technologies gain traction, demand for nickel alloys, essential for high-performance and environmentally-resilient applications, may further drive these trends.
Top countries in Import of Nickel Alloy Bars, Rods and Profiles by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 240,690,000 | 2023 | +3.33% | +2.18% | View data |
| 2 | 2 Germany | 222,210,000 | 2023 | +2.86% | +1.01% | View data |
| 3 | 3 France | 221,750,000 | 2023 | +1.22% | +0.5% | View data |
| 4 | 4 United Kingdom | 201,800,000 | 2023 | +1.04% | +1.74% | View data |
| 5 | 5 China | 174,730,000 | 2023 | +3.74% | +3.45% | View data |
| 6 | 6 Mexico | 117,760,000 | 2023 | +3.77% | +3.57% | View data |
| 7 | 7 Italy | 106,170,000 | 2023 | +2.94% | +2.68% | View data |
| 8 | 8 Spain | 104,440,000 | 2023 | +4.22% | +4.38% | View data |
| 9 | 9 Austria | 84,323,000 | 2023 | +2.64% | +2.74% | View data |
| 10 | 10 Japan | 69,978,000 | 2023 | +4.06% | +1.02% | View data |
