The most significant importers of nickel plates, sheets, strips, and foil in Europe in 2023 were Austria, France, and Belgium. Austria saw a decrease of 5.19% in its imports, while France's imports decreased by 1.84%. In contrast, Belgium experienced a 2.2% increase. Notably, there were substantial percentage increases for smaller markets such as Greece with a tremendous 117.33% rise, and Cyprus with 120.9%. Conversely, Lithuania and Latvia saw drastic decreases of 33.48% and 21.12% respectively, indicating instability in smaller markets.
Future trends to watch include the potential for increased demand from emerging European markets, such as Greece and Cyprus, which have shown substantial growth. Additionally, environmental regulations and technological advancements in industries relying on nickel may influence future import patterns. Maintaining a close watch on geopolitical developments and international trade agreements will also be crucial for understanding future dynamics in the European nickel import market.
Top countries in Import of Nickel Plates, Sheets, Strip and Foil Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 19.95 | 2023 | +11.28% | -5.19% | View data |
| 2 | 2 France | 19.21 | 2023 | +8.66% | -1.84% | View data |
| 3 | 3 Belgium | 16.84 | 2023 | +11.26% | +2.2% | View data |
| 4 | 4 Italy | 10.19 | 2023 | +1.41% | +2.33% | View data |
| 5 | 5 Germany | 9.84 | 2023 | +9.34% | +3.88% | View data |
| 6 | 6 United Kingdom | 9.73 | 2023 | +0.74% | +0.21% | View data |
| 7 | 7 Czechia | 3.14 | 2023 | |||
| 8 | 8 Greece | 1.92 | 2023 | +2.43% | +117.33% | View data |
| 9 | 9 Sweden | 1.88 | 2023 | +11.58% | +6.46% | View data |
| 10 | 10 Spain | 1.52 | 2023 | +0.84% | +17.87% | View data |