Based on the data for 2023, Greece led European Nickel Domestic Material Consumption with 2.05 million metric tons, despite a 1.64% decline. Macedonia followed with 1.38 million metric tons, seeing an impressive 8.12% increase. Poland and Germany showed relatively modest consumption at 0.13742 and 0.0421 million metric tons, respectively, with Germany experiencing a notable 4.17% rise. Countries like Italy, Spain, and Slovenia experienced decreases, while the United Kingdom witnessed a significant 12.29% increase, and Serbia surged by 33.14%. Luxembourg also showed a remarkable 71.88% increase, albeit from a very low base.
Future trends to watch include the potential continued growth in Macedonia and Serbia, driven by industrial developments. However, countries like Greece and Italy may see further declines unless significant economic or industrial shifts occur. Monitoring fluctuations in infrastructure projects, technological advancements, and policy changes within the EU can also highlight future consumption patterns across Europe.
Top countries in Nickel Domestic Material Consumption by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Greece | 2,050 | 2023 | +9.71% | -1.64% | View data |
| 2 | 2 Macedonia | 1,380 | 2023 | +0.8% | +8.12% | View data |
| 3 | 3 Poland | 137.42 | 2023 | +1.18% | +1.39% | View data |
| 4 | 4 Germany | 42.1 | 2023 | +6.09% | +4.17% | View data |
| 5 | 5 Italy | 33.88 | 2023 | +0.015% | -5.35% | View data |
| 6 | 6 France | 33.7 | 2023 | +5.68% | View data | |
| 7 | 7 Sweden | 31.23 | 2023 | +0.042% | View data | |
| 8 | 8 United Kingdom | 30 | 2023 | -0.22% | +12.29% | View data |
| 9 | 9 Spain | 22.33 | 2023 | +12.08% | -4.03% | View data |
| 10 | 10 Austria | 12.19 | 2023 | +2.46% | View data |
