The global export market for nickel plates, sheets, strips, and foil shows varied growth patterns. Japan, leading the export volume at 2.3949 million kilograms, experienced a modest growth of 3.01% in 2023. Notable growth was seen in India at 61.14% and Canada with 66.54%, despite their smaller export volumes. Countries like the United States and Italy saw declines in their export volumes, recording -3.83% and -12.82% respectively. Other countries like Denmark and Lithuania recorded substantial increases with 38.17% and 95.64%, albeit from much smaller bases.
Looking ahead, the market dynamics in nickel exports may be influenced by increased demand for renewable energy technologies, which heavily rely on nickel. Countries investing in higher production capabilities and technological advancements in processing may capture greater market shares. Additionally, environmental regulations and trade policies will be critical factors shaping the future of the nickel export landscape.
Top countries in Export of Nickel Plates, Sheet, Strip and Foil by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 2,394,900 | 2023 | +0.71% | +3.01% | View data |
| 2 | 2 Germany | 1,073,100 | 2023 | +0.35% | +0.23% | View data |
| 3 | 3 China | 907,430 | 2023 | +2.5% | +11.39% | View data |
| 4 | 4 Belgium | 590,610 | 2023 | +5.55% | +0.95% | View data |
| 5 | 5 United Arab Emirates | 382,100 | 2023 | +3.44% | +3.67% | View data |
| 6 | 6 United States | 325,600 | 2023 | -1.86% | -3.83% | View data |
| 7 | 7 Poland | 314,310 | 2023 | +3.5% | +1.64% | View data |
| 8 | 8 France | 205,820 | 2023 | -5.57% | -0.48% | View data |
| 9 | 9 United Kingdom | 159,300 | 2023 | +1.54% | +0.7% | View data |
| 10 | 10 South Korea | 145,530 | 2023 | +3.61% | +2.57% | View data |
