The United States leads global exports of nickel alloy bars, rods, and profiles, holding a significant share of 36.72% in 2023. Austria and the United Kingdom follow, with 13.42% and 11.79%, respectively. Other notable contributors include Germany, Italy, and Australia. Malaysia and New Zealand showed remarkable year-over-year growth at 43.08% and 100.37%. The overall export landscape reflects a combination of mature markets with stable growth and emerging players like Malaysia, signaling shifts in global production capabilities.
Future trends to watch include:
- The potential realignment of market shares as Malaysia's rapid growth impacts established exporters.
- Geopolitical developments affecting existing trade agreements and influencing export volumes.
- Technological advancements improving production efficiencies, possibly shifting production growth towards emerging economies.
Top countries in Export of Nickel Alloy Bars, Rods and Profiles Share by Country (Kilograms)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United States | 36.72 | 2023 | +3.04% | +2.54% | View data |
2 | 2 Austria | 13.42 | 2023 | +5.39% | +4.36% | View data |
3 | 3 United Kingdom | 11.79 | 2023 | +2.86% | +3.44% | View data |
4 | 4 Germany | 10.12 | 2023 | +1.01% | +0.76% | View data |
5 | 5 Italy | 6.8 | 2023 | +2.35% | +4.93% | View data |
6 | 6 Australia | 4.89 | 2023 | +6.07% | +4.53% | View data |
7 | 7 Sweden | 2.52 | 2023 | +4.78% | +4.14% | View data |
8 | 8 Brazil | 2.38 | 2023 | +3.18% | +4.22% | View data |
9 | 9 Belgium | 1.8 | 2023 | +2.75% | +0.71% | View data |
10 | 10 Japan | 1.69 | 2023 | +2.29% | +3.77% | View data |