In 2023, the actual nickel trade balance for Sweden stood at 31.24 Thousand Metric Tons. The forecasted data indicates a steady but minimal increase in the nickel trade balance over the upcoming years. From 2024 to 2028, the values are projected to rise incrementally from 31.24 to 31.27 Thousand Metric Tons. Specifically, in 2024, the value remains constant at 31.24, followed by slight year-on-year increases of 0.03% in 2025, another 0.03% in 2026, no change in 2027, and again a 0.03% increase in 2028.
Key Variations:
- The year-on-year variation from 2024 to 2025 is 0.03%.
- From 2025 to 2026, the increase remains minimal at 0.03%.
- No change from 2026 to 2027.
- From 2027 to 2028, the increase is again 0.03%.
Future Trends to Watch For:
The nickel trade balance in Sweden demonstrates a very stable trend with negligible increases. Potential future trends to watch for include changes in global nickel supply and demand, shifts in international trade policies, advancements in recycling technologies, and fluctuations in domestic production capacity.