The forecast for US imports of nickel chloride from 2024 to 2028 shows a steady decline. Starting at 337.49 thousand kilograms in 2024, the volume decreases annually, reaching 296.98 thousand kilograms by 2028. Compared to 2023 figures, for which specific data is not provided, this indicates a downward trend. From 2024 onward, the year-on-year variations suggest a consistent reduction of about 3% in import volume annually, with a compounded annual growth rate (CAGR) of approximately -3.1% over this five-year forecast period.
Future trends to watch include:
- Global nickel market dynamics affecting supply and pricing strategies.
- Environmental regulations influencing nickel chloride usage and imports.
- Technological advancements potentially reducing the demand for nickel chloride.
- Shifts in the US economy and its nickel-dependent industries.