In 2023, Germany led global imports of nickel bars, rods, profiles, and wire with a 13.06% share, followed closely by the United States at 12.56%, and France at 9.33%. China and the United Kingdom contributed 7.65% and 6.88%, respectively. Other notable countries include Italy (5.19%), Mexico (4.78%), and Switzerland (3.65%). Significant growth was observed in Switzerland (9.84%) and Czech Republic (10.18%), while South Korea (-0.065%) and Russia (-0.47%) experienced declines.
Future trends to watch include the increasing adoption of nickel-based products in renewable energy sectors and electric vehicle batteries, likely driving higher demand from countries like China and the United States. Additionally, geopolitical stability and trade policy shifts could significantly influence the import dynamics across these key markets.
Top countries in Import of Nickel Bars, Rods, Profiles and Wire Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 13.06 | 2023 | +2.77% | +0.52% | View data |
| 2 | 2 United States | 12.56 | 2023 | +2.28% | +1.35% | View data |
| 3 | 3 France | 9.33 | 2023 | +2.05% | +0.61% | View data |
| 4 | 4 China | 7.65 | 2023 | +3.63% | +3.1% | View data |
| 5 | 5 United Kingdom | 6.88 | 2023 | +0.28% | +0.64% | View data |
| 6 | 6 Italy | 5.19 | 2023 | +2.53% | +1.67% | View data |
| 7 | 7 Mexico | 4.78 | 2023 | +2.9% | +2.02% | View data |
| 8 | 8 Switzerland | 3.65 | 2023 | +5.29% | +9.84% | View data |
| 9 | 9 Spain | 3.39 | 2023 | +3.97% | +4.05% | View data |
| 10 | 10 Japan | 3.15 | 2023 | +3.69% | +1.66% | View data |
