Forecast: Import of Nickel Waste or Scrap to China

The forecast for China's import of nickel waste or scrap reflects a rising trend from 2024 to 2028, with a gradual increase in volume each year. Starting at 155.46 thousand kilograms in 2024, this number is expected to rise to 186.33 thousand kilograms by 2028. Despite lacking current data for 2023, the forecast suggests a steady growth trajectory for the import of nickel scrap into China. Notably, the compound annual growth rate (CAGR) remains a key evaluator for this consistent upward movement over the projected years.

Future Trends to Watch:

  • Increasing demand for nickel in China, driven by industrial applications, especially in the battery and stainless steel sectors.
  • Potential impact of global nickel pricing on import volumes and trade policies affecting availability and cost.
  • Technological advancements in recycling and waste management that could influence the landscape of scrap imports.

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