In 2023, Albania emerged as the leading exporter with a robust year-on-year growth of 10.71%, reaffirming its supremacy in the European nickel market. Finland’s exports showed moderate growth at 2.58%, while Norway and Germany experienced slight declines, indicating potential market shifts. The United Kingdom faced a notable decline of 4.08%. Greece exhibited an extraordinary performance, with a massive 251.5% increase.
Looking ahead, European nickel exports will likely be influenced by increased demand for electric vehicle batteries, geopolitical tensions affecting supply chains, and technological advancements driving efficiency. Monitoring these elements will be crucial for anticipating future market dynamics.
Top countries in Nickel Exports Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Albania | 29.57 | 2023 | +12.82% | +10.71% | View data |
| 2 | 2 Finland | 21.59 | 2023 | +2.91% | +2.58% | View data |
| 3 | 3 Norway | 11.05 | 2023 | 0% | -0.41% | View data |
| 4 | 4 Germany | 8.55 | 2023 | -0.04% | -2.33% | View data |
| 5 | 5 United Kingdom | 6.94 | 2023 | -0.8% | -4.08% | View data |
| 6 | 6 Netherlands | 5.96 | 2023 | +3.66% | +1% | View data |
| 7 | 7 France | 4.28 | 2023 | +0.89% | +2.41% | View data |
| 8 | 8 Austria | 2.45 | 2023 | +2.71% | +0.46% | View data |
| 9 | 9 Italy | 1.82 | 2023 | +8.04% | +2.59% | View data |
| 10 | 10 Romania | 1.71 | 2023 | +0.24% | +0.94% | View data |
