The global export landscape for nickel sulphates in 2023 shows Germany and India leading with close shares, while Japan and the Netherlands also hold significant portions. The United States and South Korea follow as notable contributors. Recent trends indicate varying growth rates, with India and the Philippines showing robust year-on-year increases of 12.63% and 81.1%, respectively, while nations like South Africa and Switzerland experience declines. The collective annual growth rate over the past five years highlights changing dynamics in country contributions to global exports.
Future trends to watch include:
- Increased demand from emerging markets, especially in Asia, could shift export shares.
- Technological advancements in battery manufacturing might influence supplier preferences.
- Geopolitical tensions might impact trade routes and agreements affecting nickel sulphate exports.
- Environmental regulations may drive changes in production locations and export volumes.
Top countries in Export of Nickel Sulphates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 17.77 | 2023 | +2.35% | +3.43% | View data |
| 2 | 2 India | 17.07 | 2023 | +5.29% | +12.63% | View data |
| 3 | 3 Japan | 13.96 | 2023 | +0.31% | +0.65% | View data |
| 4 | 4 Netherlands | 12.09 | 2023 | +5.55% | +3.58% | View data |
| 5 | 5 United States | 9.7 | 2023 | -0.36% | -1.1% | View data |
| 6 | 6 South Korea | 8.62 | 2023 | +4.97% | +2.39% | View data |
| 7 | 7 Sweden | 8.2 | 2023 | +2.13% | +2.18% | View data |
| 8 | 8 Austria | 4.02 | 2023 | +1.85% | +3.22% | View data |
| 9 | 9 Poland | 3.88 | 2023 | -0.75% | +1.91% | View data |
| 10 | 10 South Africa | 3.73 | 2023 | -12.87% | -13.59% | View data |
