The import of unwrought nickel to China is forecasted to increase steadily from 267.78 million kilograms in 2024 to 290.26 million kilograms in 2028. In 2023, the actual imports stood at 258.5 million kilograms, showing a continued upward trend. The year-on-year growth rate is approximately 2.16% from 2024 to 2025, with similar percentages expected in subsequent years, leading to a compound annual growth rate of about 1.97% over the forecast period.

Future trends to watch for include:

Potential changes in global nickel supply due to geopolitical or environmental factors.
Evolving demand in China's electric vehicle and stainless steel sectors, which are major consumers of nickel.
Fluctuations in trade policies or tariffs that could impact import volumes.