In 2023, China led the global import of nickel oxide sinters and intermediate nickel products with significant growth of 2.82%. Japan and the United Kingdom followed, showing respectable increases of 1.89% and 3.01%, respectively. Spain experienced the most remarkable surge at 334.9%. Conversely, countries like South Korea, the United States, and the Netherlands saw notable declines of 31.84%, 12.53%, and 21.24%, respectively. Over a five-year period, the compounded annual growth rate reveals differing trends across these nations, indicating shifts in industrial demand and economic activities.
Looking ahead, future trends to monitor include China's continued dominance in nickel imports, potential market expansions in emerging economies, the impact of technological advancements on nickel usage, and fluctuations influenced by global environmental policies and regulations targeting nickel emissions.
Top countries in Import of Nickel Oxide Sinters and Intermediate Nickel Products Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 62.67 | 2023 | +3.55% | +2.82% | View data |
| 2 | 2 Japan | 31.11 | 2023 | +3.51% | +1.89% | View data |
| 3 | 3 United Kingdom | 15.72 | 2023 | +6.24% | +3.01% | View data |
| 4 | 4 India | 1.26 | 2023 | +5.56% | -0.48% | View data |
| 5 | 5 Canada | 0.92 | 2023 | -7.37% | -2.85% | View data |
| 6 | 6 South Korea | 0.63 | 2023 | -54.02% | -31.84% | View data |
| 7 | 7 Singapore | 0.28 | 2023 | +4.84% | +4.08% | View data |
| 8 | 8 United States | 0.18 | 2023 | -13.93% | -12.53% | View data |
| 9 | 9 Netherlands | 0.08 | 2023 | -24.76% | -21.24% | View data |
| 10 | 10 Poland | 0.07 | 2023 | -1.41% | -5.42% | View data |
