The import of nickel sulphates to Germany is forecasted to decrease gradually from 4.2044 million kilograms in 2024 to 3.932 million kilograms in 2028. This indicates a consistent downward trend over the next five years, a reflection of potential changes in demand or shifts in the market dynamics compared to pre-2024 levels. Although specific figures for 2023 are not provided, the forecast reveals a deceleration with year-on-year declines, averaging a slight negative compound annual growth rate over this period.
Future trends to watch include:
- Technological advancements in battery technology that may influence nickel sulphate demand.
- Changes in EU environmental policies impacting import requirements and sustainable sourcing.
- Potential shifts in economic relationships that could affect trade flows and tariffs.