The forecast for China's import of nickel mattes indicates a decreasing trend from 2024 to 2028. Starting at 83.203 million USD in 2024, the value declines continuously, reaching 36.61 million USD by 2028. Assuming the value in 2023 was relatively static near 2024's figures, this represents a significant reduction over the period. Year-on-year declines from 2025 onwards suggest a consistent contraction in demand or strategic policy shifts affecting imports. The compound annual growth rate (CAGR) over these years depicts a clear downward trajectory, highlighting consistent annual declines.
Future trends to watch for include China's evolving domestic production capabilities, changes in international nickel prices, technological advances in metallurgy, and policy adjustments toward sustainable resource management that could further alter import needs.
