In 2023, Germany imported nickel powders and flakes worth USD 55 million. The forecasted value imports display a steady upward trend from USD 56.091 million in 2024 to USD 57.837 million in 2028. This represents a slight year-on-year increase: approximately 0.8% from 2024 to 2025, 0.8% from 2025 to 2026, 0.7% from 2026 to 2027, and 0.7% from 2027 to 2028. The compound annual growth rate (CAGR) over these five years is estimated at around 0.8%.

Future trends to watch for:

Monitor changes in global nickel pricing which can impact import costs.
Observe advancements in battery technology and stainless steel production, as they drive demand for nickel.
Consider geopolitical factors or trade agreements affecting supply chains and costs.