In 2023, Austria led the global export of nickel wire with a share of 38.08%, despite a slight decline of 1.63% from the previous year. Germany (14.64%), India (12.79%), and Japan (6.47%) followed, each showing minimal year-on-year variance. Notably, Sweden and the Netherlands experienced significant increases of 4.72% and 7.15%, respectively. The Czech Republic showed an impressive growth of 29.68%, whereas Portugal's share surged by 147.3%. Several countries like the United Kingdom (-15.08%) and Switzerland (-17.62%) faced declines, reflecting diverse trends.
Future trends to watch include:
- The effects of technological advancements on production efficiency and cost in leading exporters.
- Fluctuations in global demand influencing export shares, particularly for emerging exporters like the Czech Republic and Portugal.
- Potential geopolitical factors impacting international trade dynamics and export capabilities.
Top countries in Export of Nickel Wire Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 38.08 | 2023 | -0.055% | -1.63% | View data |
| 2 | 2 Germany | 14.64 | 2023 | -1.79% | -0.43% | View data |
| 3 | 3 India | 12.79 | 2023 | +0.8% | -0.26% | View data |
| 4 | 4 Japan | 6.47 | 2023 | +3.81% | +0.16% | View data |
| 5 | 5 United States | 5.4 | 2023 | -2.35% | -5.25% | View data |
| 6 | 6 Sweden | 4.63 | 2023 | +4.87% | +4.72% | View data |
| 7 | 7 Netherlands | 4.13 | 2023 | +2.87% | +7.15% | View data |
| 8 | 8 France | 3.55 | 2023 | -12.32% | -8.58% | View data |
| 9 | 9 China | 2.37 | 2023 | -1.05% | -3.4% | View data |
| 10 | 10 Canada | 2.13 | 2023 | +0.15% | +1.06% | View data |
