The import of Nickel Plates, Sheets, Strips, and Foils to the UK is poised for steady growth from 2024 to 2028, with the volume increasing consistently from 1.8742 million kilograms in 2024 to 2.2036 million kilograms in 2028. This upward trajectory reflects a compound annual growth rate over the forecasted periods.
Future trends to watch for include:
- Potential impacts of UK industrial demand on nickel imports, particularly from sectors like automotive and aerospace.
- Possible fluctuations in global nickel prices that could affect import volumes.
- Environmental regulations influencing the demand for nickel and any shifts towards sustainable material sourcing.