In 2023, the re-import value of nickel and articles thereof to the UK stood at approximately 8 million USD. From 2024 to 2028, the forecasted data shows a steady increase in value, with year-on-year growth rates of roughly 5.2%, 4.8%, 4.5%, and 4.2% respectively. This consistent upward trend reflects a Compound Annual Growth Rate (CAGR) of approximately 3.9% over the forecasted five-year period.

Future trends to watch for include:

Potential impacts of global market demand for nickel, particularly in electric vehicles and sustainable technologies.
UK trade policies and their influence on re-import volumes and values.
Technological advancements in recycling and nickel processing impacting supply chains.