In 2023, Austria's Nickel direct material inputs stood at 26.73 Thousand Metric Tons. Looking at the forecast data, there is a clear upward trend through to 2028. The value for 2024 is projected at 27.33 Thousand Metric Tons, representing a 2.24% increase from 2023. For 2025, a further 2.27% increase to 27.95 Thousand Metric Tons is expected. The value for 2026 shows a 2.18% increase to 28.56 Thousand Metric Tons. This upward trajectory continues in 2027 with a 2.10% increase to 29.16 Thousand Metric Tons, and in 2028 there is a 2.09% increase, reaching 29.77 Thousand Metric Tons.
Future trends to watch for include potential fluctuations in global nickel supply and demand, particularly influenced by the electric vehicle market and advancements in battery technologies. Monitoring geopolitical developments that may affect mining operations and environmental regulations will also be crucial for forecasting nickel inputs accurately.
