In 2023, Japan led global exports of nickel plates, sheets, strips, and foil with an impressive year-on-year growth of 2.89%, followed by Germany and China. Despite a slight decline, Germany ranked second, while China's exports showed significant growth at 6.71%. Other notable performers included the United States, which experienced a decline, whereas the Netherlands and Belgium saw increases. Remarkably, India and Canada posted significant year-on-year growth rates of 36.19% and 50.49%, respectively, while Singapore, Sweden, and Russia faced substantial declines.
Future trends to watch include potential market shifts driven by increasing demand for nickel in battery production due to the electric vehicle industry expansion. Countries focusing on industrial innovation and sustainability are likely to gain a competitive edge in this sector. Additionally, geopolitical factors, trade regulations, and supply chain dynamics will play crucial roles in shaping the global trade landscape for nickel products.
Top countries in Export of Nickel Plates, Sheet, Strip and Foil by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 59,354,000 | 2023 | +0.91% | +2.89% | View data |
| 2 | 2 Germany | 23,599,000 | 2023 | -1.42% | -2.13% | View data |
| 3 | 3 China | 22,826,000 | 2023 | +3.28% | +6.71% | View data |
| 4 | 4 Netherlands | 12,858,000 | 2023 | +1.97% | +3.31% | View data |
| 5 | 5 United States | 12,473,000 | 2023 | -0.12% | -2.7% | View data |
| 6 | 6 Belgium | 8,523,400 | 2023 | +5.91% | +1.41% | View data |
| 7 | 7 South Korea | 5,181,500 | 2023 | +2.06% | +0.8% | View data |
| 8 | 8 United Kingdom | 5,023,400 | 2023 | +1.49% | -0.48% | View data |
| 9 | 9 Poland | 4,696,100 | 2023 | +4.24% | +2.94% | View data |
| 10 | 10 France | 3,741,300 | 2023 | -9.46% | -7.05% | View data |
