In 2023, Indonesia was the leading exporter of ferro-nickel, commanding a dominant share of 56.53%, followed by Brazil at 12.43%, and Japan at 8.88%. Other significant contributors included Colombia, Ukraine, and Myanmar. Noteworthy is Indonesia's robust year-on-year growth of 7.06%, emphasizing its expanding market leadership. Brazil and Myanmar also exhibited strong positive trends, while Colombia and Ukraine showed minor declines.
As we look to the future, the focus should be on Indonesia maintaining its position, potentially increasing its share further. Countries like Myanmar and Macedonia might see growth spurred by increasing global demand, while emerging markets could alter current dynamics.
Top countries in Export of Ferro-Nickel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 56.53 | 2023 | +5.67% | +7.06% | View data |
| 2 | 2 Brazil | 12.43 | 2023 | +4.55% | +6.08% | View data |
| 3 | 3 Japan | 8.88 | 2023 | +1.17% | +4.7% | View data |
| 4 | 4 Colombia | 6.05 | 2023 | +0.32% | -0.41% | View data |
| 5 | 5 Ukraine | 3.31 | 2023 | -0.67% | -0.16% | View data |
| 6 | 6 Myanmar | 3.29 | 2023 | +2.46% | +6.22% | View data |
| 7 | 7 Macedonia | 3.11 | 2023 | -0.16% | +6.01% | View data |
| 8 | 8 South Korea | 1.34 | 2023 | +5.59% | +2.85% | View data |
| 9 | 9 Belgium | 0.19 | 2023 | +3.26% | +7.65% | View data |
| 10 | 10 China | 0.14 | 2023 | -1.8% | -3.92% | View data |
