Forecast: Import of Nickel Plates, Sheets, Strip and Foil to China

In 2023, the import of nickel plates, sheets, strip, and foil to China was at 162.47 million USD. The forecast shows a steady increase in imports with values rising to 163.46 million USD by 2028. Year-on-year analysis indicates a consistent growth rate of approximately 0.15% annually. Over this five-year period from 2024 to 2028, the compound annual growth rate (CAGR) stands as relatively minimal, signifying a stable but slow expansion in the import market.

Future trends to watch for include:

  • Potential fluctuations in global nickel prices affecting import value.
  • Shifts in China's industrial demand due to policy changes or economic fluctuations.
  • Technological advancements that might influence the consumption patterns of nickel-based products in China.

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