In 2023, Canada led global exports of nickel powders and flakes, with a 29.04% share, though experiencing a minor decline of 1.52%. The United Kingdom and Japan followed, with mixed growth patterns observed; Japan grew by 2.64%, contrasting with the UK's slight 1.53% decline. Noteworthy growth was seen in Germany and China, increasing by over 2%, while South Korea grew by 8.37%. Major declines included Russia at 21.85%. Smaller markets like Slovenia exhibited a striking 82.63% growth, signaling competitive potential for smaller exporting nations.
Future trends indicate a focus on technological advancements and environmental regulations, impacting nickel demand. As demand for electric vehicles and renewable energy storage grows, key exporters such as Canada and Japan could expand their market presence by enhancing sustainable practices and boosting capacity.
Top countries in Export of Nickel Powders and Flakes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 29.04 | 2023 | +0.68% | -1.52% | View data |
| 2 | 2 United Kingdom | 16.35 | 2023 | +0.6% | -1.53% | View data |
| 3 | 3 Japan | 14.62 | 2023 | +2.84% | +2.64% | View data |
| 4 | 4 China | 10.93 | 2023 | +5.24% | +2.97% | View data |
| 5 | 5 Germany | 8.82 | 2023 | +3.53% | +3.04% | View data |
| 6 | 6 United States | 7.36 | 2023 | +1.66% | +1.04% | View data |
| 7 | 7 Finland | 5.95 | 2023 | +6.21% | +2.24% | View data |
| 8 | 8 France | 2.02 | 2023 | +4.73% | +1.7% | View data |
| 9 | 9 Belgium | 1.98 | 2023 | -4.63% | -4.94% | View data |
| 10 | 10 Netherlands | 1.16 | 2023 | +4.57% | +1.98% | View data |
