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World - Nickel Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Feb 1, 2025

World - Nickel Ores And Concentrates - Market Analysis, Forecast, Size, Trends And Insights

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Jul 26, 2024

Best Import Markets for Nickel Ore

Nickel ore is a vital component in the production of stainless steel, batteries, and various other industrial products. As one of the most sought-after commodities in the global market, nickel ore imports play a crucial role in driving economic growth in several countries around the world. In this article, we will explore the top import markets for nickel ore based on data from the IndexBox market intelligence platform.

1. China

China stands out as the world's largest importer of nickel ore, with an import value of 3.5 billion USD in 2023. The country's booming manufacturing sector and robust demand for stainless steel have contributed to its significant reliance on nickel ore imports. With its dominance in the global nickel market, China continues to drive demand for nickel ore from key producing countries.

2. Canada

Canada ranks second on the list of top import markets for nickel ore, with an import value of 841.2 million USD in 2023. The country's rich nickel reserves and advanced mining industry make it a key player in the global nickel market. Canada's stable political environment and strategic trade partnerships further enhance its position as a leading importer of nickel ore.

3. South Korea

South Korea secures the third spot on the list, with an import value of 361.6 million USD in 2023. The country's strong manufacturing base and growing demand for nickel-based products drive its reliance on nickel ore imports. South Korea's efficient logistics network and trade infrastructure also contribute to its prominence as a major importer of nickel ore.

4. Finland

Finland emerges as a key import market for nickel ore, with an import value of 269.2 million USD in 2023. The country's emphasis on technological innovation and sustainable mining practices align with its strategic importation of nickel ore. Finland's well-established trade relationships and commitment to environmental stewardship position it as a significant player in the global nickel market.

5. Japan

Japan rounds out the top five import markets for nickel ore, with an import value of 107.1 million USD in 2023. The country's diverse industrial sector and high demand for nickel alloys fuel its importation of nickel ore. Japan's stringent quality standards and investment in research and development underscore its status as a key importer of nickel ore.

6. Namibia

Namibia emerges as a noteworthy import market for nickel ore, with an import value of 45.9 million USD in 2023. The country's emerging mining industry and untapped nickel reserves present lucrative opportunities for nickel ore imports. Namibia's strategic location and potential for growth enhance its position as a rising star in the global nickel market.

7. Dominican Republic

The Dominican Republic showcases its relevance as an import market for nickel ore, with an import value of 30.4 million USD in 2023. The country's expanding industrial sector and growing demand for nickel-based products drive its importation of nickel ore. The Dominican Republic's competitive trade policies and investment-friendly environment bolster its significance as a key importer of nickel ore.

8. North Macedonia

North Macedonia solidifies its position as an import market for nickel ore, with an import value of 23.9 million USD in 2023. The country's strategic location and access to key trade routes make it an attractive destination for nickel ore imports. North Macedonia's commitment to promoting economic growth and fostering trade relationships further elevates its status as a rising player in the global nickel market.

9. Germany

Germany maintains its foothold as an import market for nickel ore, with an import value of 8.0 million USD in 2023. The country's advanced manufacturing sector and emphasis on sustainable development drive its importation of nickel ore. Germany's strong economy and investment in cutting-edge technologies position it as a key importer of nickel ore in the global market.

10. Belgium

Belgium rounds out the list of top import markets for nickel ore, with an import value of 6.5 million USD in 2023. The country's strategic location and well-connected trade network make it an attractive destination for nickel ore imports. Belgium's efficient supply chain and commitment to environmental responsibility contribute to its role as a significant importer of nickel ore.

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global nickel ore market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 07291200 - Nickel ores and concentrates

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY

  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam

  12. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption, By Country, 2018–2024
    5. Production, In Physical Terms, By Country, 2012–2024
    6. Imports, In Physical Terms, By Country, 2012–2024
    7. Imports, In Value Terms, By Country, 2012–2024
    8. Import Prices, By Country Of Destination, 2012–2024
    9. Exports, In Physical Terms, By Country, 2012–2024
    10. Exports, In Value Terms, By Country, 2012–2024
    11. Export Prices, By Country Of Origin, 2012–2024

  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Consumption, By Country, 2024
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2024
    18. Production, In Value Terms, 2012–2024
    19. Production, By Country, 2024
    20. Production, In Physical Terms, By Country, 2012–2024
    21. Imports, In Physical Terms, 2012–2024
    22. Imports, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, By Country, 2024
    24. Imports, In Physical Terms, By Country, 2012–2024
    25. Imports, In Value Terms, By Country, 2012–2024
    26. Import Prices, By Country, 2012–2024
    27. Exports, In Physical Terms, 2012–2024
    28. Exports, In Value Terms, 2012–2024
    29. Exports, In Physical Terms, By Country, 2024
    30. Exports, In Physical Terms, By Country, 2012–2024
    31. Exports, In Value Terms, By Country, 2012–2024
    32. Export Prices, 2012–2024

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