World - Nickel (Unwrought) - Market Analysis, Forecast, Size, Trends and Insights
Nickel Market - Canada Remains the Global Leader in Unwrought Nickel Exports
Canada continued to dominate on the nickel market. In 2014, Canada exported X thousand tonnes of unwrought nickel totaling X million USD, X% under the previous year. Its primary trading partner was the U.S., where it supplied X% of its total unwrought nickel exports in value terms, accounting for the lion's share of the U.S.'s total imports.
From 2007 to 2014, Canada was a net exporter of unwrought nickel. Over this period, exports consistently exceeded imports in value terms. In physical terms, the difference was between imports and exports was negligible.
China and Norway were among the other main global suppliers of unwrought nickel in 2014. China was also the fastest growing exporter from 2007 to 2014 (+X% per year). By virtue of this, China significantly strengthened its position in the global export structure.
Canada's top X trading partners in 2014 were the U.S., the Netherlands, China, Belgium and Japan, with a combined X% share of Canada's unwrought nickel exports. The share of the Netherlands increased (+X percentage points), while the share of China illustrated negative dynamics (-X percentage points).
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