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Nickel powder: top exporters and importers (2024)

In 2024, world trade in nickel powder totaled $1.3 billion (50 thousand tonnes). The top exporters were Canada (22%), Australia (18%) and the United Kingdom (10%); the top importers were South Korea (30%), Taiwan (9%) and China (9%). Compared with 2019, the value fell 6%.

Summary

World trade
$1.3billion
Tonnes
50thousand tonnes
Price per tonne
$26,554
The largest flows between countries. Width: value; color: estimated transport mode.SeaAirLand

Top exporters

  1. Canada$290 million · 21.9%
  2. Australia$243 million · 18.4%
  3. United Kingdom$126 million · 9.5%
  4. China$125 million · 9.4%
  5. Japan$124 million · 9.3%
  6. United States$111 million · 8.4%
  7. Germany$60 million · 4.5%
  8. Russia$40 million · 3%
  9. Netherlands$33 million · 2.5%
    re-exports
  10. Taiwan$28 million · 2.1%
  11. Belgium$28 million · 2.1%
    re-exports
  12. France$18 million · 1.4%
  13. Ireland$15 million · 1.1%
  14. Finland$15 million · 1.1%
  15. India$10 million · 0.76%
  16. Denmark$9 million · 0.7%
  17. Turkey$6 million · 0.46%
  18. South Korea$6 million · 0.42%
  19. Thailand$5 million · 0.4%
  20. Laos$5 million · 0.39%

Top importers

  1. South Korea$403 million · 30.4%
  2. Taiwan$114 million · 8.6%
  3. China$114 million · 8.6%
  4. United States$112 million · 8.5%
  5. Japan$100 million · 7.6%
  6. Germany$59 million · 4.4%
  7. Sweden$50 million · 3.8%
  8. Netherlands$43 million · 3.2%
    re-exports
  9. Canada$39 million · 2.9%
  10. France$36 million · 2.7%
  11. Brazil$32 million · 2.4%
  12. United Kingdom$27 million · 2%
  13. India$20 million · 1.5%
  14. Italy$19 million · 1.4%
  15. Singapore$16 million · 1.2%
    re-exports
  16. Thailand$16 million · 1.2%
  17. Belgium$14 million · 1.1%
    re-exports
  18. Turkey$8 million · 0.63%
  19. Malaysia$7 million · 0.54%
  20. Mexico$7 million · 0.5%

Trend

Who sells it

Canada has been the top exporter since 2024

Value in USD millions. The five largest exporters in 2024.

  • Canada 290
  • Australia 243
  • United Kingdom 126
  • China 125
  • Japan 124

Source: CEPII BACI

Show the numbers
Country19952024
Canada132290
Australia30.7243
United Kingdom104126
China0.19125
Japan1.7124

Price

Implied price

The price per tonne rose 136% since 1995

Current US dollars per tonne: value over the weight reported by BACI.

  • 2024: $26,554

Source: CEPII BACI

Show the numbers
YearUSD per tonne
1995$11,274
1996$10,670
1997$10,863
1998$9,292
1999$9,740
2000$12,345
2001$10,653
2002$8,456
2003$12,664
2004$14,944
2005$16,480
2006$21,410
2007$37,907
2008$30,885
2009$17,283
2010$27,897
2011$29,552
2012$26,461
2013$22,790
2014$21,632
2015$19,161
2016$17,731
2017$17,784
2018$19,471
2019$18,900
2020$18,643
2021$21,953
2022$27,587
2023$26,862
2024$26,554

What it includes

  • 7504 · Nickel powder

Sources and methodology

Sources and licenses

Methodology

Goods trade from CEPII BACI (BACI_HS92_V202601), which reconciles what exporters and importers report: countries that stopped reporting (Russia since 2022) appear with their partners’ data. FOB values in current US dollars; tonnes when BACI reports them. The price per tonne is the value of the rows with a weight divided by that weight. The transport mode is our own estimate based on value per kilo and geography. Data up to 2024.

Hong Kong, Singapore, the Netherlands and Belgium re-export goods from other countries: their figures include transit.

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