According to GlobalData, Brazil is the world’s eighth-largest producer of nickel in 2022, with output up by 8% on 2021. Over the five years to 2021, production from Brazil increased by a CAGR of 5% and is expected to rise by a CAGR of 4% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2026 report. Buy the report here.
Brazil accounts for 4% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Exports of nickel from Brazil increased by 8% in 2022 over 2021, with the highest share being exported to China. Brazil’s nickel exports are expected to grow at a CAGR of 4% between 2022 and 2026.
For more detailed analysis of global nickel mining, buy the report here.