According to GlobalData, Canada is the world’s sixth-largest producer of nickel, with output of 146kt in 2022, up by 2% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 9.6% and is expected to rise by a CAGR of 9% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its report. Buy the report here.
Canada accounts for 5% of global production, with the other largest producers being Indonesia (39%), the Philippines (12%), Russia (8%) and New Caledonia (7%). Exports of nickel from Canada increased by 2% to 86kt in 2022 over 2021, with the highest share being exported to Finland. Canada’s nickel exports are expected to grow at a CAGR of 9% between 2022 and 2026, to 123kt by 2026.
Leading producers of nickel in Canada are Vale and Glencore. Vale's output was 72.55kt in 2021, down by 22% on 2020. Glencore produced 52.82kt, a decrease of 7% on the previous year.
For more detailed analysis of nickel in Canada, buy the report here.
Subscribe to our Newsletters
Get industry leading news, data and analysis delivered to your inbox
GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s Commodity Analyzer tracks production, consumption, imports and exports of 17 key commodities across 60 countries, whilst its Mines & Projects Database tracks over 30,000 mines and projects with 200+ data fields for each, including production, operating costs, equipment and key mine-site contacts.
