According to GlobalData, China is the world’s seventh-largest producer of nickel, with output of 128kt in 2022, up by 7% on 2021. Over the five years to 2021, production from China increased by a CAGR of 4% and is expected to rise by a CAGR of 0.15% 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.
China accounts for 4% of global production, with the other largest producers being Indonesia (39%), the Philippines (12%), Russia (8%) and New Caledonia (7%). Exports of nickel from China increased by 72% to 7kt in 2022 over 2021, with the highest share being exported to Canada. China’s nickel exports are expected to drop at a CAGR of 3.43% between 2022 and 2026, to 6kt by 2026.
For more detailed analysis of global nickel mining, buy the report here.
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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.
