GITNUX MARKETDATA REPORT 2024
Nickel Mining Industry Statistics
The nickel mining industry statistics show fluctuating production levels and prices due to global demand shifts and environmental regulations.
In this post, we will explore key statistics related to the global nickel mining industry, shedding light on market size, production figures, reserves, demand projections, and more. From the leading producers like Indonesia and the Philippines to the top consumers such as China and the United States, we will delve into the intricate dynamics shaping the nickel mining landscape. Let’s dive into the numbers that underpin this crucial industry’s past, present, and future trajectory.
Statistic 1
"The global Nickel Mining market size was USD 11.72 billion in 2020."
Statistic 2
"The nickel mining industry is expected to reach $12.65 billion by 2027."
Statistic 3
"Indonesia is the world's largest producer of nickel, with an annual production of about 560,000 metric tons."
Statistic 4
"In 2020, Philippines produced 320,000 metric tons of nickel."
Statistic 5
"In 2022, Russia mined approximately 270,000 tonnes of nickel."
Statistic 6
"Australia's nickel production amounted to 160,000 metric tons as of 2020."
Statistic 7
"The total reserves of nickel globally are estimated to be around 89 million metric tons."
Statistic 8
"In 2020, the United States produced approximately 20,000 metric tons of nickel."
Statistic 9
"The largest nickel reserves in the world can be found in New Caledonia, with 7 million metric tons."
Statistic 10
"Russia holds the second largest reserves of nickel worldwide, with 6.4 million metric tons."
Statistic 11
"As of 2021, MINING.com estimates that the global demand for nickel will increase by 63% by 2030 in comparison to the levels seen in 2021."
Statistic 12
"As per S&P Global Market Intelligence data, only 3% of nickel is used for stainless steel production."
Statistic 13
"In Canada, nickel mine production amounted to approximately 160,000 metric tons in 2020."
Statistic 14
"In 2020, the annual Nickel production in Brazil was about 42,000 metric tons."
Statistic 15
"Between January and June 2021, Indonesia exported approximately 108 million tons of nickel ore."
Statistic 16
"China is the largest consumer of nickel in the world, accounting for more than 50% of the total consumption in 2020."
Statistic 17
"The nickel mining market is expected to have a CAGR of 0.9% from 2020 till 2027."
Statistic 18
"In 2021, the price increase for nickel was 51%."
Statistic 19
"The average price of nickel in 2020 was 13,914.5 U.S. dollars per metric ton."
Statistic 20
"In the year 2020, the value of nickel exports from Australia was over 2.6 billion Australian dollars."
Jannik Lindner
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