# Nickel Ores And Concentrates buyer markets and demand | HS...

China is the largest reported buyer market in this view, with imports of $2.2B.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| China | $2.2B | -6.3% | 24 | Philippines |
| Canada | $380.4M | +46.9% | 17 | USA |
| Indonesia | $319.9M | +177.9% | 10 | Philippines |
| Finland | $265.0M | +1.3% | 11 | Canada |
| Republic of Korea | $197.0M | +1.2% | 16 | New Caledonia |
| South Africa | $169.9M | -20.4% | 10 | Zimbabwe |
| Belgium | $73.7M | +7.4% | 11 | Canada |
| Switzerland, Liechtenstein | $69.2M | +419.1% | 8 | Zambia |
| Taiwan | $52.6M | +175.5% | 3 | Australia |
| Japan | $31.0M | -30.3% | 11 | New Caledonia |
| Thailand | $16.2M | +236.5% | 7 | USA |
| Malaysia | $12.2M | +72.8% | 8 | Australia |
| The former Yugoslav Republic of Macedonia | $9.6M | -19.7% | 3 | Côte d\'Ivoire |
| Namibia | $6.3M | +682.7% | 3 | Zambia |
| Dominican Republic | $5.3M | +691.4% | 1 | Côte d\'Ivoire |
| Germany | $4.7M | -0.9% | 20 | Malaysia |
| Australia | $3.6M | -41.7% | 8 | Finland |
| Singapore | $2.7M | +58.5% | 8 | Finland |
| Colombia | $2.6M | +322.4% | 1 | Guatemala |
| Panama | $2.6M | +58.3% | 1 | Guatemala |
| Morocco | $2.5M | +1,432.7% | 3 | USA |
| Barbados | $2.2M | 0% | 1 | United Kingdom |
| Albania | $2.1M | +14.2% | 8 | Côte d\'Ivoire |
| Netherlands | $2.0M | +72.6% | 20 | USA |
| Philippines | $1.9M | +114% | 8 | Slovakia |
| Brazil | $1.5M | +8.2% | 9 | USA |
| Andorra | $1.4M | 0% | 1 | Philippines |
| Spain | $1.2M | +47% | 6 | Netherlands |
| Iran | $744.9K | +132.7% | 1 | Oman |
| Viet Nam | $438.0K | +24.6% | 9 | Taiwan |
| USA | $391.8K | -0.1% | 12 | Italy |
| Norway | $374.0K | +18.6% | 1 | Australia |
| China, Hong Kong Special Administrative Region | $365.5K | +92.8% | 4 | Netherlands |
| Greece | $289.7K | -60.6% | 3 | Poland |
| Cambodia | $196.2K | +32.1% | 3 | China |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $3.1B | $126.7 |
| Canada | 2023 | $913.0M | $5,892.1 |
| Republic of Korea | 2023 | $313.9M | $103.42 |
| Finland | 2023 | $245.3M | $1,987.73 |
| Japan | 2023 | $107.3M | $95.54 |
| Switzerland, Liechtenstein | 2023 | $86.5M | $2,675.5 |
| Namibia | 2023 | $45.7M | $1,968.83 |
| Belgium | 2023 | $33.6M | $17,860.91 |
| The former Yugoslav Republic of Macedonia | 2023 | $23.9M | $100.9 |
| Indonesia | 2023 | $15.6M | $42.25 |
| Greece | 2023 | $14.8M | $51.84 |
| Australia | 2023 | $13.3M | $2,445.62 |
| Germany | 2023 | $9.2M | $4,880.81 |
| Panama | 2023 | $6.7M | $31.25 |
| Cyprus | 2023 | $6.3M | $91.45 |
| Dominican Republic | 2023 | $5.2M | $59.04 |
| South Africa | 2023 | $2.5M | $1,036.62 |
| Spain | 2023 | $2.3M | $19,390.93 |
| Albania | 2023 | $1.6M | $38.94 |
| Brazil | 2023 | $1.5M | $3,249.03 |

_Source: reported merchandise trade data. Updated 2026-08-14._