# Nickel Oxides And Hydroxides buyer markets and demand | HS...

Republic of Korea is the largest reported buyer market in this view, with imports of $604.3M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Republic of Korea | $604.3M | +51.6% | 17 | China |
| USA | $38.4M | +34% | 22 | China |
| India | $27.0M | +28.3% | 19 | Australia |
| China | $24.9M | +1.3% | 17 | Japan |
| Singapore | $24.2M | +142.3% | 12 | USA |
| Taiwan | $8.8M | -2.6% | 11 | Japan |
| Germany | $7.6M | +1.2% | 23 | Czechia |
| Malaysia | $5.7M | +18.9% | 11 | Taiwan |
| Belgium | $5.4M | +10.9% | 14 | Philippines |
| Thailand | $4.9M | +44.2% | 16 | Japan |
| Indonesia | $4.1M | +4.1% | 11 | China |
| Morocco | $3.4M | +160.2% | 4 | China |
| Netherlands | $3.2M | +15.5% | 15 | Japan |
| Japan | $3.1M | +16.1% | 11 | Taiwan |
| Czechia | $3.1M | +2.7% | 9 | Sweden |
| France | $2.9M | +13.7% | 12 | Netherlands |
| Mexico | $2.6M | -6.6% | 18 | Japan |
| Spain | $2.3M | +0.7% | 14 | Netherlands |
| Turkey | $1.7M | -3.1% | 16 | Netherlands |
| Poland | $1.6M | +15.4% | 13 | Netherlands |
| Sweden | $1.6M | -5.1% | 8 | Netherlands |
| Canada | $1.5M | +11.7% | 10 | New Caledonia |
| Italy | $1.1M | -2.7% | 14 | Netherlands |
| Viet Nam | $1.1M | +41.2% | 6 | Taiwan |
| Brazil | $927.6K | +6.8% | 12 | Belgium |
| Australia | $728.0K | -36.1% | 5 | China |
| Norway | $553.7K | +291.3% | 7 | Brazil |
| Denmark | $454.1K | +97.5% | 5 | USA |
| United Kingdom | $275.9K | -6.9% | 16 | China |
| Austria | $255.4K | +7.8% | 13 | Chile |
| Estonia | $222.7K | +7.7% | 4 | Japan |
| Argentina | $207.8K | -8.7% | 6 | Brazil |
| Philippines | $190.9K | -8.1% | 4 | Singapore |
| United Rep. of Tanzania | $168.6K | +248.7% | 1 | China |
| Switzerland, Liechtenstein | $141.7K | +11.7% | 9 | Germany |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| China | 2023 | $306.9M | $4,036.63 |
| USA | 2023 | $58.5M | $18,668.94 |
| India | 2023 | $40.8M | $4,884.63 |
| Republic of Korea | 2023 | $11.3M | $3,871.2 |
| Germany | 2023 | $8.6M | $11,073.67 |
| France | 2023 | $8.5M | $21,362.22 |
| Singapore | 2023 | $7.9M | $6,541.19 |
| Sweden | 2023 | $6.5M | $50,189.64 |
| Thailand | 2023 | $6.0M | $645.79 |
| Belgium | 2023 | $5.3M | $16,022.46 |
| Japan | 2023 | $4.6M | $7,814.35 |
| Indonesia | 2023 | $4.4M | $24,552.37 |
| Other Asia, nes | 2023 | $3.9M | $10,971.56 |
| Malaysia | 2023 | $3.5M | $16,624.79 |
| Czechia | 2023 | $3.0M | $21,217.58 |
| Mexico | 2023 | $2.7M | $22,253.02 |
| Norway | 2023 | $1.9M | $7,435.37 |
| Netherlands | 2023 | $1.8M | $18,297.26 |
| Spain | 2023 | $1.7M | $20,759.43 |
| Brazil | 2023 | $1.4M | $22,926.31 |

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