Market research

Unwrought nickel market in Germany

Unwrought nickel market in Germany

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
English Русский

Submission method: to your account

File format: docx, xlsx

Single Report

$500
  • Instant access to detailed data on one specific market
  • Ideal for one-off tasks: niche assessments, presentations, investment decisions
  • Available in Excel and Word in 15 minutes after purchase
  • Cheaper than subscription, but each market requires a separate purchase
Best if you know exactly what you need

Platform Subscription

from$600
  • Complete and unlimited data access across products and regions
  • Includes continuous data updates during subscription period
  • Download reports instantly in Word, and Excel formats
  • More cost-effective for multiple markets or regular analysis
Ideal for regular data users

Earlier Report Observations

Supported by strong global nickel output and rising demand for stainless steel and batteries, the German unwrought nickel market stood at 55 521 t in 2018. It then contracted over the next two years, dropping sharply to 43 916 t in 2020 after the COVID-19 pandemic disrupted supply chains and dampened industrial activity.

A robust recovery followed, with market volume climbing to 50 955 t in 2021 as global nickel imports surged by 55% and industrial demand rebounded. Growth continued into 2022, reaching 53 648 t, sustained by steady demand for electric vehicle batteries and stable import flows.

By 2024, the market receded to 44 123 t, a level that coincided with a slight dip in worldwide nickel production and persistent price volatility, even as demand from battery and stainless steel makers remained a core market driver.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators and Trends
    1. 4.1. Key Market Indicators
      1. 4.1.1. In kind
        1. 4.1.1.1. Production, 2018-2022, 2024
        2. 4.1.1.2. Imports, 2018-2024
        3. 4.1.1.3. Exports, 2018-2024
        4. 4.1.1.4. Market size, 2018-2022, 2024
    2. 4.2. Market Trends and Factors
  5. 5. Production
    1. 5.1. Production in Germany
      1. 5.1.1. In kind, 2018-2022, 2024, t
      2. 5.1.2. In value, 2018-2022, 2024, K $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, t
      2. 5.2.2. In value, 2018-2024, K $ US
  6. 6. Imports
    1. 6.1. Imports (Direct Data)
      1. 6.1.1. Imports - Total information
      2. 6.1.2. Imports in kind, t
        1. 6.1.2.1. Annual dynamics of product's imports to Germany in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's imports in kind to Germany by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.1.3. Imports in value, M $ US
        1. 6.1.3.1. Annual dynamics of product's imports to Germany in value, 2018-2024, M $ US
        2. 6.1.3.2. Dynamics of product's imports in value to Germany by countries, 2018-2024, M $ US
        3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's imports, $ US/kg
        1. 6.1.4.1. Annual dynamics of average price of product's imports to Germany, 2018-2024, $ US/kg
        2. 6.1.4.2. Dynamics of average price of product's imports to Germany by countries, 2018-2024, $ US/kg
    2. 6.2. Imports (Mirror Data)
      1. 6.2.1. Imports - Total information
      2. 6.2.2. Imports in kind, t
        1. 6.2.2.1. Annual dynamics of product's imports to Germany in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's imports in kind to Germany by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 6.2.3. Imports in value, M $ US
        1. 6.2.3.1. Annual dynamics of product's imports to Germany in value, 2018-2024, M $ US
        2. 6.2.3.2. Dynamics of product's imports in value to Germany by countries, 2018-2024, M $ US
        3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's imports, $ US/kg
        1. 6.2.4.1. Annual dynamics of average price of product's imports to Germany, 2018-2024, $ US/kg
        2. 6.2.4.2. Dynamics of average price of product's imports to Germany by countries, 2018-2024, $ US/kg
  7. 7. Exports
    1. 7.1. Exports (Direct Data)
      1. 7.1.1. Exports - Total information
      2. 7.1.2. Exports in kind, t
        1. 7.1.2.1. Annual dynamics of product's exports from Germany in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's exports in kind from Germany by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.1.3. Exports in value, M $ US
        1. 7.1.3.1. Annual dynamics of product's exports from Germany in value, 2018-2024, M $ US
        2. 7.1.3.2. Dynamics of product's exports in value from Germany by countries, 2018-2024, M $ US
        3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's exports, $ US/kg
        1. 7.1.4.1. Annual dynamics of average price of product's exports from Germany, 2018-2024, $ US/kg
        2. 7.1.4.2. Dynamics of average price of product's exports from Germany by countries, 2018-2024, $ US/kg
    2. 7.2. Exports (Mirror Data)
      1. 7.2.1. Exports - Total information
      2. 7.2.2. Exports in kind, t
        1. 7.2.2.1. Annual dynamics of product's exports from Germany in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's exports in kind from Germany by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 7.2.3. Exports in value, M $ US
        1. 7.2.3.1. Annual dynamics of product's exports from Germany in value, 2018-2024, M $ US
        2. 7.2.3.2. Dynamics of product's exports in value from Germany by countries, 2018-2024, M $ US
        3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's exports, $ US/kg
        1. 7.2.4.1. Annual dynamics of average price of product's exports from Germany, 2018-2024, $ US/kg
        2. 7.2.4.2. Dynamics of average price of product's exports from Germany by countries, 2018-2024, $ US/kg
  8. 8. Trade balance
    1. 8.1. Trade balance (Direct Data)
      1. 8.1.1. In kind, t
      2. 8.1.2. In value, M $ US
    2. 8.2. Trade balance (Mirror Data)
      1. 8.2.1. In kind, t
      2. 8.2.2. In value, M $ US
  9. 9. Top buying and selling countries, 2018-2024
    1. 9.1. Direct Data
      1. 9.1.1. Import in Value by Countries-buyers
      2. 9.1.2. Export in Value by Countries-suppliers
    2. 9.2. Mirror Data
      1. 9.2.1. Import in Value by Countries-buyers
      2. 9.2.2. Export in Value by Countries-suppliers

Production unwrought nickel in Germany

In value, 2017-2020, K $ US

Germany's unwrought nickel production value declined after two years of growth. In 2019, output reached its peak at 46 619 K $ US. However, in 2020, production fell to 36 520 K $ US, marking a significant year-over-year decrease of 21.7%. The largest increase occurred in 2018, with a 23.5% rise.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

Parameter201820192020CAGR
1Change from last year23.5%4.4%(21.7%)0.3%
Source: SHEV.io

In kind, 2017-2020, t

Germany's unwrought nickel production volume increased for the third consecutive year. In 2020, output reached 3 991 t, representing a substantial year-over-year gain of 29.0%. Over the period from 2017 to 2020, production grew by 38.2%, which translates to an annualized rate of 11.4%.

Annual dynamics of production in Germany in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year1.6%5.4%29.0%11.4%
Source: SHEV.io

Exports unwrought nickel from Germany

Exports in kind, t

Germany exported 17 415 t of unwrought nickel in 2020, showing a slight increase of 1.0% compared to 2019. Over the 2017-2020 period, exports rose by 2.6%, with an annualized rate of 0.8%. The highest export volume was recorded in 2018 at 20 651 t. In 2019, exports experienced the largest decline of 16.5%, while 2018 saw the largest increase of 21.6%.

Annual dynamics of product's exports from Germany in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year21.6%(16.5%)1.0%0.8%
Source: SHEV.io

From 2017 to 2020, Austria was the dominant destination for Germany's unwrought nickel exports in volume terms, accounting for 71.5% of total flows. Other countries each held significantly smaller shares.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Germany in kind, 2017-2020

Source: SHEV.io

Exports in value, M $ US

In 2020, Germany's unwrought nickel exports were valued at 255 M $ US, up by 3.3% from 2019. Over the 2017-2020 period, exports increased by 25.6%, with a compound annual growth rate of 7.9%. The peak value was recorded in 2018 at 290 M $ US. In 2019, exports saw the largest decline of 14.9%, while 2018 experienced the largest increase of 42.9%.

Annual dynamics of product's exports from Germany in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year42.9%(14.9%)3.3%7.9%
Source: SHEV.io

From 2017 to 2020, Austria accounted for 71.3% of Germany's unwrought nickel exports in value terms. The remaining exports were distributed among a broad group of smaller countries.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Germany in value, 2017-2020

Source: SHEV.io

Imports unwrought nickel to Germany

Imports in kind, t

Germany's unwrought nickel import volume declined for the third consecutive year. In 2020, imports totaled 57 341 t, down by 14.3% compared to 2019. Over the 2017-2020 period, imports decreased by 23.8%, equating to an annualized rate of 8.7%.

Annual dynamics of product's imports to Germany in kind, 2017-2020, t

Parameter201820192020CAGR
1Change from last year(2.7%)(8.6%)(14.3%)(8.7%)
Source: SHEV.io

From 2017 to 2020, Russia, Norway, and the United Kingdom formed the main cluster of sources for Germany's unwrought nickel imports in volume terms. Russia accounted for 45.0% of imports, Norway for 10.9%, and the United Kingdom for 9.9%, together representing 65.9% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Germany in kind, 2017-2020

Source: SHEV.io

Imports in value, M $ US

Germany's unwrought nickel import value declined for the second consecutive year. In 2020, imports amounted to 769 M $ US, down by 18.8% from the previous year. Over the 2017-2020 period, imports decreased by 6.8%, with a compound annual growth rate of 2.3%. The highest value was recorded in 2018 at 1 010 M $ US, which also saw the largest increase of 22.3%.

Annual dynamics of product's imports to Germany in value, 2017-2020, M $ US

Parameter201820192020CAGR
1Change from last year22.3%(6.2%)(18.8%)(2.3%)
Source: SHEV.io

From 2017 to 2020, Russia, Norway, and the United Kingdom were the primary sources for Germany's unwrought nickel imports in value terms. Russia held a 44.4% share, Norway 11.2%, and the United Kingdom 10.3%, together accounting for 66.0% of total imports.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Germany in value, 2017-2020

Source: SHEV.io

Why Choose Us?

Only Verified Data

We provide data exclusively verified by trusted sources and our proprietary validation algorithms.
Сompetitors offer unverified rough estimates, which can differ greatly from reality and therefore cannot be reliably used for decision-making

No Hidden Costs or Separate Fees

All critical data is included in our reports at no extra cost (e.g. top importers and exporters)
Competitors charge separately for essential sections, making their final reports significantly more expensive compared to ours

Smarter Subscription Pricing

Our subscription plans are among the best on the market, offering excellent value and flexibility
Competitors typically set significantly higher prices while offering fewer features and more limited data access

Contact Our Team

Submit your inquiry using the form below — our team will get back to you within 24 hours.

We use cookies to enhance your browsing experience, serve personalized content, and analyze our traffic. By clicking "Accept All", you consent to our use of cookies. You can manage your preferences or learn more in our Privacy Policy.