Nickel: World Production Of Intermediate Products For Export, By Country Or Locality

This table presents data on the global production of intermediate nickel products intended for export, categorized by country or locality. These intermediate products, including nickel matte, nickel-cobalt sulfide, and nickel-cobalt hydroxide, represent crucial stages in the nickel supply chain before final refining and manufacturing. Tracking this data is economically and industrially significant as it reflects the capacity of producing countries to supply raw materials for stainless steel production, battery manufacturing, and other industrial applications. Understanding these production trends helps stakeholders assess market dynamics, supply security, and the evolving role of key nickel-producing regions in the global economy.

Analysis of the data reveals notable growth in nickel intermediate product exports over recent years, with the grand total rising from 381,000 metric tons in 2019 to an estimated 789,000 metric tons in 2023. Indonesia stands out as the leading producer of nickel matte, increasing output dramatically from 71,025 metric tons in 2019 to an estimated 265,000 metric tons in 2023, more than tripling in four years. This surge is complemented by Indonesia’s emergence as a major producer of nickel-cobalt hydroxide, reaching an estimated 180,000 metric tons in 2023 after no recorded production in earlier years. Other significant contributors include Canada, which saw a decline in matte production from 51,200 metric tons in 2019 to 37,200 metric tons in 2023, and Finland, which experienced fluctuations but increased estimated matte production to 34,000 metric tons in 2023. The total production of nickel-cobalt intermediate products also rose substantially, from 158,000 metric tons in 2019 to 359,000 metric tons in 2023, driven by gains in countries like New Caledonia and Turkey. Overall, the data highlights a strong upward trend in nickel intermediate product exports, underscoring shifting production centers and growing global demand.