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Global Nickel scrap Market 2026: world trade, top exporters and key figures

World exports of nickel scrap (HS 750300) reached $1.31 billion in 2024, 25% more than in 2019. The United Kingdom was the largest exporter with 15% of the world total, and the United States was the largest buyer.

+25% since 2019

World exports were 25% higher in 2024 than in 2019 ($1.05 billion), calculated from the annual totals

15% of world exports

The United Kingdom was the largest exporter in 2024, with 15% of world exports ($189.5 million)

37% of world exports

The three largest exporters, the United Kingdom, the United States and Germany

What this market covers

Waste and scrap of nickel, excluding remelted ingots and ash.

Typical segments

  • Pure nickel scrap
  • Turnings
  • Plating scrap
  • Alloy scrap
ChartWorld exports of HS 750300, USD million
World exports of HS 750300, USD million05001,0001,5002017: 734 USD million73420172018: 945 USD million20182019: 1,047 USD million20192020: 932 USD million20202021: 911 USD million20212022: 1,412 USD million20222023: 1,442 USD million20232024: 1,306 USD million1,3062024

Why this market is moving now

  • World trade grew 25% from 2019 to 2024, a direct read on cross-border demand.
  • France is gaining ground: its exports rose 112% from 2019 to 2024, the fastest among the ten largest exporters.

Key figures

Global figures for this market, with the year each one describes. Use Cite to copy a reference to this page.

FigureValueYearCite
World exports of nickel scrap (HS 750300) were worth $1.31 billion in 2024.1.31 USD billion2024
World exports were 25% higher in 2024 than in 2019 ($1.05 billion), calculated from the annual totals.+25 % since 20192024
The United Kingdom was the largest exporter in 2024, with 15% of world exports ($189.5 million).15 % of world exports2024
The three largest exporters, the United Kingdom, the United States and Germany, shipped 37% of world exports in 2024.37 % of world exports2024
The United States was the largest importer in 2024, buying $384.7 million, or 29% of world imports.29 % of world imports2024
56 countries exported more than $1 million of this product in 2024.56 countries2024
The average world export price was about $6.43 per kilogram in 2024, calculated from value and weight.6.43 USD per kg2024
Countries exported 203.2 thousand tonnes of this product in 2024.203.2 thousand tonnes2024
Among the ten largest exporters, France grew fastest, with exports up 112% from 2019 to 2024.+112 % since 20192024

Calculated figures (shares, changes and prices per kilogram) are plain arithmetic on the reported values. Read how we work.

Buyers and suppliers

Who buys

  • Alloy makers
  • Stainless steel mills
  • Scrap traders

Largest exporting countries, 2024

  1. United Kingdom189.5 USD million
  2. United States180.7 USD million
  3. Germany114.3 USD million
  4. Canada81.2 USD million
  5. France75.0 USD million
  6. China59.0 USD million
  7. Singapore54.3 USD million
  8. Saudi Arabia46.7 USD million
  9. South Korea39.3 USD million
  10. Mexico39.3 USD million

Largest importing countries, 2024

  1. United States384.7 USD million
  2. United Kingdom153.5 USD million
  3. Japan129.8 USD million
  4. Germany119.1 USD million
  5. Canada97.9 USD million
  6. Sweden79.8 USD million
  7. India45.6 USD million
  8. Singapore33.6 USD million
  9. Italy30.2 USD million
  10. Taiwan26.3 USD million

What the full report covers

  1. 01Executive summary
    The answer in one page: size, direction and what moves it
  2. 02Market definition and scope
    What is in and out of the global market
  3. 03Global market size, 2021 to 2025
    Historical series and growth rates
  4. 04Countries and regions
    Demand, supply and trade by country and region
  5. 05Outlook to 2031
    Base, low and high scenarios with stated assumptions
  6. 06Rules, policy and deadlines
    Regulation and programmes that change demand
  7. 07Drivers and barriers
    What accelerates or slows adoption, by customer segment
  8. 08Prices, costs and margins
    Unit economics where public data allows
  9. 09Competitive landscape
    8 to 12 company profiles with recent moves
  10. 10Opportunities and risks
    For new entrants, suppliers and investors
  11. 11Method and assumptions
    How every figure was built

Included with the full report

  • PDF report, 40 to 60 pages
  • Excel data pack
  • Ready-to-use charts
  • Method note and assumptions
  • Written to order in 5 working days
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Frequently asked questions

How big is the global nickel scrap market?

There is no single official market total. World exports of HS 750300 reached $1.31 billion in 2024, a direct measure of cross-border trade.

Which countries export the most nickel scrap?

The United Kingdom led world exports in 2024 with 15% of the total, followed by the United States, Germany and Canada.

Which countries import the most nickel scrap?

The United States was the largest importer in 2024, followed by the United Kingdom, Japan and Germany.

Is world trade in nickel scrap growing?

World exports were 25% higher in 2024 than in 2019.

What is the average export price of nickel scrap?

Dividing world export value by weight gives about $6.43 per kilogram in 2024.

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