According to GlobalData, Canada is the world’s sixth-largest producer of nickel in 2023, with output down by 15.82% on 2022. Over the five years to 2022, production from Canada decreased by a CAGR of 5.26% and is expected to rise by a CAGR of 12% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2030 report. Buy the report here.
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Canada accounts for 4% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Exports of nickel from Canada declined by 7.62% in 2023 over 2022, with the highest share being exported to Finland. Canada’s nickel exports are expected to grow at a CAGR of 9.74% between 2023 and 2027.
Leading producers of nickel in Canada are Vale and Glencore. During 2020-2021, Vale's output was up by 7%, Glencore's output increased by 5%.
For more detailed analysis of global nickel mining, buy the report here.
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