According to GlobalData, Canada is the world’s sixth-largest producer of nickel in 2022, with output up by 2% on 2021. Over the five years to 2021, production from Canada decreased by a CAGR of 9.6% and is expected to rise by a CAGR of 9% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Nickel Mining to 2026 report. Buy the report here.
Canada accounts for 5% of global production, with the largest producers being Indonesia, the Philippines, Russia and New Caledonia. Exports of nickel from Canada increased by 2% in 2022 over 2021, with the highest share being exported to Finland. Canada’s nickel exports are expected to grow at a CAGR of 9% between 2022 and 2026.
Leading producers of nickel in Canada are Vale and Glencore. During 2020-2021, Vale's output was down by 22%, Glencore's output decreased by 7%.
For more detailed analysis of global nickel mining, buy the report here.
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