Nickel fell to 14,879.88 USD/T on December 3, 2025, down 0.20% from the previous day. Over the past month, Nickel's price has fallen 1.20%, and is down 7.47% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Nickel - values, historical data, forecasts and news - updated on December of 2025.

In recent years, nickel prices have hit some of their all-time highest numbers, at an average of almost 26,000 U.S. dollars per metric ton throughout 2022. This was driven by a large spike in prices at the end of that year, where they peaked at 31,275 U.S. dollars per ton in mid-November. The recent surge in nickel prices has been driven by several factors, including disruptions to Russia's (the world's third-largest nickel producer) export industry following its invasion of Ukraine. Additionally, demand for nickel has grown alongside the growth of lithium-ion battery production, driven by the growth of the electronic car market. However, these recent peaks are still well below the all-time annual high of more than 37,000 U.S. dollars in 2007, where low international supply coupled with high demand from China's stainless-steel manufacturing industries caused prices to soar.

Forecast: Import of Unwrought Nickel to Brazil 2022 - 2026 Discover more data with ReportLinker!

Forecast: Import of Unwrought Nickel Alloys to the US 2022 - 2026 Discover more data with ReportLinker!

Forecast: Imports of Nickel and Articles Thereof in China 2022 - 2026 Discover more data with ReportLinker!

Imports of Nickel in the United States decreased to 168.75 USD Million in February from 200.14 USD Million in January of 2024. This dataset includes a chart with historical data for the United States Imports of Nickel.

Explore insights from Market Research Intellect's Nickel Target Market Report, valued at USD 40 billion in 2024, expected to reach USD 60 billion by 2033 with a CAGR of 5.0% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

Explore insights from Market Research Intellect's Electroless Nickel Market Report, valued at USD 1.65 billion in 2024, expected to reach USD 2.58 billion by 2033 with a CAGR of 6.5% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

Forecast: Sold Production of Unwrought Nickel in Germany 2022 - 2026 Discover more data with ReportLinker!

The Primary Nickel Market size is expected to reach USD 45.7 billion in 2026 growing at a CAGR of 4.9. Primary Nickel Market segmentation, demand analysis, competitive landscape, and trend forecast for strategic planning.

Tajikistan Nickel Market is expected to grow during 2020-2026

Philippines Nickel Market is expected to grow during 2020-2026

Exports of Nickel & Articles Thereof in Mexico decreased to 28068 USD Thousand in January from 31904 USD Thousand in December of 2023. This dataset includes a chart with historical data for Mexico Exports of Nickel & Articles Thereof.

Thailand Nickel Market is expected to grow during 2020-2026

The global nickel market size was valued at USD 37.0 Billion in 2024. Looking forward, IMARC Group estimates the market to reach USD 55.5 Billion by 2033, exhibiting a CAGR of 4.6% during 2025-2033. Asia Pacific currently dominates the market, holding a significant market share of over 72.0% in 2024. Rapid technological advancements and innovation, favorable government policies and regulations, burgeoning investments in infrastructure and development projects, and the rising demand for stainless steel products are some of the major factors propelling the market.

IMARC Group provides an analysis of the key trends in each segment of the global nickel market report, along with forecasts at the global, regional and country levels from 2025-2033. Our report has categorized the market based on product type, application and end-use industry.

Exports of Nickel & Related Articles in the United Kingdom decreased to 170.35 GBP Million in December from 200.52 GBP Million in November of 2023. This dataset includes a chart with historical data for the United Kingdom Exports of Nickel & Related Articles.

Explore insights from Market Research Intellect's Nickel Plated Brass Cable Gland Market Report, valued at USD 500 million in 2024, expected to reach USD 800 million by 2033 with a CAGR of 6.5% during 2026-2033.Uncover opportunities across demand patterns, technological innovations, and market leaders.

Forecast: Exports of Nickel and Articles Thereof in China 2022 - 2026 Discover more data with ReportLinker!

India Nickel Market is expected to grow during 2025-2031

Japan Nickel Market is expected to grow during 2025-2031