Nickel sulfate trade by country: top importers, exporters and prices
World trade in nickel sulfate was worth $1.46 billion in 2024, about 396.9 thousand tonnes. That is an increase of 243% since 2017, and down 3% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $1.46B | 396.9K t |
| 2023 | $1.51B | 323.2K t |
| 2022 | $1.27B | 227.0K t |
| 2021 | $1.01B | 226.6K t |
| 2020 | $636.3M | 182.5K t |
| 2019 | $682.7M | 197.1K t |
| 2018 | $627.4M | 182.0K t |
| 2017 | $426.1M | 154.1K t |
Top nickel sulfate exporting countries
Indonesia is the largest exporter with 38% of world exports, followed by South Korea and Finland. The top three supply 58% between them, out of 52 exporting countries.
| Exporter | Value | Share |
|---|---|---|
| Indonesia | $549.7M | 38% |
| South Korea | $156.7M | 11% |
| Finland | $147.2M | 10% |
| Belgium | $115.0M | 7.9% |
| South Africa | $93.5M | 6.4% |
| Taiwan | $84.7M | 5.8% |
| Australia | $79.5M | 5.4% |
| Singapore | $45.0M | 3.1% |
| China | $39.1M | 2.7% |
| Germany | $35.1M | 2.4% |
| Netherlands | $25.2M | 1.7% |
| Japan | $18.5M | 1.3% |
Top importing countries and buyer markets
China is the biggest buyer with 48% of world imports, ahead of Japan and South Korea. Demand is concentrated: the top three take 65% across 113 importing countries.
| Importer | Value | Share |
|---|---|---|
| China | $707.1M | 48% |
| Japan | $160.0M | 11% |
| South Korea | $80.5M | 5.5% |
| Sweden | $78.7M | 5.4% |
| Indonesia | $60.1M | 4.1% |
| Finland | $44.6M | 3.1% |
| Belgium | $41.3M | 2.8% |
| Canada | $28.9M | 2% |
| Philippines | $28.9M | 2% |
| Malaysia | $26.8M | 1.8% |
| Morocco | $24.0M | 1.6% |
| United States | $18.9M | 1.3% |
Average price per kg
The world average declared value was about $3.68 per kg in 2024. Among the main exporters, South Africa averaged $5.00 per kg and Indonesia $3.10 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Who is behind these numbers in this market?
The shipment records behind Nickel sulfate (HS 2833.24) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 2833.24: Sulphates: of nickel. HS 2833 codes.
Common questions
Which countries export the most nickel sulfate?
Indonesia exported $549.7 million in 2024, 38% of the world total, followed by South Korea (11%) and Finland (10%). In all, 52 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most nickel sulfate?
China imported $707.1 million in 2024, 48% of world imports, ahead of Japan (11%) and South Korea (6%). The top three importers together take 65%. Each country with its own page is linked from the table.
How big is the world trade in nickel sulfate?
It was worth $1.46 billion in 2024, about 396.9 thousand tonnes. That is an increase of 243% since 2017. The peak year was 2023 at $1.51 billion. 52 countries reported exports and 113 reported imports.
What is the average price of nickel sulfate per kg?
The world average declared value was about $3.68 per kg in 2024. Among the main exporters, South Africa averaged $5.00 per kg and Indonesia $3.10 per kg, so grade and origin matter. The average mixes every grade and size, so use it as a market reference rather than an offer.
What is the HS code for nickel sulfate?
The HS code for nickel sulfate is subheading 2833.24, in chapter 28 (inorganic chemicals; organic and inorganic compounds of precious metals; of rare earth metals, of radio-active elements and of isotopes). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 2833 page.
How can I find nickel sulfate buyers and suppliers?
EximDataX shows the importers and exporters of nickel sulfate by name, from shipment-level customs records updated weekly. Ask for a live look at the markets you sell to.
See what your buyers are buying.Then decide.
Everything we show you comes from official customs filings — records, not claims. 30 minutes. Your shipment. Your HS code. Real platform. If you don’t see something new about your market by the end of the call, we walk away. No follow-ups.