| Product Code: ETC4653225 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Portugal`s nickel import shipments in 2024 continued to be dominated by key European suppliers such as Germany, Spain, Italy, Metropolitan France, and Belgium. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a healthy compound annual growth rate (CAGR) of 5.14% from 2020 to 2024, a notable decline in the growth rate from 2023 to 2024 at -22.61% suggests potential market challenges or shifts in demand dynamics. Monitoring these trends closely will be crucial for stakeholders in the nickel import industry in Portugal.
In the Europe region, the Nickel market in Portugal is projected to expand at a stable growth rate of 0.95% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Nickel Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Nickel Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Nickel Market - Industry Life Cycle |
3.4 Portugal Nickel Market - Porter's Five Forces |
3.5 Portugal Nickel Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Portugal Nickel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for nickel in the electric vehicle (EV) industry due to its use in batteries. |
4.2.2 Increasing investments in infrastructure projects leading to higher demand for nickel in construction. |
4.2.3 Technological advancements driving innovation in nickel mining and processing techniques. |
4.3 Market Restraints |
4.3.1 Fluctuating nickel prices in the global market impacting the profitability of nickel mining companies in Portugal. |
4.3.2 Environmental regulations and sustainability concerns affecting the production processes of nickel. |
4.3.3 Competition from other nickel-producing countries impacting the market share of Portugal in the nickel industry. |
5 Portugal Nickel Market Trends |
6 Portugal Nickel Market Segmentations |
6.1 Portugal Nickel Market, By Applications |
6.1.1 Overview and Analysis |
6.1.2 Portugal Nickel Market Revenues & Volume, By Stainless Steel, 2021-2031F |
6.1.3 Portugal Nickel Market Revenues & Volume, By Super Magnets, 2021-2031F |
6.1.4 Portugal Nickel Market Revenues & Volume, By Electroplating Chemicals, 2021-2031F |
6.1.5 Portugal Nickel Market Revenues & Volume, By Rechargeable Batteries, 2021-2031F |
6.1.6 Portugal Nickel Market Revenues & Volume, By Others, 2021-2031F |
7 Portugal Nickel Market Import-Export Trade Statistics |
7.1 Portugal Nickel Market Export to Major Countries |
7.2 Portugal Nickel Market Imports from Major Countries |
8 Portugal Nickel Market Key Performance Indicators |
8.1 Percentage of nickel used in EV batteries compared to traditional applications. |
8.2 Research and development investment in nickel extraction technologies. |
8.3 Compliance rate with environmental standards in nickel mining and processing operations. |
8.4 Percentage of infrastructure projects in Portugal using nickel-based materials. |
8.5 Innovation index measuring the adoption of advanced nickel processing methods in the market. |
9 Portugal Nickel Market - Opportunity Assessment |
9.1 Portugal Nickel Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Portugal Nickel Market - Competitive Landscape |
10.1 Portugal Nickel Market Revenue Share, By Companies, 2024 |
10.2 Portugal Nickel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |