Key Market Indicators
Icelander metal imports are projected to hit 2.19 million metric tons by 2028, rising from 2.02 million metric tons in 2023. This marks an average annual growth rate of 1.2%. Since 1975, the demand for metal in Iceland has been increasing at an average rate of 0.7% per year. In the 2023 rankings, Iceland held the 29th position, with Croatia surpassing it at the same import volume of 2.02 million metric tons. In the broader European context, France, Italy, and Spain secured the second, third, and fourth spots, respectively, in the rankings for metal imports.
