Belgium led European imports of ferro-alloys in 2023, reaching 455.35 million kilograms, followed by Spain and Italy. While Belgium's imports decreased by 6.16%, Spain's saw a 5.08% decline. Italy experienced a sharper drop of 16.78%. The most significant declines were observed in the Netherlands and Germany, both over 36%. Central and Eastern European countries like Slovakia and Finland noted substantial drops, with over 26% and 32% respectively, offsetting smaller markets like Malta and Estonia with minimal volume.
Future trends to watch include potential recovery in economies that saw significant declines. Eco-friendly alternatives may reshape demand, influencing import volumes across EU nations as environmental policies tighten. Sustainable practices and technological advancements will also play a crucial role in this sector.
Top countries in Import of Ferro-Alloys by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 455,350,000 | 2023 | +7.93% | -6.16% | View data |
| 2 | 2 Spain | 342,410,000 | 2023 | +5.37% | -5.08% | View data |
| 3 | 3 Italy | 230,750,000 | 2023 | -13.71% | -16.78% | View data |
| 4 | 4 Sweden | 165,520,000 | 2023 | -0.75% | -5.68% | View data |
| 5 | 5 Poland | 144,010,000 | 2023 | -1.96% | -11.74% | View data |
| 6 | 6 France | 102,060,000 | 2023 | -12.95% | -16.75% | View data |
| 7 | 7 Netherlands | 93,698,000 | 2023 | -46.71% | -36.89% | View data |
| 8 | 8 Germany | 92,915,000 | 2023 | -53.39% | -36.42% | View data |
| 9 | 9 Austria | 87,581,000 | 2023 | +4.74% | -9.41% | View data |
| 10 | 10 Czechia | 69,194,000 | 2023 |
