As of 2023, Russia leads the global export market of non-alloy pig iron with low phosphorus content, holding a dominant share at 45.69%. Ukraine follows with 25.72%, showing a significant increase in growth. Brazil ranks third, albeit with a declining export trend at -7.46%. The European nations collectively maintain a minor yet stable presence, with Germany showing positive growth, while South Africa and India exhibit slight reductions. The U.S. emerges with substantial growth potential at 5.22%, although currently holding a smaller share.
Looking ahead, watch for Ukraine's continued expansion potentially challenging Russia's dominance, provided geopolitical conditions remain stable. Brazil's declining trend could alter with strategic market adjustments. Additionally, smaller European and North American regions may increment their shares, capitalizing on sustainability and technological advancements in iron production.
Top countries in Export of Non-Alloy Pig Iron Containing by Weight 0.5% or Less of Phosphorus Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Russia | 45.69 | 2023 | +1.73% | +0.92% | View data |
| 2 | 2 Ukraine | 25.72 | 2023 | +2.97% | +2.17% | View data |
| 3 | 3 Brazil | 9.97 | 2023 | -9.08% | -7.46% | View data |
| 4 | 4 South Africa | 4.51 | 2023 | +0.49% | -0.84% | View data |
| 5 | 5 India | 2.2 | 2023 | -6.32% | -2.29% | View data |
| 6 | 6 Germany | 1.64 | 2023 | +1.77% | +2.58% | View data |
| 7 | 7 Belgium | 0.9 | 2023 | -3.92% | -2.75% | View data |
| 8 | 8 Netherlands | 0.73 | 2023 | -0.37% | +0.61% | View data |
| 9 | 9 Poland | 0.64 | 2023 | +2.25% | +3.59% | View data |
| 10 | 10 Czech Republic | 0.62 | 2023 | +1.51% | -11.67% | View data |
