In 2023, Sweden was the dominant exporter of granules and powders of pig iron, spiegeleisen, iron, or steel, accounting for 43.38% of the European market. Germany followed at 26.16%, although it experienced a decline of 2.45% over the prior year. Smaller exports were notable from countries like Romania, Belgium, and Spain, the latter showing a significant year-on-year increase of 17.68%. Malta and Croatia saw remarkable growth rates of 35.97% and 37.13% respectively, indicating emerging players in this field.
Future trends to watch include shifts in export dynamics, with potential for continued growth from smaller markets like Greece and Latvia, alongside recovery or strategic adaptation from countries exhibiting declines, such as Austria and the United Kingdom. Denmark's complete downturn suggests restructuring or market exit, making this a potential area for analysis. Monitoring these developments and regional economic conditions will be crucial for forecasting the European export landscape of these materials.
Top countries in Export of Granules and Powders of Pig Iron, Spiegeleisen, Iron or Steel Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 43.38 | 2023 | +0.15% | -0.47% | View data |
| 2 | 2 Germany | 26.16 | 2023 | +1.62% | -2.45% | View data |
| 3 | 3 Romania | 7.98 | 2023 | +3.14% | +0.27% | View data |
| 4 | 4 Belgium | 6.21 | 2023 | +6.92% | +0.7% | View data |
| 5 | 5 Spain | 4.37 | 2023 | +2.85% | +17.68% | View data |
| 6 | 6 Slovenia | 3.32 | 2023 | -0.0066% | -1.73% | View data |
| 7 | 7 Austria | 2.14 | 2023 | +7.61% | -7.7% | View data |
| 8 | 8 Poland | 2.14 | 2023 | +3.85% | +3.66% | View data |
| 9 | 9 United Kingdom | 1.74 | 2023 | -14.57% | -11.33% | View data |
| 10 | 10 Netherlands | 0.8 | 2023 | +3.83% | +4.17% | View data |
