In 2023, Germany led European imports of compounds of rare-earth metals with a significant share, followed by Estonia and Poland. Notably, Germany demonstrated a modest growth in imports, while Estonia saw a smaller increase. Poland experienced the most substantial growth among the top importers. Conversely, several countries like the United Kingdom, Netherlands, and Italy saw declines, with Austria being a standout for impressive year-over-year growth. Importantly, many smaller importer nations, including Finland, Denmark, Hungary, Ireland, and Romania, faced notable contractions, with year-on-year variations reflecting diverse economic circumstances impacting these markets.
Looking ahead, future trends to watch include potential shifts due to technological advancements, policy changes around rare-earth metals, and environmental regulations affecting sourcing and supply chain processes. The demand in sectors such as renewable energy and electronics could drive changes in import patterns, highlighting the need for strategic planning and adjustments in the European market.
Top countries in Import of Compounds of Rare-Earth Metals of Yttrium or of Scandium or Mixtures of These Metals Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 47.66 | 2023 | +1.36% | +1.31% | View data |
| 2 | 2 Estonia | 25.69 | 2023 | +1.2% | +1.17% | View data |
| 3 | 3 Poland | 7.65 | 2023 | +5.91% | +3.21% | View data |
| 4 | 4 United Kingdom | 4.21 | 2023 | -5.11% | -1.07% | View data |
| 5 | 5 Spain | 2.53 | 2023 | -1.69% | +0.29% | View data |
| 6 | 6 Netherlands | 2.3 | 2023 | -13.9% | -10.09% | View data |
| 7 | 7 Italy | 1.46 | 2023 | -7.6% | -5.08% | View data |
| 8 | 8 Czechia | 0.94 | 2023 | |||
| 9 | 9 Belgium | 0.71 | 2023 | -11.21% | -10.12% | View data |
| 10 | 10 Austria | 0.61 | 2023 | -47.37% | +57.47% | View data |
