Germany leads the European import of iron ore with 41.385 billion kilograms, experiencing a modest growth of 0.067% in 2023. The Netherlands, the second-largest importer, faces a significant decline of 0.66%. Other key importers like France and the United Kingdom saw decreases of 0.4% and 4.93%, respectively. Notable growth was observed in Poland (+0.43%), Spain (+0.76%), and Slovakia (+0.99%). Italy experienced a notable drop of 7.43%. Smaller importers such as Hungary, Sweden, Denmark, Lithuania, and Ireland demonstrated positive growth rates.
Future trends to watch include potential increases in imports from countries currently showing positive growth rates like Spain, Slovakia, and Hungary. The overall European market may also see new emerging markets or shifts due to geopolitical changes and technological advancements in steel production.
Top countries in Import of Iron Ore by Country
# | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 41,385,000,000 | 2023 | -0.051% | +0.067% | View data |
2 | 2 Netherlands | 27,324,000,000 | 2023 | -0.91% | -0.66% | View data |
3 | 3 France | 15,686,000,000 | 2023 | -0.23% | -0.4% | View data |
4 | 4 Poland | 7,674,800,000 | 2023 | +0.55% | +0.43% | View data |
5 | 5 United Kingdom | 6,911,800,000 | 2023 | -5.25% | -4.93% | View data |
6 | 6 Belgium | 6,836,400,000 | 2023 | -1.36% | -1.59% | View data |
7 | 7 Spain | 6,810,200,000 | 2023 | +0.78% | +0.76% | View data |
8 | 8 Slovakia | 6,615,400,000 | 2023 | +1.09% | +0.99% | View data |
9 | 9 Czechia | 5,619,200,000 | 2023 | |||
10 | 10 Italy | 5,246,800,000 | 2023 | -7.93% | -7.43% | View data |