Based on the 2023 forecasted data, Germany leads with €323.35 million, followed by Italy (€28.496M), France (€10.047M), Spain (€4.6225M), Poland (€4.2193M), and Sweden (€0.02947M). Year-on-year variations for 2023 show notable trends: Germany grew by 3.47%, Italy by 60.7%, France decreased by 4.43%, Spain increased by 28.13%, and Poland saw a modest growth of 1.05%. Over the last five years, the Compound Annual Growth Rate (CAGR) indicates stability and slight growth in the sector.
Future Trends to Watch: Future trends indicate potential for growth in emerging markets within Europe, investment in sustainable production methods, and heightened competition from non-European producers influencing local markets.
Top countries in Sold Production of Iron Oxides and Hydroxides by Country
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 323,350,000 | 2023 | +1.81% | +3.47% | View data |
| 2 | 2 Italy | 28,496,000 | 2023 | -9.74% | +60.7% | View data |
| 3 | 3 France | 10,047,000 | 2023 | +7.19% | -4.43% | View data |
| 4 | 4 Spain | 4,622,500 | 2023 | +19.02% | +28.13% | View data |
| 5 | 5 Poland | 4,219,300 | 2023 | +4.8% | +1.05% | View data |
| 6 | 6 Sweden | 29,470 | 2021 | -95.83% | View data |
