The 2023 European import data for ferro-chromium reveals Belgium's dominance, holding 31.56% of the market share. Spain and the Netherlands follow with 18.9% and 11.68%, respectively. Notable decreases occurred in Germany (-15.01%) and the Netherlands (-7.85%), while growth was seen in Finland (8.47%) and Estonia (62.78%). Lower shares are notable in countries like Denmark and Luxembourg, despite Luxembourg's high growth rate (63.4%). Over a five-year period, these variations suggest a slight rebalancing of import shares among these European countries, with a general maintenance of Belgium's leading position.
Future trends to watch for include:
- The impact of changes in global ferro-chromium production levels and any shifts in import strategies, especially from leading countries like Belgium.
- Potential policy changes within the EU that could impact trade volumes and import processes.
- The economic factors influencing demand for ferro-chromium in major importing countries, alongside technological advancements in steel production that could alter import needs.
Top countries in Import of Ferro-Chromium Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 31.56 | 2023 | +7.61% | -2.12% | View data |
| 2 | 2 Spain | 18.9 | 2023 | +5.68% | -0.0069% | View data |
| 3 | 3 Netherlands | 11.68 | 2023 | -0.48% | -7.85% | View data |
| 4 | 4 Sweden | 8.97 | 2023 | +4.18% | +0.22% | View data |
| 5 | 5 France | 5.46 | 2023 | -6.25% | -8.21% | View data |
| 6 | 6 Slovenia | 4.94 | 2023 | +2.18% | +2.22% | View data |
| 7 | 7 Germany | 4.37 | 2023 | -25.3% | -15.01% | View data |
| 8 | 8 United Kingdom | 4.03 | 2023 | -3.59% | -5.84% | View data |
| 9 | 9 Austria | 3.83 | 2023 | +6.8% | +1.22% | View data |
| 10 | 10 Poland | 2.42 | 2023 | +2.65% | -0.083% | View data |
