In 2024, Germany maintains the largest share of European iron exports, albeit slightly declining by 0.94% year-on-year. Sweden, which holds the second-largest share, saw a significant rise of 2.41%. France and Italy experienced marginal year-on-year changes, while Belgium and the United Kingdom witnessed decreases. Notable increases include Romania at 4.72% and Lithuania at 8.89%. Conversely, countries like Cyprus (-9.39%) and Malta (-11.42%) saw the most significant declines.
Looking ahead, future trends to watch include the impact of technological advancements in iron production, changes in environmental regulations, and shifts in global demand. Countries investing in sustainable practices and innovations in iron production are likely to see growth in their export shares.
Top countries in Iron Exports Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 14.54 | 2023 | -0.59% | -0.94% | View data |
| 2 | 2 Sweden | 13.66 | 2023 | +1.65% | +2.41% | View data |
| 3 | 3 France | 10.26 | 2023 | +4.06% | -0.18% | View data |
| 4 | 4 Italy | 8.12 | 2023 | +3.69% | +0.47% | View data |
| 5 | 5 Netherlands | 7.81 | 2023 | +1.93% | +0.67% | View data |
| 6 | 6 Belgium | 5.75 | 2023 | +4.25% | -4.37% | View data |
| 7 | 7 United Kingdom | 5.04 | 2023 | -1.08% | -1.95% | View data |
| 8 | 8 Spain | 4.71 | 2023 | +4.45% | -0.39% | View data |
| 9 | 9 Poland | 3.64 | 2023 | +1.84% | +1.38% | View data |
| 10 | 10 Austria | 3.55 | 2023 | +1.24% | -0.067% | View data |
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