In 2023, Iceland, Macedonia, and Ireland led the European non-ferrous metal trade balance per capita, showing significantly positive metrics. Notable year-on-year changes included Luxembourg's sharp increase and Macedonia's expansion. In contrast, Belgium and Bulgaria saw declines, while Sweden and Portugal showed minor negative balances. Over the last five years, a steady, albeit moderate, CAGR suggested consistent growth, with variances due to fluctuating market demand and geopolitical influences.
Looking forward, anticipation of greater global energy demands may spur increased non-ferrous metal production and exports, particularly from resource-rich regions, boosting trade balances. Automation and green technologies could influence trade activities, targeting efficiency enhancements. Watch for developments in trade policies affecting export dynamics within and beyond Europe.
Top countries in Non-Ferrous Metal Trade Balance by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 2.06 | 2023 | +5% | -2.89% | View data |
| 2 | 2 Macedonia | 0.66 | 2023 | +1.7% | +10.94% | View data |
| 3 | 3 Ireland | 0.54 | 2023 | +1.5% | +1.07% | View data |
| 4 | 4 Norway | 0.47 | 2023 | +3.29% | -0.042% | View data |
| 5 | 5 Slovenia | 0.19 | 2023 | +4.42% | +0.87% | View data |
| 6 | 6 Finland | 0.12 | 2023 | -5.74% | +0.53% | View data |
| 7 | 7 Czech Republic | 0.11 | 2023 | +10.89% | +4.47% | View data |
| 8 | 8 Spain | 0.11 | 2023 | 0% | -1.71% | View data |
| 9 | 9 Slovakia | 0.1 | 2023 | +2.04% | +7.09% | View data |
| 10 | 10 Germany | 0.1 | 2023 | 0% | -0.78% | View data |
