In 2023, Germany led European imports of compounds of rare-earth metals, yttrium, or scandium, with a notable 1.31% increase in volume. Among significant importers, Poland saw the highest growth, rising by 3.21%, while Austria's imports surged impressively by 57.47%. Conversely, countries like the Netherlands and Belgium experienced sharp declines of over 10%. The UK and Italy also saw reductions in import volumes, indicating possible shifts in sourcing strategies or demand.
Looking ahead, European imports of these compounds might be influenced by the growing push towards green technologies, which heavily rely on rare-earth elements. Supply chain diversification and increased investment in recycling could alter import patterns, emphasizing the need for countries to secure sustainable sources. Economic factors and trade policies will also play key roles in shaping future trends.
Top countries in Import of Compounds of Rare-Earth Metals of Yttrium or of Scandium or Mixtures of These Metals by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 10,034,000 | 2023 | +1.36% | +1.31% | View data |
| 2 | 2 Estonia | 5,408,500 | 2023 | +1.2% | +1.17% | View data |
| 3 | 3 Poland | 1,610,400 | 2023 | +5.91% | +3.21% | View data |
| 4 | 4 United Kingdom | 887,100 | 2023 | -5.11% | -1.07% | View data |
| 5 | 5 Spain | 533,040 | 2023 | -1.69% | +0.29% | View data |
| 6 | 6 Netherlands | 483,830 | 2023 | -13.9% | -10.09% | View data |
| 7 | 7 Italy | 307,630 | 2023 | -7.6% | -5.08% | View data |
| 8 | 8 Czechia | 197,300 | 2023 | |||
| 9 | 9 Belgium | 150,430 | 2023 | -11.21% | -10.12% | View data |
| 10 | 10 Austria | 128,790 | 2023 | -47.37% | +57.47% | View data |
