In 2023, Germany led the import market of granules and powders of pig iron, Spiegeleisen, and iron in Europe with 175.08 million kilograms but experienced a slight decrease of 1.5% year-on-year. Spain showed a robust increase of 5.69%, reaching 115.25 million kilograms, while Italy displayed marginal growth of 0.41%. Poland marked significant growth with a 15.01% increase, whereas France and Portugal faced declines of 3.65% and 4.93%, respectively. Other notable increases were seen in the Netherlands with 11.95% and Greece at 22.31%. The market varied across countries, influenced by economic and industrial factors.
Looking ahead, continued economic recovery and industrial demand will crucially influence imports across Europe. Key trends to watch include technological advancements in steel manufacturing and shifts towards sustainable production. Germany's established market leadership might continue, with Eastern European countries like Poland showing potential for significant growth. Additionally, fluctuation in raw material prices and geopolitical factors could impact import volumes.
Top countries in Import of Granules and Powders of Pig Iron, Spiegeleisen, Iron by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 175,080,000 | 2023 | +7.1% | -1.5% | View data |
| 2 | 2 Spain | 115,250,000 | 2023 | +15.05% | +5.69% | View data |
| 3 | 3 Italy | 88,801,000 | 2023 | -0.29% | +0.41% | View data |
| 4 | 4 Austria | 65,529,000 | 2023 | +0.99% | +4.48% | View data |
| 5 | 5 Poland | 65,428,000 | 2023 | +4.42% | +15.01% | View data |
| 6 | 6 Belgium | 44,851,000 | 2023 | +4.96% | -1.09% | View data |
| 7 | 7 Netherlands | 35,845,000 | 2023 | +6.6% | +11.95% | View data |
| 8 | 8 Czechia | 27,513,000 | 2023 | |||
| 9 | 9 France | 25,425,000 | 2023 | -0.96% | -3.65% | View data |
| 10 | 10 United Kingdom | 22,438,000 | 2023 | -0.83% | -0.25% | View data |
