European iron imports show significant variance by country, with Germany leading at 77.64 million metric tons. Following Germany, Italy, France, Netherlands, and Spain also contribute heavily to total imports. Major variations were noted in 2023, including notable declines in the United Kingdom (-3.71%), Greece (-3.22%), Finland (-3.68%), and Belgium (-2.89%). Some countries, however, saw increase; for instance, Lithuania (7.99%), Croatia (8.27%), and Albania (8.07%) demonstrated the most substantial growth. Over the last five years, the average growth rate (CAGR) indicates a diverse trend of increases and decreases in iron imports.
Future trends to watch for in European iron imports include potential supply chain disruptions, changing political and economic policies across countries, and shifts towards sustainable material sourcing. Continued growth in smaller markets and emerging economies within Europe could also recalibrate the landscape of iron imports.
Top countries in Iron Imports by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 77,640 | 2023 | +3.47% | -0.24% | View data |
| 2 | 2 Italy | 38,220 | 2023 | +5.11% | -0.14% | View data |
| 3 | 3 France | 34,290 | 2023 | +4.09% | -0.8% | View data |
| 4 | 4 Netherlands | 23,230 | 2023 | +0.65% | -0.53% | View data |
| 5 | 5 Spain | 22,210 | 2023 | +5.57% | -1.66% | View data |
| 6 | 6 Belgium | 19,730 | 2023 | +2.66% | -2.89% | View data |
| 7 | 7 Poland | 19,490 | 2023 | +1.54% | -1.34% | View data |
| 8 | 8 Czech Republic | 14,190 | 2023 | +1.08% | -0.13% | View data |
| 9 | 9 Austria | 14,030 | 2023 | +1.96% | +0.14% | View data |
| 10 | 10 United Kingdom | 14,020 | 2023 | -2.94% | -3.71% | View data |