The 2023 data highlights Sweden's dominance in metal ore consumption with 62.45 million metric tons, followed by Germany and Poland. Countries like Serbia and Denmark showed notable annual growth, while Hungary and Cyprus faced stark declines. Over the last five years, there has been a general uptrend in metal ore consumption driven by industrial demand, barring exceptions like Greece or Slovakia, which saw declines.
Looking ahead, factors such as green energy transitions, industrial demand shifts, and geopolitical stability will significantly influence metal ore consumption trends across Europe. Economies adapting to sustainable practices may see altered consumption patterns in upcoming years.
Top countries in Metal Ores Domestic Material Consumption by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Sweden | 62,450 | 2023 | +2.08% | +1.22% | View data |
2 | 2 Germany | 38,790 | 2023 | +4.1% | -1.8% | View data |
3 | 3 Poland | 36,400 | 2023 | -1.04% | -2.76% | View data |
4 | 4 Finland | 34,820 | 2023 | +27.76% | +0.85% | View data |
5 | 5 Bulgaria | 33,800 | 2023 | +1.33% | +0.7% | View data |
6 | 6 Spain | 33,130 | 2023 | +1.24% | -0.37% | View data |
7 | 7 Serbia | 25,500 | 2023 | +2.85% | +7.06% | View data |
8 | 8 France | 16,240 | 2023 | +0.34% | -4.4% | View data |
9 | 9 Italy | 15,380 | 2023 | -8.51% | -1.01% | View data |
10 | 10 Belgium | 13,560 | 2023 | -18.84% | View data |