In 2023, Germany led global exports of granules of pig iron or spiegeleisen, despite a slight 1.05% decline, with China and the United States following. China's exports grew by 2.08%, while the U.S. experienced a 1.55% increase. Notable growth occurred in Denmark (37.82%) and New Zealand (42.19%), while the UK and Spain saw significant declines. Other emerging exporters included Greece (88.16%) and Argentina (48.23%), whereas Finland experienced a steep decline of 55.99%.
Future trends to watch include potential increases from countries experiencing rapid growth like Greece, Argentina, and New Zealand, while established markets like Germany and China strive to maintain their leading positions amidst market shifts and fluctuating demand. Technological advancements and environmental regulations could further influence export dynamics in the coming years.
Top countries in Export of Granules of Pig Iron or Spiegeleisen by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 90,494,000 | 2023 | +0.54% | -1.05% | View data |
| 2 | 2 China | 69,482,000 | 2023 | +3.57% | +2.08% | View data |
| 3 | 3 United States | 48,778,000 | 2023 | +0.95% | +1.55% | View data |
| 4 | 4 Slovenia | 28,492,000 | 2023 | +2.21% | +1.31% | View data |
| 5 | 5 South Korea | 19,131,000 | 2023 | +2.04% | +3.52% | View data |
| 6 | 6 Thailand | 15,128,000 | 2023 | -1.31% | -2.58% | View data |
| 7 | 7 South Africa | 11,632,000 | 2023 | -2.25% | -3.65% | View data |
| 8 | 8 India | 10,699,000 | 2023 | +5.72% | +2.79% | View data |
| 9 | 9 Russia | 9,949,100 | 2023 | +3.72% | +1.51% | View data |
| 10 | 10 Japan | 9,117,700 | 2023 | +1.53% | -1.8% | View data |
