In 2023, Indonesia leads the global export of alloy pig iron, capturing the largest share, followed by France and Russia. Notable growth is seen in Indonesia with a 14.79% increase, while Switzerland shows an exceptional 49.32% rise. Meanwhile, Italy and the United Kingdom experienced significant declines. The high rates of increase in various smaller markets, such as Greece and Thailand, suggest shifting dynamics, with potential new players emerging.
Future trends to watch include the continued expansion of Indonesia's share, potential market volatility in France and Russia, and emerging growth in smaller markets like Switzerland and Greece, aiming for increased market penetration.
Top countries in Export of Alloy Pig Iron Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Indonesia | 46.74 | 2023 | +2.49% | +14.79% | View data |
| 2 | 2 France | 30.49 | 2023 | +4.84% | +2.87% | View data |
| 3 | 3 Russia | 14.72 | 2023 | +2.04% | +3.86% | View data |
| 4 | 4 Netherlands | 2.78 | 2023 | +4.25% | -1.22% | View data |
| 5 | 5 Spain | 2.43 | 2023 | +0.38% | -0.79% | View data |
| 6 | 6 Egypt | 2.42 | 2023 | +6.56% | +1.28% | View data |
| 7 | 7 Bulgaria | 0.84 | 2023 | +5.96% | +6.84% | View data |
| 8 | 8 South Africa | 0.73 | 2023 | +3.92% | -0.7% | View data |
| 9 | 9 Malaysia | 0.55 | 2023 | +4.3% | +1.95% | View data |
| 10 | 10 Colombia | 0.33 | 2023 | +4.95% | +9.44% | View data |
