In 2023, Sweden led European exports of iron ores and concentrates, accounting for 51.9%, closely followed by the Netherlands at 46.39%. Other notable contributors were Finland and Bulgaria with minimal shares under 1%. Sweden saw a modest 1.36% year-on-year increase, while other countries like Finland and Bulgaria marked significant year-on-year growth of over 6%. In contrast, countries such as Spain and Belgium experienced declines. The average five-year trend shows modest growth except for Belgium's sharp decrease and Denmark's complete exports cessation.
Future trends to observe include the potential for further consolidation of market share by top exporters like Sweden, sustained growth in emerging exporters such as Finland and Bulgaria, and the impact of regulatory changes and global market conditions on exports.
Top countries in Export of Iron Ores and Concentrates Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 51.9 | 2023 | +1.26% | +1.36% | View data |
| 2 | 2 Netherlands | 46.39 | 2023 | +0.86% | +0.063% | View data |
| 3 | 3 Finland | 0.57 | 2023 | +5.81% | +6.35% | View data |
| 4 | 4 Bulgaria | 0.53 | 2023 | +4.56% | +7.46% | View data |
| 5 | 5 Spain | 0.22 | 2023 | +1.39% | -6.37% | View data |
| 6 | 6 Germany | 0.12 | 2023 | +0.71% | +4.28% | View data |
| 7 | 7 Czechia | 0.079 | 2023 | |||
| 8 | 8 Hungary | 0.045 | 2023 | +1.24% | +3% | View data |
| 9 | 9 Poland | 0.036 | 2023 | -0.041% | -1.2% | View data |
| 10 | 10 Romania | 0.02 | 2023 | -16.73% | -20.07% | View data |
