In 2024, Iceland leads European non-ferrous metal imports at 4.3 metric tons per capita, despite a -2.61% year-on-year decline from 2023. Significant growth was noted in Malta (14.87%), Albania (7.78%), and Macedonia (9.49%). In contrast, Cyprus (-3.87%) and Spain (-2.04%) experienced notable declines. While Finland exhibited a modest increase of 0.68%, Germany saw a slight decrease of -0.32%. The 5-year CAGR indicates a variable trend across countries, reflecting diverse economic and industrial factors influencing non-ferrous metal demand.
Future Trends to Watch
Moving forward, the European non-ferrous metal market is anticipated to be influenced by the ongoing transition to green energy and the circular economy. Increased investments in renewable energy infrastructure and electric vehicles will likely drive the demand for metals like aluminum, copper, and lithium. Additionally, the development of recycling capabilities and policies aimed at reducing the environmental impact of metal production will play a crucial role in shaping import patterns.
Top countries in Non-Ferrous Metal Imports by Country
| # | 10 Countries | Metric Tons Per Capita | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 4.3 | 2023 | +1.97% | -2.61% | View data |
| 2 | 2 Ireland | 0.97 | 2023 | 0% | -0.021% | View data |
| 3 | 3 Norway | 0.96 | 2023 | +0.1% | +0.021% | View data |
| 4 | 4 Macedonia | 0.73 | 2023 | +1.1% | +9.49% | View data |
| 5 | 5 Slovenia | 0.47 | 2023 | +1.52% | +0.17% | View data |
| 6 | 6 Luxembourg | 0.32 | 2023 | -5.56% | -2.25% | View data |
| 7 | 7 Finland | 0.3 | 2023 | -0.66% | +0.68% | View data |
| 8 | 8 Netherlands | 0.25 | 2023 | 0% | -0.7% | View data |
| 9 | 9 Bulgaria | 0.23 | 2023 | +1.77% | -0.51% | View data |
| 10 | 10 Belgium | 0.22 | 2023 | 0% | -1.53% | View data |
