The analysis of the European Bauxite Trade Balance by Country shows Germany leading with 5.33 million metric tons, followed by Spain and Ireland at 3.91 and 3.07 million metric tons, respectively. Significant positive year-on-year variations in 2023 are noted in Luxembourg (18.91%), Finland (4.22%), and Malta (18.21%). Conversely, Belgium experienced a substantial decline of 8.28%, with Austria (-6.56%) and France (-2.23%) also witnessing decreases. Among the major economies, Germany showed a 1.96% increase, while the United Kingdom marked a 5.73% rise. Notably, some countries like Latvia and Greece had negative trade balances.
Future trends to watch include the potential impacts of geopolitical shifts, changes in industrial demand, and advancements in recycling technology which could influence the trade dynamics. Focus should be given to Germany's and Spain's trade policies, as their market performances significantly impact the broader European landscape.
Top countries in Bauxite Trade Balance by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 5,330 | 2023 | +1.45% | +1.96% | View data |
| 2 | 2 Spain | 3,910 | 2023 | +1.04% | +0.93% | View data |
| 3 | 3 Ireland | 3,070 | 2023 | +1.72% | +1.77% | View data |
| 4 | 4 France | 1,720 | 2023 | -0.066% | -2.23% | View data |
| 5 | 5 Norway | 1,270 | 2023 | +0.56% | +1.48% | View data |
| 6 | 6 Italy | 1,260 | 2023 | +0.72% | -1.78% | View data |
| 7 | 7 Poland | 786.97 | 2023 | +2.59% | -1.87% | View data |
| 8 | 8 Iceland | 781.68 | 2023 | +4.7% | -1.38% | View data |
| 9 | 9 Czech Republic | 574.23 | 2023 | +7.66% | -0.32% | View data |
| 10 | 10 Netherlands | 434.25 | 2023 | -1.03% | +9.93% | View data |