In 2023, Sweden led global exports of granules and powders of pig iron, iron, or steel with a share value of 24.76%. The United States, Japan, and Germany each maintained significant positions, close to 11% of the export market. China, Belgium, and Romania also featured prominently, collectively accounting for approximately 17%. Besides, significant growth over the last year was notable for Bulgaria at 19.0% and New Zealand at 42.19%, while countries like Chile and Oman experienced sharp declines of 20.01% and 16.48% respectively.
Looking forward, industry players need to monitor the impact of geopolitical factors, advancements in material science, and environmental regulations, which could reshape market shares and accelerate transformation in global trade dynamics.
Top countries in Export of Granules and Powders of Pig Iron, Iron or Steel Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 24.76 | 2023 | +2.94% | +2.99% | View data |
| 2 | 2 United States | 11.94 | 2023 | +2.18% | +1.64% | View data |
| 3 | 3 Japan | 11.11 | 2023 | +2.39% | +0.44% | View data |
| 4 | 4 Germany | 11.06 | 2023 | +2.48% | +1.66% | View data |
| 5 | 5 China | 7.39 | 2023 | +3.61% | +2% | View data |
| 6 | 6 Belgium | 5.57 | 2023 | +2.85% | +2.1% | View data |
| 7 | 7 Romania | 4.6 | 2023 | +4.04% | +3.43% | View data |
| 8 | 8 Canada | 3.96 | 2023 | +0.31% | -2.33% | View data |
| 9 | 9 United Kingdom | 3.55 | 2023 | +0.85% | -0.19% | View data |
| 10 | 10 South Korea | 2.54 | 2023 | +3.74% | +3.43% | View data |
