In 2023, Sweden dominated the European iron domestic extraction with a share of 80.22 thousand metric tons, showcasing a modest growth of 2.14% from the previous year. Austria and Norway followed with shares of 9.32 and 4.1 thousand metric tons respectively, both exhibiting significant increases of 6.52% and 2.44%. Germany, despite its smaller share of 1.25 thousand metric tons, saw a notable 3.56% rise. Over the past five years, these variations highlight a consistent annual growth rate, particularly in Austria and Albania, indicating a stable upward trend in domestic extraction across most countries.
Future trends to watch include the potential for technological advancements and investments in mining processes, which could enhance extraction capacities. Additionally, geopolitical developments may influence resource availability and trade, potentially reshaping domestic and regional extraction dynamics.
Top countries in Iron Domestic Extraction Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Sweden | 80.22 | 2023 | +2.08% | +2.14% | View data |
| 2 | 2 Austria | 9.32 | 2023 | +2.6% | +6.52% | View data |
| 3 | 3 Norway | 4.1 | 2023 | +12.56% | +2.44% | View data |
| 4 | 4 Bosnia and Herzegovina | 3.58 | 2023 | +3.84% | +2.7% | View data |
| 5 | 5 Germany | 1.25 | 2023 | +2.72% | +3.56% | View data |
| 6 | 6 Albania | 1.03 | 2023 | +2.49% | +5.8% | View data |
| 7 | 7 Spain | 0.29 | 2021 | View data | ||
| 8 | 8 Portugal | 0.13 | 2023 | +29.44% | View data | |
| 9 | 9 France | 0.06 | 2023 | +11.11% | +5.08% | View data |
| 10 | 10 Italy | 0.044 | 2023 | +3.88% | View data |
