In 2023, Germany remained the leading exporter of granules of pig iron or spiegeleisen, although experiencing a marginal decline by 1.05%. China and the United States showed moderate growth at 2.08% and 1.55%, respectively. Significant increases in Denmark (37.82%) and Greece (88.16%) indicate a potential strategic expansion or increased demand. South Korea and Poland had notable growth rates of 3.52% and 3.58%, highlighting their expanding roles. Conversely, Brazil and the United Kingdom faced significant decreases, especially the UK with a steep 14.16% reduction, affecting its market position.
Future trends to watch include the rising roles of smaller players like Denmark and Greece due to their surprising recent growth, suggesting possible future market leaders. Observing these shifts, countries increasing investments or technological advancements might significantly alter the competitive landscape.
Top countries in Export of Granules of Pig Iron or Spiegeleisen Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 24.29 | 2023 | +0.54% | -1.05% | View data |
| 2 | 2 China | 18.65 | 2023 | +3.57% | +2.08% | View data |
| 3 | 3 United States | 13.09 | 2023 | +0.95% | +1.55% | View data |
| 4 | 4 Slovenia | 7.65 | 2023 | +2.21% | +1.31% | View data |
| 5 | 5 South Korea | 5.14 | 2023 | +2.04% | +3.52% | View data |
| 6 | 6 Thailand | 4.06 | 2023 | -1.31% | -2.58% | View data |
| 7 | 7 South Africa | 3.12 | 2023 | -2.25% | -3.65% | View data |
| 8 | 8 India | 2.87 | 2023 | +5.72% | +2.79% | View data |
| 9 | 9 Russia | 2.67 | 2023 | +3.72% | +1.51% | View data |
| 10 | 10 Japan | 2.45 | 2023 | +1.53% | -1.8% | View data |
