Germany emerged as the leader in European Non-Ferrous Metal imports with 15.25 million metric tons, witnessing a slight year-on-year decline of 0.79%. Spain and France followed, having imports of 9.92 and 5.76 million metric tons respectively, also experiencing minor reductions. Notably, Ireland, Poland, Greece, and Macedonia demonstrated significant year-on-year growth rates, with Greece showcasing the highest surge at 8.88%. Conversely, small European countries such as Slovenia and Malta recorded minimal volumes but remarkable year-on-year variations.
Over the last five years, trends reveal moderate annual growth in countries like Poland and Macedonia, which indicates robust industrial growth and metal consumption. Countries like Malta, though small in volume, showed a significant CAGR, suggesting emerging demand.
Future trends to watch in European non-ferrous metal imports include increased demand in emerging economies like Poland, Macedonia, and Malta. The industrial resurgence post-pandemic and sustainable development goals will likely drive moderate import growth in established markets like Germany and Spain. Attention should also be on geopolitical dynamics, which may influence trade routes and metal supply chains in the region.
Top countries in Non-Ferrous Metal Imports by Country
# | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Germany | 15,250 | 2023 | -0.37% | -0.79% | View data |
2 | 2 Spain | 9,920 | 2023 | +1.19% | -1.19% | View data |
3 | 3 France | 5,760 | 2023 | -0.36% | -1.43% | View data |
4 | 4 Norway | 5,300 | 2023 | +0.95% | +0.69% | View data |
5 | 5 Ireland | 5,060 | 2023 | +1.35% | +1.36% | View data |
6 | 6 Italy | 4,780 | 2023 | -0.24% | +0.12% | View data |
7 | 7 Netherlands | 4,550 | 2023 | +0.78% | +0.41% | View data |
8 | 8 Poland | 3,000 | 2023 | +2.86% | +2.05% | View data |
9 | 9 United Kingdom | 2,620 | 2023 | -0.13% | +0.96% | View data |
10 | 10 Belgium | 2,610 | 2023 | -0.48% | -1.2% | View data |