# Obtained By Direct Reduction Of Iron buyer markets and demand...

Saudi Arabia is the largest reported buyer market in this view, with imports of $886.9M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Saudi Arabia | $886.9M | -0.4% | 21 | Oman |
| USA | $594.2M | -0.5% | 11 | Trinidad and Tobago |
| Nepal | $265.7M | +47.1% | 2 | India |
| Turkey | $254.6M | +16.6% | 9 | Russia |
| Oman | $252.6M | +10.5% | 10 | Pakistan |
| Italy | $225.1M | -8.8% | 18 | Russia |
| Germany | $171.7M | +9.2% | 28 | Russia |
| Viet Nam | $170.4M | +120.7% | 6 | Malaysia |
| India | $163.6M | +64.6% | 16 | Russia |
| Bangladesh | $121.8M | +4.8% | 2 | India |
| Kuwait | $107.4M | +7.6% | 7 | Qatar |
| Republic of Korea | $103.7M | -1.1% | 7 | Malaysia |
| Belarus | $98.7M | +3.1% | 1 | Russia |
| China | $96.1M | -24.1% | 10 | Iran |
| Spain | $77.1M | -3.3% | 20 | Russia |
| Belgium | $76.6M | -0.6% | 11 | Russia |
| France | $72.0M | -6.8% | 20 | Belgium |
| Poland | $67.8M | +240.7% | 7 | Russia |
| Egypt | $39.8M | +524% | 5 | Russia |
| Austria | $39.0M | -9.6% | 10 | USA |
| Kenya | $30.8M | +79.2% | 4 | Uganda |
| Bhutan | $27.7M | -8.4% | 1 | India |
| Mexico | $23.3M | -30.5% | 12 | USA |
| Uzbekistan | $22.9M | -19.9% | 2 | Russia |
| Portugal | $22.4M | -4.8% | 9 | Libya |
| Netherlands | $21.7M | +75.4% | 25 | USA |
| Azerbaijan | $20.9M | +115.4% | 2 | Russia |
| Indonesia | $20.4M | -10.4% | 9 | Malaysia |
| Georgia | $8.1M | +41.6% | 2 | Russia |
| Japan | $7.0M | +1.3% | 7 | China |
| Morocco | $6.9M | +29.6% | 3 | Libya |
| Pakistan | $6.2M | -8.1% | 5 | Oman |
| Canada | $6.1M | +25.9% | 11 | USA |
| Brazil | $5.8M | +322.4% | 4 | USA |
| Malaysia | $3.1M | -36.4% | 12 | Bahrain |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| USA | 2023 | $595.7M | $451.4 |
| Italy | 2023 | $333.6M | $385.34 |
| Nepal | 2023 | $308.7M | $365.84 |
| India | 2023 | $256.5M | $411.23 |
| Turkey | 2023 | $251.1M | $375.87 |
| Germany | 2023 | $220.9M | $276.01 |
| Kuwait | 2023 | $203.9M | $434.1 |
| Republic of Korea | 2023 | $159.2M | $438.77 |
| Bangladesh | 2023 | $154.6M | $403.3 |
| China | 2023 | $130.4M | $346.65 |
| Belgium | 2023 | $105.4M | $406.72 |
| Spain | 2023 | $101.6M | $399.76 |
| Uzbekistan | 2023 | $98.8M | $340.99 |
| France | 2023 | $94.6M | $422.28 |
| Austria | 2023 | $92.7M | $424 |
| Viet Nam | 2023 | $71.5M | $410.96 |
| Oman | 2023 | $52.4M | $379.56 |
| Japan | 2023 | $49.0M | $579.16 |
| Indonesia | 2023 | $43.8M | $185.4 |
| Portugal | 2023 | $40.9M | $354.31 |

_Source: reported merchandise trade data. Updated 2026-08-14._