# Spongy Ferrous Products And Iron Hav buyer markets and demand...

Mexico is the largest reported buyer market in this view, with imports of $109.5M.

## Buyer market evidence

| Buyer market | Latest imports | 5-year growth | Suppliers | Leading supplier |
| --- | --- | --- | --- | --- |
| Mexico | $109.5M | +18.4% | 14 | USA |
| Austria | $77.5M | +523.2% | 13 | USA |
| Afghanistan | $50.1M | +472.4% | 12 | Iran |
| Turkey | $45.4M | +3.7% | 6 | USA |
| Indonesia | $19.3M | +29.1% | 9 | Malaysia |
| Italy | $16.6M | +61.8% | 21 | USA |
| France | $13.1M | +23.2% | 18 | USA |
| Saudi Arabia | $13.1M | -30.4% | 5 | India |
| Slovenia | $11.0M | +19.7% | 9 | USA |
| Belgium | $10.5M | +36.6% | 7 | France |
| Brazil | $8.6M | +69.2% | 5 | USA |
| USA | $7.8M | -2.9% | 15 | Japan |
| Sweden | $5.4M | +129.8% | 7 | USA |
| Germany | $3.5M | -5.2% | 20 | Netherlands |
| Canada | $3.5M | +102.9% | 13 | USA |
| Republic of Korea | $3.4M | +5% | 8 | China |
| Greece | $3.0M | +11.7% | 6 | Libya |
| Malaysia | $2.6M | +17.3% | 21 | China |
| Netherlands | $2.2M | -32.5% | 17 | France |
| Poland | $2.0M | +17.7% | 11 | France |
| Russia | $1.9M | +304.7% | 5 | Kazakhstan |
| United Kingdom | $1.4M | -8.2% | 15 | Japan |
| Egypt | $1.3M | +208.8% | 3 | USA |
| Thailand | $1.2M | +164.5% | 7 | China |
| Viet Nam | $965.9K | +26.4% | 3 | China |
| Japan | $837.4K | +48.5% | 7 | Republic of Korea |
| Georgia | $817.9K | +64% | 2 | Kazakhstan |
| Oman | $806.1K | -49.5% | 3 | United Arab Emirates |
| Denmark | $801.1K | +13.6% | 14 | Poland |
| Bahrain | $594.7K | +26.4% | 2 | China |
| Taiwan | $567.2K | +45.4% | 7 | China |
| Spain | $497.9K | -45.9% | 13 | France |
| Uzbekistan | $492.3K | +56% | 2 | Kazakhstan |
| Philippines | $392.2K | +109.7% | 4 | China |
| United Arab Emirates | $325.4K | -41.4% | 7 | China |

## Buyer market price evidence

| Buyer market | Year | Trade value | USD per ton |
| --- | --- | --- | --- |
| Mexico | 2023 | $147.4M | $400.65 |
| Italy | 2023 | $31.1M | $409.89 |
| Saudi Arabia | 2023 | $28.7M | $2,401.88 |
| Turkey | 2023 | $25.1M | $404.02 |
| Brazil | 2023 | $23.1M | $504.6 |
| Belgium | 2023 | $22.1M | $522.58 |
| Greece | 2023 | $14.2M | $433.1 |
| Indonesia | 2023 | $10.5M | $476.95 |
| France | 2023 | $9.1M | $1,574.43 |
| Japan | 2023 | $7.3M | $470.3 |
| Republic of Korea | 2023 | $5.5M | $885.62 |
| Pakistan | 2023 | $5.4M | $611.31 |
| USA | 2023 | $5.0M | $2,324.89 |
| Netherlands | 2023 | $4.4M | $3,122.11 |
| Malaysia | 2023 | $3.2M | $1,577.52 |
| Egypt | 2023 | $2.0M | $2,399.9 |
| Zambia | 2023 | $1.5M | $304.72 |
| Poland | 2023 | $1.5M | $2,697.41 |
| Mauritius | 2023 | $1.4M | $688.23 |
| Germany | 2023 | $1.3M | $3,152.75 |

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