Iron granules trade by country: top importers, exporters and prices
World trade in iron granules was worth $629.5 million in 2024, about 863.6 thousand tonnes. That is an increase of 18% since 2017, and down 2% on 2023.
Public statistics, latest complete year (2024). Values in US dollars. Page updated .
World trade by year, 2017-2024
Hover or tap a year for detail.
Year by year
| Year | Value | Quantity |
|---|---|---|
| 2024 | $629.5M | 863.6K t |
| 2023 | $639.9M | 794.2K t |
| 2022 | $763.2M | 1.04M t |
| 2021 | $695.8M | 841.9K t |
| 2020 | $544.9M | 779.3K t |
| 2019 | $597.5M | 729.2K t |
| 2018 | $561.3M | 581.0K t |
| 2017 | $535.4M | 868.3K t |
Top iron granules exporting countries
Exports are led by China (24%), Germany (17%) and France (11%). 87 countries reported exports, and the top three account for 52%.
| Exporter | Value | Share |
|---|---|---|
| China | $150.7M | 24% |
| Germany | $105.6M | 17% |
| France | $69.0M | 11% |
| United States | $34.6M | 5.5% |
| Thailand | $28.8M | 4.6% |
| Slovenia | $23.6M | 3.8% |
| Japan | $22.5M | 3.6% |
| Taiwan | $18.5M | 2.9% |
| Spain | $18.0M | 2.9% |
| Brazil | $17.0M | 2.7% |
| South Africa | $14.8M | 2.4% |
| Turkey | $14.1M | 2.2% |
Top importing countries and buyer markets
Italy is the biggest buyer with 7% of world imports, ahead of Malaysia and the Philippines. Demand is spread widely: the top three take 19% across 159 importing countries.
| Importer | Value | Share |
|---|---|---|
| Italy | $42.4M | 6.7% |
| Malaysia | $39.4M | 6.3% |
| Philippines | $39.2M | 6.2% |
| Mexico | $34.7M | 5.5% |
| Germany | $33.1M | 5.3% |
| Saudi Arabia | $32.5M | 5.2% |
| United States | $32.4M | 5.1% |
| India | $31.2M | 5% |
| South Korea | $25.7M | 4.1% |
| Poland | $23.5M | 3.7% |
| Czech Republic | $18.6M | 3% |
| France | $18.4M | 2.9% |
Average price per kg
The world average declared value was about $0.73 per kg in 2024. Among the main exporters, Japan averaged $2.06 per kg and Thailand $0.51 per kg, so grade and origin matter.
Declared value divided by weight, all 2024 shipments worldwide. Prices per shipment and per company are in EximDataX.
Related product types
Who is behind these numbers in this market?
The shipment records behind Iron granules (HS 7205.10) importers and exporters, worldwide: companies, dates, quantities and declared values.
Shipment records are in the platform
Tell us what you trade and we will show you the latest records on a live call.
Source: CEPII BACI (reconciled UN Comtrade data), HS 2017 edition, release 202601, Etalab Open Licence 2.0. Annual values in US dollars at the customs border; quantities in tonnes where reported. HS 7205.10: Iron or steel, pig iron, spiegeleisen: granules thereof. HS 7205 codes.
Common questions
Which countries export the most iron granules?
China exported $150.7 million in 2024, 24% of the world total, followed by Germany (17%) and France (11%). In all, 87 countries reported exports of this product. The full ranking and map are on this page.
Which countries import the most iron granules?
Italy imported $42.4 million in 2024, 7% of world imports, ahead of Malaysia (6%) and the Philippines (6%). The top three importers together take 19%. Each country with its own page is linked from the table.
How big is the world trade in iron granules?
It was worth $629.5 million in 2024, about 863.6 thousand tonnes. That is an increase of 18% since 2017. The peak year was 2022 at $763.2 million. 87 countries reported exports and 159 reported imports.
What is the average price of iron granules per kg?
The world average declared value was about $0.73 per kg in 2024. Among the main exporters, Japan averaged $2.06 per kg and Thailand $0.51 per kg, so grade and origin matter. It is total declared value divided by total weight, so treat it as a benchmark, not a quote.
What is the HS code for iron granules?
The HS code for iron granules is subheading 7205.10, in chapter 72 (iron and steel). The first six digits are the same in every country; national tariffs add more. The full list of codes is on the HS 7205 page.
How can I find iron granules buyers and suppliers?
Company names sit below these country totals: EximDataX reads the customs records shipment by shipment, with dates and values. We can show iron granules buyers and suppliers on a short call.
See what your buyers are buying.Then decide.
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