The top 20 global importers’ total volumes were at 246 mnt, y-o-y up 14% against 215 mnt in 2020. The EU was the top importer with 34 mnt (32 mnt), inching up 4% y-o-y. However, this volume does not include the Europe intra-trade but only the seaborne component. The US was the second-highest, at 25.31 mnt (16.69 mnt), up 52% y-o-y. In third spot was Italy with 17.05 mnt (13.05 mnt), rising 31% y-o-y. China was in the eight spot with a 31% y-o-y drop to 11.97 mnt (17.35 mnt) as its carbon goals and energy crisis restricted production.
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