Key Market Indicators
Iceland's iron import is projected to reach just over 102,000 metric tons by 2026, up from nearly 100,000 metric tons in 2021. On average, demand has grown by 0.4% annually since 1995. In 2021, the country ranked 33rd in this category, with Cyprus surpassing it at 99,960 metric tons. Italy, France, and the Netherlands placed second, third, and fourth, respectively, in this ranking. Iceland's iron export is expected to drop to around 115,000 metric tons by 2026, down from 118,000 metric tons in 2021. On average, supply has decreased by 2.8% year on year since 1995. In 2021, the country ranked 32nd in this category, with Albania surpassing it at 118,460 metric tons. Sweden, France, and Italy placed second, third, and fourth, respectively, in this ranking.