Key Market Indicators
Spain's iron exports are expected to reach 12.2 million metric tons by 2026, a 0.8% year-over-year growth since 2021, when it reached 11.63 million metric tons. Since 2000, Spanish supply of iron has increased by 2.5% each year. In 2021, the United Kingdom was the leading exporter of iron, outpacing Spain. Sweden, France, and Italy took the next three spots in this ranking. Spain's iron imports are set to reach 22.32 million metric tons by 2026, a 0% year-over-year decline since 2021, when it reached 22.37 million metric tons. Since 2000, Spanish demand for iron has grown by 1.7% each year. In 2021, the Netherlands was the leading importer of iron, surpassing Spain. Italy, France, and the Netherlands were the next three countries in this ranking.