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Latvia Iron Industry Outlook 2022 - 2026

See how Latvia Iron performed compared to key markets such as Germany, Sweden and France.

Key Market Indicators

Latvia's iron exports are projected to reach 920 thousand metric tons by 2026, down 0.7% from 2021. Since 2000, Latvia's iron exports have grown by 1.4% each year. In 2021, Latvia took the 26th spot in the rankings, with Lithuania overtaking at 960 thousand metric tons. Sweden, France and Italy came in at 2nd, 3rd and 4th respectively. Latvia's iron imports are expected to reach 1,010 thousand metric tons by 2026, with no change from 2021. Since 2000, Latvia's iron imports have decreased by 0.3% each year. In 2021, Latvia was 28th in the rankings, with Macedonia overtaking at 1,020 thousand metric tons. Italy, France and the Netherlands took 2nd, 3rd and 4th place respectively.

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