Key Market Indicators
Macedonia is set to experience growth in both imports and exports of iron over the coming years. In 2021, the country ranked 27th in terms of iron imports, with 1.09 million metric tons. This is set to increase 1.4% year-on-year on average, reaching 1.19 million metric tons by 2026. Since 2015, Macedonian imports have grown 2.4% year-on-year. Croatia was ahead of Macedonia in 2021, with 1.09 million metric tons. Italy, France and the Netherlands were the top three countries in this ranking. Exports of iron from Macedonia are also expected to rise over the next five years. In 2021, the country ranked 27th, with 868.82 thousand metric tons. This is forecast to increase 1.1% year-on-year on average, reaching 927.1 thousand metric tons by 2026. Since 2015, Macedonian exports have grown 5.2% year-on-year. Latvia was ahead of Macedonia in 2021, with 868.82 thousand metric tons. Sweden, France and Italy were the top three countries in this ranking.
