Key Market Indicators
Serbian iron exports are predicted to reach two million metric tons by 2026, up from 1.8 million tons in 2021. This is an average annual growth rate of 1.4%. Since 2006, exports have increased by nearly 10% each year. Serbia was in 21st place in the 2021 ranking, just behind Bulgaria's 1.8 million tons. Sweden, France, and Italy were the top three in the ranking. Serbian iron imports are expected to reach 4.5 million metric tons by 2026, up from 3.8 million tons in 2021. This is an average annual growth rate of 2.8%. Since 2006, demand has grown by 7.2% each year. Serbia was in 17th place in the 2021 ranking, just behind Sweden's 3.8 million tons. Italy, France, and the Netherlands were the top three in the ranking.