Key Market Indicators
Egypt's iron ore export is projected to decline by 1% year-on-year, on average, to reach $575 million by 2026. Since 2003, the country's supplies have risen by 3% annually. In 2021, Egypt ranked 46th, being overtaken by Romania, whose exports amounted to $610 million. Brazil, Canada and South Africa were the next three countries in the ranking. Meanwhile, the country's iron ore imports are expected to grow 3.5% year-on-year, CAGR, to reach $1.3 billion by 2026. Since 1999, Egypt's demand for this mineral has risen by almost 37%. In 2021, Malaysia overtook the country, with imports of $1.1 billion. Japan, South Korea and Germany were the next three countries in the ranking.
Egypt Iron Ore Market Data and Forecasts
How much will Egypt Iron Ore Market grow to 2026?
More in Iron Ore Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Exploring Dynamics in the Global Ore Trade: Imports, Exports and their Impacts
China’s economic and infrastructural expansion has greatly influenced its commodities market, including ore trade. This sector has witnessed an increase in both imports and exports, signaling a robust demand for base and precious metals and expanding supply capabilities. However, the disproportionality between the two is worthy of note, with imports...
Read more -
Iron Ore Pellets: Unraveling Industry Trends and Growth Opportunities Across Markets
Several dynamics are driving increased interest in the iron ore pellets industry. Predominantly, decarbonization efforts and stricter environmental regulations have stimulated demand for high-grade iron ore pellets in steelmaking, as they yield fewer emissions compared to low-grade ores. Moreover, developing economies infrastructure expansion - particularly in Asia, chiefly China and...
Read more