Key Market Indicators
Kenya's imports of iron ore fell dramatically in 2018, going from $2,334,700 to just $440,350 - a drop of 81%. Since 1997, demand has increased 244%. Ireland topped the 2018 rankings, with Japan, South Korea and Germany coming in second, third and fourth respectively. Exports of iron ore from Kenya in 2018 increased dramatically, rising from $13,330 to $4,554,700 - an increase of 34,070%. Supply has grown 47.5% since 2007. Germany topped the 2018 rankings, with Brazil, Canada and South Africa coming in second, third and fourth respectively.
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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
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