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Algeria's Iron Ore exports are set to reach $38.2 million by 2026, growing at an annual compound rate of 4.8%. This is an impressive increase of 267.2% since 1997. The country ranked 58th in 2021, with Croatia coming in ahead at $28.7 million. Brazil, Canada and South Africa were the top three countries in the rankings. Iron Ore imports to Algeria reached $856.1 million in 2017, up from $511.9 million in 2016 - a year-on-year increase of 67.2%. This is a decrease of 23.1% since 1997.
Algeria Iron Ore Market Data and Forecasts
How much will Algeria Iron Ore Market grow to 2026?More in Iron Ore Industry for 2027
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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