Key Market Indicators
Morocco's imports of iron ore are expected to reach $142,820 in 2026, an increase of 1.8% year-on-year since 2021. Since 1998, demand for the mineral has grown by 35% annually. Morocco was the 70th largest importer of iron ore in 2021, with Tunisia ahead at $128,160. Japan, South Korea and Germany were the second, third and fourth largest importers respectively. Meanwhile, exports of iron ore from Morocco were close to $260,920 in 2021, down 21.7% from $333,360 in 2020. Since 1998, supply has decreased by 30.5% year-on-year. In 2021, Morocco was the 50th largest exporter of iron ore, with Uganda ahead at $260,920. Brazil, Canada and South Africa were the second, third and fourth largest exporters respectively.
Morocco Iron Ore Market Data and Forecasts
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