Germany Iron Ore Industry Outlook 2022 - 2026

Key Market Indicators

German iron ore exports are projected to hit $5.3 billion by 2026, up 0.6% year on year on average. Since 1996, German supply has declined by 1.3% a year. In 2021, Germany was in 31st place, behind Pakistan, who exported $5.1 billion. Brazil, Canada, and South Africa followed in second, third and fourth places respectively. Meanwhile, German iron ore imports are set to total $3.5 billion in 2026, a 0.2% decrease year on year. Demand has risen 6.2% a year since 1996. In 2021, Germany was in fourth place, behind South Korea, who imported $3.5 billion. Japan, South Korea and Germany were in second, third and fourth places respectively.

Germany Iron Ore Market Data and Forecasts

Improve 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...

  Discover more insights

• 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...

  Discover more insights