Key Market Indicators
In 2018, Austria's iron ore imports plummeted to $1,960 from a staggering $810 million in 2017, marking a dramatic 100% decrease compared to the previous year. This significant drop continues a long-term trend, with Austrian demand for iron ore falling by 93.1% annually since 1999. On the export side, Austria saw a decline as well. Iron ore exports in 2018 were valued at $700, down from $830 in 2017, representing a 15.8% decrease year over year. This decline is part of a broader pattern, with Austrian iron ore supply shrinking by 73.4% annually since 1999.