Key Market Indicators
Irish imports of iron ore are expected to reach $561,670 by 2026, growing at a rate of 0.8% year-on-year. Since 1997, Ireland has seen a 4.1% drop in demand year-on-year. In 2021, Ireland ranked 58th, with Kuwait leading at $535,790. Japan, South Korea and Germany came in second, third and fourth respectively in the same ranking. In 2018, Ireland's iron ore exports totaled $61, up 17.3% from $52 in 2017. The country came in at 74th place, with Azerbaijan leading at $61. Brazil, Canada and South Africa were second, third and fourth respectively in the same ranking.
Ireland Iron Ore Market Data and Forecasts
How much will Ireland 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