Key Market Indicators
Malta's iron ore imports are projected to reach approximately $31,800 by 2028, up from around $23,900 in 2023. This represents a compound annual growth rate (CAGR) of 4.5%. Since 1999, the demand for iron ore in Malta has seen a steady increase of 1% annually. In 2023, Malta was ranked 65th in the world for iron ore imports, with El Salvador narrowly ahead at the same figure of $23,900. Leading the global rankings, Japan, South Korea, and Germany occupied the second, third, and fourth spots respectively.
