Key Market Indicators
Croatia's iron ore imports dropped to approximately $56,600 in 2023, marking a 16.5% decrease from the $67,800 recorded in 2022. This decline highlights a longstanding trend, as the country's demand for iron ore has fallen by an average of 16.8% annually since 1997. In the global rankings for 2023, Croatia placed 60th in iron ore imports, with Cyprus slightly ahead at the same value of $56,600. Leading the list were Japan, South Korea, and Germany, occupying the second, third, and fourth spots, respectively.