Key Market Indicators
Bulgarian iron ore export is expected to reach around $7 million by 2026, a slight drop from 2021's $7 million. The country has seen a 6.5% increase in supply since 2001. In 2021, the Netherlands overtook Bulgaria as the top exporter, with Brazil, Canada, and South Africa coming in at numbers two, three, and four. Meanwhile, Bulgarian iron ore import saw a dramatic decrease from 2017 to 2018, dropping from $1 million to $246,000. This 24.1% decrease since 2001 was enough for Portugal to overtake Bulgaria as the top importer, with Japan, South Korea, and Germany ranking second, third, and fourth.
Bulgaria Iron Ore Market Data and Forecasts
How much will Bulgaria Iron Ore Market grow to 2026?
More in Iron Ore Industry for 2028Improve 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