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Latvia Iron Ore Industry Outlook 2022 - 2026

See how Latvia Iron Ore performed compared to key markets such as China, Japan and South Korea.

Key Market Indicators

Latvian iron ore imports are expected to drop to roughly $37,000 by 2026, down 20 percent from 2021's total of $131,400. Since 1999, the demand for these imports has decreased by an average of 4.7 percent each year. In 2021, Latvia was ranked 69th in the world, with Barbados coming in ahead at $131,400. Japan, South Korea, and Germany followed in second, third, and fourth places, respectively.

Latvia Iron Ore Market Data and Forecasts

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