Key Market Indicators
Slovenia's iron ore import is projected to decline from approximately $143,000 in 2023 to around $140,000 by 2028, marking an average yearly decrease of 0.4%. Despite this downward trend, the country's demand for iron ore has seen a consistent annual increase of 4% since 1999. In the global rankings for 2023, Slovenia stood at 54th place, with Barbados surpassing it with an import value of $143,000. Leading the ranks were Japan, South Korea, and Germany, occupying the second, third, and fourth positions, respectively. On the export front, Slovenia's iron ore shipments are expected to grow from about $13,500 in 2023 to nearly $14,600 by 2028, reflecting an average annual growth rate of 1.2%. However, since 1999, the country's iron ore supply has experienced a yearly decline of 2.6%. In 2023, Slovenia was positioned at 43rd place in the export rankings, with Italy moving ahead with an export value of $13,500. Dominating the top spots were Brazil, Canada, and South Africa, occupying the second, third, and fourth positions, respectively.
