Key Market Indicators
Burmese iron ore imports are set to grow 1.1% annually to reach $43,830 by 2026. In 2021, the country was ranked 80th with imports of $41,020. Greece overtook it that year. Japan, South Korea and Germany took the second, third and fourth spots, respectively. Burmese iron ore exports were $551,330 in 2018, a decrease of 16.9% from the previous year's $663,680. In 2018, the country was ranked 47th, with Zimbabwe coming in first with exports of $551,330. Brazil, Canada and South Africa were the second, third and fourth largest exporters, respectively.
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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...Read more
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...Read more