Key Market Indicators
Malaysia's iron ore imports are expected to hit around $1.4 billion by 2026, up 3.4% year-on-year from $1.1 billion in 2021. Since 1994, there has been an 8.5% year-on-year increase in demand. In 2021, Malaysia was the 6th highest importer, behind France with $1.1 billion. Japan, South Korea and Germany ranked 2nd, 3rd and 4th respectively. Malaysia's iron ore exports are projected to reach $1.3 billion by 2026, at an average year-on-year growth rate of 3.8%. Since 1994, there has been a 5% year-on-year rise in exports. In 2021, Malaysia was the 8th largest exporter, with Bahrain leading at $1.04 billion. Brazil, Canada and South Africa ranked 2nd, 3rd and 4th respectively.
Malaysia Iron Ore Market Data and Forecasts
How much will Malaysia Iron Ore Market grow to 2026?
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