Key Market Indicators
Iron ore imports to Bahrain are forecast to reach nearly $769 million by 2026, up from $684 million in 2021. This is an average increase of 2% year on year. Since 2005, Bahraini demand has grown by 20.8% year on year. Bahrain came in 13th place in the 2021 ranking, with Belgium ahead in first place at $684 million. Japan, South Korea and Germany were respectively ranked 2nd, 3rd and 4th. Meanwhile, Bahraini iron ore exports are estimated to reach $1.1 billion by 2026, an increase from $1.01 billion in 2021. This is an average growth of 1.8% year on year. Since 2005, Bahraini supply has risen by 5.4% year on year. Iran took the lead in 2021, with exports of $1.01 billion. Brazil, Canada and South Africa were positions 2nd, 3rd and 4th respectively.
Bahrain Iron Ore Market Data and Forecasts
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