Key Market Indicators
Qatari iron ore imports are set to remain relatively unchanged over the next five years, projected to reach $561.5 million by 2026. Since 2005, demand has risen steadily, with an average annual increase of 8.4%. In 2021, Qatar ranked 22nd, behind Spain, Japan, South Korea, and Germany. Spain topped the list with $562.3 million in imports. Japan, South Korea, and Germany followed, respectively.