Global Iron Ore Trends in 2022
Iron Ore is part of Metals and includes a number of sub-sectors such as Seaborne Iron Ore. You may also be interested in Non-Ferrous Metal.
Global Iron Ore Export is set to reach $81,733,000,000 by 2026 from $91,726,000,000 in 2021, falling by 1.8% year on year CAGR. Since 2016, Global supply grew 5% year on year. In 2021, Australia ranked number 1 in Iron Ore Export with $50,564,000,000. Brazil, Canada and South Africa respectively were numbers 2, 3 and 4 in this ranking. Spain jumped by 303.1% year on year, while Azerbaijan decreased by 86.3% year on year since 2016.
Global Iron Ore Import is set to reach $95,829,000,000 by 2026 from $109,260,000,000 in 2021, falling by 2.1% year on year average rate. Since 2016, Global demand rose 5.1% year on year. With $78,829,000,000 in 2021, China was number 1 in Global Iron Ore Import. Japan, South Korea and Germany respectively ranked numbers 2, 3 and 4 in this ranking. Mongolia increased 496% year on year, while Iran decreased by 93.8% year on year since 2016.
Top 10 countries
In 2022 major markets in the Iron Ore Industry were:
Iron Ore Market Data and Forecasts
How much the Iron Ore industry is expected to grow to 2026?
More in Iron Ore Industry for 2026What are the world's biggest Iron Ore markets?
More in Iron Ore MarketGlobal Iron Ore Statistics
- Shipping Freight Volume 67 countries (Western Europe, Europe, Germany...)
- Number Of Enterprises 67 countries (Europe, Northern Europe, Southern Europe...)
- Iron Ore Production 42 countries (Europe, Western Europe, Germany...)
- Iron Ore Import 163 countries (Europe, Asia, Africa...)
- Iron Ore Export 128 countries (Europe, Eastern Europe, Southern Europe...)
- Iron Import 192 countries (Europe, Asia, Africa...)
- Labour Utilisation 97 countries (Europe, Northern Europe, Eastern Europe...)
- Iron Export 188 countries (Europe, Asia, Eastern Europe...)
- Metal Products Import 192 countries (Africa, Asia, Sub-Saharan Africa...)
- Number Of Employees 206 countries (Europe, Northern Europe, Southern Europe...)
