In 2023, Sweden imported 266.42 million kilograms of iron ore. Forecasted figures indicate a steady annual increase with values of 277.56 million kilograms for 2024, 289.55 million kilograms for 2025, 301.31 million kilograms for 2026, 312.82 million kilograms for 2027, and 324.11 million kilograms for 2028. Year-on-year variations show the following increases: 4.17% from 2023 to 2024, 4.32% from 2024 to 2025, 4.06% from 2025 to 2026, 3.83% from 2026 to 2027, and 3.60% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year period is approximately 4%.
Future trends to watch for include potential shifts in global demand, price fluctuations due to geopolitical factors, advancements in mining technologies, and environmental regulations that might affect the iron ore import volume. Monitoring these factors will be crucial for anticipating deviations from the forecasted growth trajectory.
