Forecast: Import of Agglomerated Iron Ore and Concentrate to Germany

In 2023, Germany's imports of agglomerated iron ore and concentrate were recorded at 16.89 billion kilograms. Forecasts indicate a steady increase in import volume to 18.067 billion kilograms by 2028. Year-on-year growth rates from 2023 to 2028 show a gradual increase, averaging around 1.9% annually throughout the five-year period, reflecting a consistent market demand.

Future trends to watch:

  • Emerging technology in ore processing may influence sourcing preferences and import volumes.
  • Sustainability measures within the steelmaking industry could impact demand for traditional iron ore sources.
  • Global economic fluctuations and trade policies may alter supply chain dynamics affecting import levels.

Top Countries about Iron Ore