According to GlobalData, China is the world’s fourth-largest producer of iron ore in 2022, with output down by 6.94% on 2021. Over the five years to 2021, production from China increased by a CAGR of 23% and is expected to drop by a CAGR of 3.18% between 2022 and 2026. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global Iron Ore Mining to 2026 report. Buy the report here.
China accounts for 10% of global production, with the largest producers being Australia, Brazil, India and Russia. Exports of iron ore from China increased by 5% in 2022 over 2021, with the highest share being exported to Japan. China’s iron ore exports are expected to drop at a CAGR of 0.34% between 2022 and 2026.
For more detailed analysis of global iron ore mining, buy the report here.
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