According to GlobalData, Iran is the world’s sixth-largest producer of iron ore in 2023, with output down by 1.59% on 2022. Over the five years to 2022, production from Iran increased by a CAGR of 22% and is expected to rise by a CAGR of 0.13% between 2023 and 2027. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Global iron ore mining to 2030 report. Buy the report here.
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Iran accounts for 3% of global production, with the largest producers being Australia, Brazil, China and India. Exports of iron ore from Iran declined by 1.57% in 2023 over 2022, with the highest share being exported to China. Iran’s iron ore exports are expected to grow at a CAGR of 0.13% between 2023 and 2027.
For more detailed analysis of global iron ore mining, buy the report here.
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