According to GlobalData, Sweden is the world’s eleventh-largest producer of iron ore, with output of 28Mt in 2022, up by 5% on 2021. Over the five years to 2021, production from Sweden decreased by a CAGR of 0.46% and is expected to rise by a CAGR of 6% 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.
Sweden accounts for 1% of global production, with the other largest producers being Australia (38%), Brazil (18%), India (10%) and China (10%). Exports of iron ore from Sweden increased by 5% to 25Mt in 2022 over 2021, with the highest share being exported to Germany. Sweden’s iron ore exports are expected to grow at a CAGR of 6% between 2022 and 2026, to 31Mt by 2026.
For more detailed analysis of global iron ore mining, buy the report here.