In 2022, the worldwide market value of iron ore mining amounted to approximately 328.52 billion U.S. dollars. This figure was significantly lower than the iron ore mining market value in 2021, which amounted to 482.91 billion U.S. dollars. It is forecast that the global market value of iron ore mining will amount to some 305 billion U.S. dollars in 2023.
Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023
(in billion U.S. dollars)
*Forecast as of May 2023.
Figures have been rounded.
This statistic has been assembled using several editions of the data release from the source. Figures are regularly restated by the source.
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
IBISWorld. (May 8, 2023). Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/
IBISWorld. "Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars)." Chart. May 8, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/
IBISWorld. (2023). Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/
IBISWorld. "Market Value of Iron Ore Mining Worldwide from 2011 to 2022, with a Forecast for 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 8 May 2023, https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/
IBISWorld, Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/ (last visited November 22, 2024)
Market value of iron ore mining worldwide from 2011 to 2022, with a forecast for 2023 (in billion U.S. dollars) [Graph], IBISWorld, May 8, 2023. [Online]. Available: https://www.statista.com/statistics/1279697/worldwide-iron-ore-mining-market-value/
