| Product Code: ETC5685020 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Portugal`s iron ore import market in 2024 saw significant growth, with key exporting countries being the Netherlands, Metropolitan France, Spain, UK, and Germany. The market remained highly concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was an impressive 32.64%, showcasing a robust upward trend in import volumes. Moreover, the growth rate from 2023 to 2024 surged by 37.52%, indicating accelerating momentum in the market. This data underscores the importance of these export partners in supplying iron ore to meet Portugal`s industrial needs.
Portugal's Iron Ore market is anticipated to experience a negative growth rate of -0.45% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Portugal Iron Ore Market Overview |
3.1 Portugal Country Macro Economic Indicators |
3.2 Portugal Iron Ore Market Revenues & Volume, 2021 & 2031F |
3.3 Portugal Iron Ore Market - Industry Life Cycle |
3.4 Portugal Iron Ore Market - Porter's Five Forces |
3.5 Portugal Iron Ore Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Portugal Iron Ore Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Portugal Iron Ore Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Portugal Iron Ore Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for steel globally, which drives the demand for iron ore. |
4.2.2 Technological advancements in mining and processing techniques, leading to cost efficiency and higher production. |
4.2.3 Infrastructure development projects in Portugal and neighboring regions, boosting the need for iron ore for construction purposes. |
4.3 Market Restraints |
4.3.1 Fluctuating iron ore prices due to global economic conditions and trade policies. |
4.3.2 Environmental regulations and concerns impacting mining operations and increasing operational costs. |
4.3.3 Competition from other iron ore producing countries affecting market share and pricing. |
5 Portugal Iron Ore Market Trends |
6 Portugal Iron Ore Market Segmentations |
6.1 Portugal Iron Ore Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Portugal Iron Ore Market Revenues & Volume, By Hematite, 2021-2031F |
6.1.3 Portugal Iron Ore Market Revenues & Volume, By Magnetite, 2021-2031F |
6.1.4 Portugal Iron Ore Market Revenues & Volume, By Others, 2021-2031F |
6.2 Portugal Iron Ore Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Portugal Iron Ore Market Revenues & Volume, By Pellets, 2021-2031F |
6.2.3 Portugal Iron Ore Market Revenues & Volume, By Lumps, 2021-2031F |
6.2.4 Portugal Iron Ore Market Revenues & Volume, By Fines, 2021-2031F |
6.3 Portugal Iron Ore Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Portugal Iron Ore Market Revenues & Volume, By Steel Production, 2021-2031F |
6.3.3 Portugal Iron Ore Market Revenues & Volume, By Medicine, 2021-2031F |
6.3.4 Portugal Iron Ore Market Revenues & Volume, By Others, 2021-2031F |
7 Portugal Iron Ore Market Import-Export Trade Statistics |
7.1 Portugal Iron Ore Market Export to Major Countries |
7.2 Portugal Iron Ore Market Imports from Major Countries |
8 Portugal Iron Ore Market Key Performance Indicators |
8.1 Average iron ore grade extracted in Portugal. |
8.2 Percentage of iron ore processed using sustainable and environmentally friendly methods. |
8.3 Investment in research and development for improving mining and processing efficiency. |
9 Portugal Iron Ore Market - Opportunity Assessment |
9.1 Portugal Iron Ore Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Portugal Iron Ore Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Portugal Iron Ore Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Portugal Iron Ore Market - Competitive Landscape |
10.1 Portugal Iron Ore Market Revenue Share, By Companies, 2024 |
10.2 Portugal Iron Ore Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |