| Product Code: ETC5685057 | Publication Date: Nov 2023 | Updated Date: Dec 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Zambia continued to rely heavily on iron ore imports, with top exporters being South Africa, Congo, and Morocco. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. Despite a strong compound annual growth rate (CAGR) of 45.62% from 2020 to 2024, there was a noticeable decline in the growth rate from 2023 to 2024 at -18.01%. This suggests a potential slowdown in iron ore import shipments to Zambia, highlighting the need for strategic planning and market diversification to mitigate risks in the iron ore supply chain.

The Iron Ore market in Zambia is projected to grow at a negative growth rate of -0.79% by 2027, highlighting the country's increasing focus on advanced technologies within the Africa region, where Egypt holds the dominant position, followed closely by South Africa, Ethiopia, Algeria and Nigeria, shaping overall regional demand.

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 Zambia Iron Ore Market Overview |
3.1 Zambia Country Macro Economic Indicators |
3.2 Zambia Iron Ore Market Revenues & Volume, 2021 & 2031F |
3.3 Zambia Iron Ore Market - Industry Life Cycle |
3.4 Zambia Iron Ore Market - Porter's Five Forces |
3.5 Zambia Iron Ore Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Zambia Iron Ore Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Zambia Iron Ore Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Zambia Iron Ore Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing global demand for iron ore |
4.2.2 Government support and initiatives to boost mining sector |
4.2.3 Technological advancements in mining and extraction processes |
4.3 Market Restraints |
4.3.1 Fluctuating iron ore prices in the international market |
4.3.2 Infrastructure challenges in Zambia affecting mining operations |
5 Zambia Iron Ore Market Trends |
6 Zambia Iron Ore Market Segmentations |
6.1 Zambia Iron Ore Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Zambia Iron Ore Market Revenues & Volume, By Hematite, 2021-2031F |
6.1.3 Zambia Iron Ore Market Revenues & Volume, By Magnetite, 2021-2031F |
6.1.4 Zambia Iron Ore Market Revenues & Volume, By Others, 2021-2031F |
6.2 Zambia Iron Ore Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Zambia Iron Ore Market Revenues & Volume, By Pellets, 2021-2031F |
6.2.3 Zambia Iron Ore Market Revenues & Volume, By Lumps, 2021-2031F |
6.2.4 Zambia Iron Ore Market Revenues & Volume, By Fines, 2021-2031F |
6.3 Zambia Iron Ore Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Zambia Iron Ore Market Revenues & Volume, By Steel Production, 2021-2031F |
6.3.3 Zambia Iron Ore Market Revenues & Volume, By Medicine, 2021-2031F |
6.3.4 Zambia Iron Ore Market Revenues & Volume, By Others, 2021-2031F |
7 Zambia Iron Ore Market Import-Export Trade Statistics |
7.1 Zambia Iron Ore Market Export to Major Countries |
7.2 Zambia Iron Ore Market Imports from Major Countries |
8 Zambia Iron Ore Market Key Performance Indicators |
8.1 Average iron ore grade in Zambia |
8.2 Exploration and development expenditures in the iron ore sector |
8.3 Efficiency of iron ore extraction processes |
9 Zambia Iron Ore Market - Opportunity Assessment |
9.1 Zambia Iron Ore Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Zambia Iron Ore Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Zambia Iron Ore Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Zambia Iron Ore Market - Competitive Landscape |
10.1 Zambia Iron Ore Market Revenue Share, By Companies, 2024 |
10.2 Zambia Iron Ore Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |