Industry Statistics and Rankings
How does this industry perform in Finland compared to Europe?
Country Benchmarking
Industry Data Finland
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#15 In EuropeBusiness
#11 In EuropeEmployees
#4 In EuropeWages
#4 In EuropeThe Iron Ore Mining in Finland ranks 15 in Europe with regards to its 2024 revenue (€1.2m). Revenue received by operators in Finland has been low in volatility over the past five-year period, with the average annual change in revenue (13.5 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Iron Ore Mining industry in Finland in 2024?
The market size of the Iron Ore Mining industry in Finland is €1.2m in 2024.
How many businesses are there in the Iron Ore Mining in Finland industry in 2024?
There are 2 businesses in the Iron Ore Mining industry in Finland, which has declined at a CAGR of 0.0 % between 2019 and 2024.
Has the Iron Ore Mining industry in Finland grown or declined over the past 5 years?
The market size of the Iron Ore Mining industry in Finland has been declining at a CAGR of 13.5 % between 2019 and 2024.
What is the forecast growth of the Iron Ore Mining industry in Finland over the next 5 years?
Over the next five years, the Iron Ore Mining industry in Finland is expected to grow.
What does the Iron Ore Mining in Finland include?
Iron ore fines and Lump ore are part of the Iron Ore Mining industry.
How competitive is the Iron Ore Mining industry in Finland?
The level of competition is moderate and increasing in the Iron Ore Mining industry in Finland.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Non-Ferrous Metal Ore Mining in Finland
- Uranium and Thorium Ores Mining in Finland
Complementors
- Coal & Lignite Mining in Finland
- Hard Coal Mining in Finland
International industries
Table of Contents
About this industry
Industry definition
Companies in the industry extract iron ore and iron ore sands and carry out beneficiation processes to refine mined ore. Companies may also produce sinter and other agglomerates.
What's included in this industry?
Iron ore finesLump oreIron ore pelletsIndustry Code
071 - Mining of iron ores in Finland
Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Iron Ore Mining in Finland
- Employees in the Iron Ore Mining in Finland
- Business in the Iron Ore Mining in Finland
- Profit in the Iron Ore Mining in Finland
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Miners must follow strict regulations. Miners must ensure they have the correct permissions and mining leases and follow strict environmental regulations concerning pollution and the use of hazardous chemicals.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Iron Ore Mining in Finland industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Rising iron prices support profitability. As iron ore prices expand, miners can sell their products at higher prices, supporting profitability.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Iron Ore Mining in Finland industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.
To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.
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