Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal - 2023

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (CIF) - 2023
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (CIF) - 2023

In December 2023, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $4,362 per ton, declining by -1.5% against the previous month. Overall, the import price recorded a mild setback. The growth pace was the most rapid in April 2023 an increase of 6.5% m-o-m. Over the period under review, average import prices reached the maximum at $4,949 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (FOB) - 2022

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,357 per ton in 2022, rising by 236% against the previous year. Over the period under review, the export price, however, saw a deep downturn. The most prominent rate of growth was recorded in 2017 an increase of 7,401%. The export price peaked at $7,618 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +3.1% per year.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal

For the fourth consecutive year, Portugal recorded growth in supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, which increased by 84% to 1.3K tons in 2022. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses soared to $5.1M in 2022. Over the period under review, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.72.32.25.043.3%
OthersN/AN/AN/AN/A0%
Total1.72.32.25.144.2%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Portugal in 2022:

  1. China (1330.3 tons)

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal

In 2022, exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Portugal soared to 14 kg, with an increase of 1,300% on the year before. Over the period under review, exports, however, recorded a precipitous decline.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $47 in 2022. Overall, exports, however, recorded a sharp downturn.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Portugal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands87.0N/A1.047.0-18.6%
Spain447N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total534N/A1.047.0-55.5%

Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Portugal in 2022:

  1. Netherlands (14.0 kg)

Source: IndexBox Market Intelligence Platform

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