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

Contents:

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

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

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $3,986 per ton, increasing by 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. Over the period under review, average import prices reached the peak figure at $4,127 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($11,943 per ton), while the price for China ($3,337 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $7,507 per ton in 2022, rising by 80% against the previous year. Overall, the export price continues to indicate pronounced growth. The growth pace was the most rapid in 2013 an increase of 134%. Over the period under review, the average export prices attained the maximum at $21,611 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($17,183 per ton), while the average price for exports to Germany stood at $6,830 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.0%).

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

In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses imported into Spain soared to 1.3K tons, rising by 69% compared with the previous year's figure. Over the period under review, imports posted strong growth. As a result, imports reached 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 surged to $5.1M in 2022. In general, imports posted significant growth. As a result, imports attained 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,0521,2021,9183,90623.9%
United States20422227.431415.5%
Austria55.315314029173.9%
Germany33318.9197224-12.4%
ThailandN/A216N/AN/A0%
Others14112951638239.4%
Total2,7851,9402,7985,11822.5%

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

  1. China (1170.7 tons)
  2. Germany (28.2 tons)
  3. Austria (28.0 tons)
  4. United States (27.5 tons)

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

In 2022, overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses were finally on the rise to reach 177 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt setback.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $1.3M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6544744921,13020.0%
Italy7.56.813.574.3114.8%
Others78.566.644.512215.8%
Total7405475501,32621.5%

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

  1. Germany (165.4 tons)
  2. Italy (4.3 tons)

Source: IndexBox Market Intelligence Platform

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