Price for Magnesium; Waste and Scrap in Pakistan - 2022
Contents:
- Price for Magnesium; Waste and Scrap in Pakistan (CIF) - 2022
- Imports of Magnesium; Waste and Scrap in Pakistan
Price for Magnesium; Waste and Scrap in Pakistan (CIF) - 2022
In 2022, the average magnesium; waste and scrap import price amounted to $2,997 per ton, rising by 62% against the previous year. In general, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2016 to 2022, the rate of growth in terms of prices for China amounted to +61.7% per year.
Imports of Magnesium; Waste and Scrap in Pakistan
In 2022, approx. 1.5 tons of magnesium; waste and scraps were imported into Pakistan; with a decrease of -55% on the previous year's figure. Overall, imports recorded a precipitous curtailment.
In value terms, magnesium; waste and scrap imports dropped markedly to $4.5K in 2022. Over the period under review, imports showed a sharp decline.
| Import of Magnesium; Waste and Scrap in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| China | 6.2 | 4.5 | -27.4% | ||
| Others | N/A | N/A | 0% | ||
| Total | 6.2 | 4.5 | -27.4% | ||
Top Suppliers of Magnesium; Waste and Scrap to Pakistan in 2022:
- China (1.5 tons)
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