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Poland - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesium Price in Poland - 2023
Contents:
- Magnesium Price in Poland (CIF) - 2023
- Magnesium Price in Poland (FOB) - 2022
- Magnesium Imports in Poland
- Magnesium Exports in Poland
Magnesium Price in Poland (CIF) - 2023
The average magnesium import price stood at $4,593 per ton in August 2023, with an increase of 3.4% against the previous month. In general, the import price, however, recorded a slight decrease. The pace of growth appeared the most rapid in June 2023 when the average import price increased by 19% m-o-m. The import price peaked at $5,376 per ton in December 2022; however, from January 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Hungary ($5,764 per ton), while the price for Austria ($3,287 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Italy (+6.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnesium Price in Poland (FOB) - 2022
The average magnesium export price stood at $4,315 per ton in 2022, with an increase of 20% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 60%. Over the period under review, the average export prices attained the maximum at $4,357 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($8,169 per ton), while the average price for exports to Germany ($2,508 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+24.4%), while the prices for the other major destinations experienced more modest paces of growth.
Magnesium Imports in Poland
After two years of decline, supplies from abroad of magnesium increased by 74% to 13K tons in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +6.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, magnesium imports surged to $41M in 2022. Over the period under review, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Magnesium in Poland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 17.6 | 14.4 | 13.8 | 25.4 | 13.0% |
Netherlands | N/A | 1.0 | 2.3 | 6.2 | 149.0% |
Slovakia | 0.4 | 1.2 | 2.8 | 4.0 | 115.4% |
Spain | N/A | N/A | 0.4 | 1.5 | 275.0% |
Austria | 4.0 | 0.7 | 0.8 | 1.2 | -33.1% |
Germany | 3.9 | 1.0 | 0.2 | 0.9 | -38.7% |
Hungary | 3.8 | N/A | 0.3 | 0.8 | -40.5% |
Others | 0.5 | 0.3 | 1.6 | 1.5 | 44.2% |
Total | 30.1 | 18.6 | 22.1 | 41.5 | 11.3% |
Top Suppliers of Magnesium to Poland in 2022:
- China (9.3K tons)
- Slovakia (1.3K tons)
- Netherlands (1.1K tons)
- Hungary (0.3K tons)
- Austria (0.2K tons)
- Germany (0.2K tons)
- Spain (0.2K tons)
Magnesium Exports in Poland
In 2022, the amount of magnesium exported from Poland surged to 608 tons, rising by 115% compared with the previous year's figure. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 137% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in the near future.
In value terms, magnesium exports surged to $2.6M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Export of Magnesium in Poland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 193 | 126 | 220 | 1,211 | 84.4% |
Romania | 3.7 | 5.9 | 8.1 | 543 | 427.5% |
Germany | 31.5 | 2.1 | 185 | 367 | 126.7% |
Belarus | 16.7 | 5.5 | N/A | 163 | 113.7% |
Bulgaria | N/A | 0.3 | 9.6 | 135 | 2021.3% |
Hungary | 42.3 | 373 | 231 | 128 | 44.6% |
Slovakia | 32.3 | 49.7 | 224 | 44.7 | 11.4% |
Austria | 19.4 | 17.1 | 37.2 | N/A | 38.5% |
Slovenia | N/A | 109 | 61.0 | N/A | -44.0% |
Turkey | 35.9 | 39.1 | 21.9 | N/A | -21.9% |
Others | 29.0 | 39.8 | 22.7 | 33.4 | 4.8% |
Total | 404 | 767 | 1,020 | 2,625 | 86.6% |
Top Export Markets for Magnesium from Poland in 2022:
- Czech Republic (232.8 tons)
- Romania (159.9 tons)
- Germany (146.2 tons)
- Belarus (19.9 tons)
- Hungary (18.1 tons)
- Bulgaria (18.1 tons)
- Slovakia (8.3 tons)
This report provides an in-depth analysis of the magnesium market in Poland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
Country coverage:
- Poland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Poland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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