Price for Magnesium; Articles Thereof, Including Waste and Scrap in Angola - 2022
Contents:
- Price for Magnesium; Articles Thereof, Including Waste and Scrap in Angola (CIF) - 2022
- Price for Magnesium; Articles Thereof, Including Waste and Scrap in Angola (FOB) - 2022
- Imports of Magnesium; Articles Thereof, Including Waste and Scrap in Angola
- Exports of Magnesium; Articles Thereof, Including Waste and Scrap in Angola
Price for Magnesium; Articles Thereof, Including Waste and Scrap in Angola (CIF) - 2022
In 2022, the average import price for magnesium; articles thereof, including waste and scrap amounted to $10,652 per ton, with an increase of 57% against the previous year. Overall, the import price saw a significant increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 177% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($28,887 per ton), while the price for South Africa ($2,812 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Magnesium; Articles Thereof, Including Waste and Scrap in Angola (FOB) - 2022
The average export price for magnesium; articles thereof, including waste and scrap stood at $1,130 per ton in 2022, with an increase of 13% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 764% against the previous year. As a result, the export price attained the peak level of $9,273 per ton. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,286 per ton), while the average price for exports to Namibia ($718 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 Belgium (-1.8%).
Imports of Magnesium; Articles Thereof, Including Waste and Scrap in Angola
In 2022, overseas purchases of magnesium; articles thereof, including waste and scrap were finally on the rise to reach 2.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a precipitous slump.
In value terms, imports of magnesium; articles thereof, including waste and scrap surged to $23K in 2022. Over the period under review, imports, however, saw a precipitous decrease.
| Import of Magnesium; Articles Thereof, Including Waste and Scrap in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 113 | 68.8 | 7.7 | 8.7 | -57.5% |
| Portugal | 1.7 | 0.3 | 1.9 | 6.4 | 55.6% |
| South Africa | 4.6 | 3.2 | 0.9 | 1.7 | -28.2% |
| United Arab Emirates | 1.6 | 0.9 | 0.2 | 0.3 | -42.8% |
| Others | 6.3 | 5.8 | 2.2 | 5.4 | -5.0% |
| Total | 127 | 79.0 | 12.8 | 22.5 | -43.8% |
Top Suppliers of Magnesium; Articles Thereof, Including Waste and Scrap to Angola in 2022:
- China (1152.0 kg)
- South Africa (591.0 kg)
- Portugal (222.0 kg)
- United Arab Emirates (85.0 kg)
Exports of Magnesium; Articles Thereof, Including Waste and Scrap in Angola
For the fourth year in a row, Angola recorded growth in overseas shipments of magnesium; articles thereof, including waste and scrap, which increased by 32% to 54 kg in 2022. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 467%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of magnesium; articles thereof, including waste and scrap surged to $61 in 2022. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Articles Thereof, Including Waste and Scrap in Angola (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | N/A | N/A | 32.0 | 0% |
| Namibia | N/A | N/A | N/A | 28.0 | 0% |
| Belgium | 1.0 | 34.0 | 41.0 | 1.0 | 0.0% |
| Gabon | 27.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.0 | 34.0 | 41.0 | 61.0 | 29.6% |
Top Export Markets for Magnesium; Articles Thereof, Including Waste and Scrap from Angola in 2022:
- Namibia (39.0 kg)
- United Kingdom (14.0 kg)
- Belgium (1.0 kg)
291
This report provides an in-depth analysis of the magnesium market in Angola.
719
This report provides an in-depth analysis of the blueberry and cranberry market in Angola.
357
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in Angola.
3640
This report provides an in-depth analysis of the global magnesium market.
3815
This report provides an in-depth analysis of the global blueberry and cranberry market.
673
This report provides an in-depth analysis of the global market for raspberry, blackberry, blueberry, and cranberry.
291
This report provides an in-depth analysis of the magnesium market in Angola.
3640
This report provides an in-depth analysis of the global magnesium market.
1113
In 2021, global magnesium production declined by 5% to 950K tons because several China's smelters had cut capacities to comply with energy consumption targets. China remains the largest exporter in the world, accounting for 58% of total magnesium supplies.
1440
Limiting industrial carbon dioxide emissions in China has halted work in two-thirds of Shaanxi's fifty magnesium plants, while the rest of the factories will be required to halve production. As a result, in the next six months, the global market may face a deficit, hitting the European automotive industry particularly hard. The German Non-Ferrous Metals Association (WVM) calls on the German government to begin negotiations with China to increase magnesium supplies to Europe.
1581
In value terms, magnesium imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
2350
In value terms, magnesium exports stood at $X in 2016. Overall, magnesium exports continue to indicate a moderate deduction. In that year, global magnesium exports reached its maximum level of $X>
138
Learn about the projected growth of the global blueberries and cranberries market, with an expected increase in consumption over the next seven years.
369
Explore the top import markets for blueberry and cranberry worldwide, including key statistics and data from the IndexBox market intelligence platform.
4176
The blueberry market is expected to grow significantly in the next few years. The global blueberry market was valued at $8.3 billion in 2021 and is expected to reach 2.3 million tons by 2030, growing at a CAGR of 3.5% during the forecast period (2022-2030)
6490
Global cranberry consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
5060
In 2015, the country with the largest volume of the cranberry output was the United States (X thousand tons), accounting for X% of global production.
1666
Chile continued its dominance in the global cranberry trade. In 2014, Chile exported X thousand tons of cranberries totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cr
