Price for Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela - 2022
Contents:
- Price for Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (CIF) - 2022
- Price for Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (FOB) - 2022
- Imports of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela
- Exports of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela
Price for Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (CIF) - 2022
In 2022, the average import price for magnesium; articles thereof, including waste and scrap amounted to $3,162 per ton, dropping by -3.7% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 40%. The import price peaked at $4,322 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($10,000 per ton), while the price for Panama ($222 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+21.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (FOB) - 2022
In 2022, the average export price for magnesium; articles thereof, including waste and scrap amounted to $7,502 per ton, with an increase of 10% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 87% against the previous year. Over the period under review, the average export prices reached the peak figure at $10,911 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Colombia.
From 2012 to 2022, the rate of growth in terms of prices for Colombia amounted to +0.4% per year.
Imports of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela
In 2022, the amount of magnesium; articles thereof, including waste and scrap imported into Venezuela declined dramatically to 38 tons, with a decrease of -18.5% compared with the previous year. In general, imports saw a deep slump. The smallest decline of -18.5% was in 2020.
In value terms, imports of magnesium; articles thereof, including waste and scrap fell sharply to $119K in 2022. Overall, imports recorded a significant decrease. The smallest decline of -21.6% was in 2021.
Import of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 242 | 190 | 150 | 118 | -21.3% |
Others | 5.0 | 3.1 | 2.0 | 1.4 | -34.6% |
Total | 247 | 194 | 152 | 119 | -21.6% |
Top Suppliers of Magnesium; Articles Thereof, Including Waste and Scrap to Venezuela in 2022:
- United States (37.0 tons)
Exports of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela
In 2022, exports of magnesium; articles thereof, including waste and scrap from Venezuela surged to 2.2 tons, rising by 64% against the previous year's figure. Overall, exports posted significant growth. The growth pace was the most rapid in 2021 when exports increased by 181%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of magnesium; articles thereof, including waste and scrap skyrocketed to $17K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 425% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
Export of Magnesium; Articles Thereof, Including Waste and Scrap in Venezuela (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Colombia | 4.1 | 1.7 | 9.2 | 16.6 | 59.4% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.1 | 1.7 | 9.2 | 16.6 | 59.4% |
Top Export Markets for Magnesium; Articles Thereof, Including Waste and Scrap from Venezuela in 2022:
- Colombia (2.2 tons)
This report provides an in-depth analysis of the magnesium market in Venezuela.
This report provides an in-depth analysis of the blueberry and cranberry market in Venezuela.
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in Venezuela.
This report provides an in-depth analysis of the global magnesium market.
This report provides an in-depth analysis of the global blueberry and cranberry market.
This report provides an in-depth analysis of the global market for raspberry, blackberry, blueberry, and cranberry.
This report provides an in-depth analysis of the magnesium market in Venezuela.
This report provides an in-depth analysis of the global magnesium market.
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.
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.
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...
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>
Learn about the projected growth of the global blueberries and cranberries market, with an expected increase in consumption over the next seven years.
Explore the top import markets for blueberry and cranberry worldwide, including key statistics and data from the IndexBox market intelligence platform.
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)
Global cranberry consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
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.
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