Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany - 2023
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany (CIF) - 2023
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany (FOB) - 2023
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany (CIF) - 2023
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,825 per ton in December 2023, picking up by 4.8% against the previous month. Overall, the import price, however, showed a noticeable curtailment. The pace of growth was the most pronounced in May 2023 an increase of 11% against the previous month. The import price peaked at $5,026 per ton in December 2022; however, from January 2023 to December 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($7,896 per ton), while the price for China stood at $4,071 per ton.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Poland (-1.8%), while the prices for the other major suppliers experienced a decline.
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany (FOB) - 2023
The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,982 per ton in December 2023, dropping by -6.7% against the previous month. Overall, the export price continues to indicate a mild decrease. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 4.3% against the previous month. The export price peaked at $5,060 per ton in March 2023; however, from April 2023 to December 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($6,441 per ton), while the average price for exports to Ukraine ($3,985 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany
Imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Germany surged to 22K tons in 2022, growing by 33% against 2021 figures. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.2% against 2020 indices. As a result, imports attained 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 soared to $99M in 2022. In general, imports posted a significant increase. As a result, imports reached 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 32.9 | 6.3 | 16.2 | 31.6 | -1.3% |
| Netherlands | 3.5 | 17.7 | 20.9 | 31.5 | 108.0% |
| Austria | 5.0 | 5.6 | 7.0 | 15.5 | 45.8% |
| Slovakia | N/A | 0.1 | 2.6 | 9.7 | 884.9% |
| Turkey | 1.1 | 1.7 | 1.0 | 5.3 | 68.9% |
| Romania | 0.3 | 0.4 | 0.6 | 0.5 | 18.6% |
| Others | 3.6 | 3.9 | 5.1 | 4.9 | 10.8% |
| Total | 46.4 | 35.7 | 53.5 | 99.1 | 28.8% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Germany in 2022:
- Netherlands (9.6K tons)
- China (5.1K tons)
- Slovakia (3.0K tons)
- Austria (2.0K tons)
- Turkey (1.4K tons)
- Romania (0.2K tons)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Germany
In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses exported from Germany was estimated at 5.4K tons, picking up by 12% against 2021. The total export volume increased at an average annual rate of +5.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses soared to $26M in 2022. Over the period under review, exports continue to indicate significant growth. 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 Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 6.8 | 5.2 | 5.4 | 9.2 | 10.6% |
| Netherlands | 2.1 | 1.2 | 2.3 | 5.3 | 36.2% |
| Switzerland | 0.2 | 0.1 | 0.8 | 4.3 | 178.1% |
| Romania | 0.2 | 0.5 | 0.9 | 1.3 | 86.6% |
| Turkey | 0.4 | N/A | 2.1 | 0.9 | 31.0% |
| United States | 0.1 | 0.3 | 0.4 | 0.9 | 108.0% |
| Poland | 0.4 | 0.3 | 0.3 | 0.7 | 20.5% |
| Slovakia | N/A | 0.3 | 1.1 | 0.6 | 41.4% |
| Czech Republic | 0.2 | 0.3 | 0.2 | 0.4 | 26.0% |
| France | 0.4 | 0.3 | 0.5 | 0.3 | -9.1% |
| Belgium | 0.5 | 0.3 | 0.1 | N/A | -55.3% |
| Others | 1.4 | 1.7 | 2.2 | 2.4 | 19.7% |
| Total | 12.6 | 10.5 | 16.1 | 26.4 | 28.0% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Germany in 2022:
- Austria (1936.0 tons)
- Netherlands (1607.1 tons)
- Romania (488.7 tons)
- Switzerland (431.2 tons)
- United States (219.3 tons)
- Poland (125.0 tons)
- Turkey (112.3 tons)
- Slovakia (96.9 tons)
- Czech Republic (89.2 tons)
- France (37.5 tons)
- Belgium (1.4 tons)
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