Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland - 2023

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (CIF) - 2022
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (CIF) - 2022

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $20,981 per ton in 2022, increasing by 67% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 77%. Over the period under review, average import prices reached the maximum at $20,985 per ton in 2020; afterwards, it flattened through to 2022.

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 the United States ($41,884 per ton), while the price for China ($14,842 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+50.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (FOB) - 2022

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $4,556 per ton in 2022, waning by -99.2% against the previous year. In general, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2021 an increase of 57,200%. Over the period under review, the average export prices attained the peak figure at $26,200,750 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +33.7% per year.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland

In 2022, imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Ireland reached 1.7 tons, increasing by 3% on the previous year. In general, imports, however, faced a precipitous decline. The most prominent rate of growth was recorded in 2021 with an increase of 15%.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $36K in 2022. Overall, imports, however, continue to indicate a precipitous contraction.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/AN/A8.425.9208.3%
United StatesN/AN/A3.28.0150.0%
United KingdomN/A0.60.71.135.4%
China19.5N/A1.30.6-68.7%
Austria55.029.55.6N/A-68.1%
OthersN/A0.11.7N/A1600.0%
Total74.430.220.735.6-21.8%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Ireland in 2022:

  1. Germany (1435.0 kg)
  2. United States (190.0 kg)
  3. China (38.0 kg)
  4. United Kingdom (35.0 kg)

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland

In 2022, exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Ireland declined sharply to 9 kg, reducing by -18.2% on the year before. In general, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,000%. As a result, the exports attained the peak of 11 kg, and then reduced notably in the following year.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses declined rapidly to $41 in 2022. Over the period under review, exports saw a precipitous slump. The growth pace was the most rapid in 2021 with an increase of 630,200%.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/AN/A0%
United StatesN/AN/A6.3N/A0%
Others105N/AN/AN/A0%
Total105N/A6.3N/A-75.5%

Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Ireland in 2022:

  1. Netherlands (9.0 kg)

Source: IndexBox Market Intelligence Platform

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