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

Contents:

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

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

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $2,673 per ton, with an increase of 51% against the previous year. Over the period under review, the import price, however, faced a deep setback. The growth pace was the most rapid in 2015 when the average import price increased by 127% against the previous year. Over the period under review, average import prices hit record highs at $25,559 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Poland ($2,734 per ton), while the price for Latvia amounted to $2,166 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (-4.6%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $2,125 per ton, increasing by 113% against the previous year. In general, the export price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 200% against the previous year. The export price peaked at $6,154 per ton in 2014; however, from 2015 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 the Netherlands.

From 2014 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -4.1% per year.

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

In 2022, imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Lithuania rose sharply to 1.3 tons, increasing by 7.6% on the previous year. In general, imports, however, recorded a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 117% against the previous year.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $3.4K in 2022. Over the period under review, imports, however, recorded a dramatic contraction.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia8.4N/AN/A2.5-33.2%
Poland0.30.30.20.2-12.6%
FinlandN/A0.80.9N/A12.5%
Others0.50.50.90.66.3%
Total9.21.62.13.4-28.2%

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

  1. Latvia (1168.0 kg)
  2. Poland (79.0 kg)

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

Exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Lithuania surged to 8 kg in 2022, increasing by 700% on 2021. Over the period under review, exports showed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $17 in 2022. Overall, exports showed a significant expansion. 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 Lithuania (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands7.0N/A1.017.034.4%
OthersN/AN/AN/AN/A0%
Total7.0N/A1.017.034.4%

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

  1. Netherlands (8.0 kg)

Source: IndexBox Market Intelligence Platform

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