Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway - 2024
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway (CIF) - 2022
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway (FOB) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway (CIF) - 2022
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $22,445 per ton in 2022, dropping by -6.9% against the previous year. In general, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when the average import price increased by 64% against the previous year. The import price peaked at $24,099 per ton in 2021, and then reduced in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($40,667 per ton), while the price for Switzerland ($21,751 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.7%), 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 Norway (FOB) - 2022
The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $313,886 per ton in 2022, falling by -4.3% against the previous year. Over the period under review, the export price, however, saw significant growth. The growth pace was the most rapid in 2021 when the average export price increased by 4,400%. Over the period under review, the average export prices hit record highs at $653,200 per ton in 2019; however, from 2020 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 Japan.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +40.3% per year.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway
Imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Norway soared to 3 tons in 2022, picking up by 68% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. As a result, imports reached 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 surged to $66K in 2022. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 59%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 32.2 | 0% |
| Austria | 14.9 | 13.7 | 24.3 | 31.3 | 28.1% |
| United States | N/A | 13.2 | 9.5 | 1.8 | -63.1% |
| Sweden | 3.2 | N/A | N/A | 0.2 | -60.3% |
| Germany | 2.8 | 6.7 | 0.2 | N/A | -73.3% |
| Others | 0.3 | N/A | 8.5 | 0.9 | 44.2% |
| Total | 21.2 | 33.6 | 42.6 | 66.4 | 46.3% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Norway in 2022:
- Switzerland (1479.0 kg)
- Austria (1401.0 kg)
- United States (45.0 kg)
- Sweden (5.0 kg)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway
In 2022, after three years of growth, there was decline in overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume decreased by 0% to 35 kg. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 140% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses reduced slightly to $11K in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 6,462% against the previous year. As a result, the exports reached the peak of $11K, and then declined slightly in the following year.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 6.5 | N/A | 11.5 | 11.0 | 19.2% |
| Sweden | N/A | 0.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.5 | 0.2 | 11.5 | 11.0 | 19.2% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Norway in 2022:
- Japan (35.0 kg)
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