Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Serbia - 2024

Contents:

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

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

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $6,081 per ton in 2022, increasing by 49% against the previous year. Overall, the import price saw a resilient increase. The growth pace was the most rapid in 2021 an increase of 81% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($6,087 per ton), while the price for Germany totaled $4,798 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $5,077 per ton in 2022, surging by 7.5% against the previous year. Over the period under review, the export price saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 101% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($6,386 per ton), while the average price for exports to Montenegro amounted to $2,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-0.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, overseas purchases of magnesium; raspings, turnings and granules, graded according to size, powderses increased by 2.6% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, saw a abrupt setback.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $7M in 2022. Over the period under review, imports recorded a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.32.94.56.88.7%
GermanyN/AN/AN/A0.10%
OthersN/AN/A0.1N/A0%
Total5.42.94.67.09.0%

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

  1. China (1120.7 tons)
  2. Germany (22.0 tons)

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

Exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Serbia surged to 65 kg in 2022, picking up by 38% against the previous year's figure. Overall, exports, however, recorded a sharp curtailment. The growth pace was the most rapid in 2020 when exports increased by 129%. As a result, the exports reached the peak of 101 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $330 in 2022. In general, exports, however, saw a sharp contraction. The pace of growth was the most pronounced in 2020 when exports increased by 101% against the previous year. As a result, the exports reached the peak of $238K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bosnia and Herzegovina0.10.10.10.344.2%
SlovakiaN/A47.1N/AN/A0%
Germany63.8N/AN/AN/A0%
North Macedonia53.7N/AN/AN/A0%
Montenegro0.50.10.1N/A-55.3%
RomaniaN/A190N/AN/A0%
OthersN/AN/AN/AN/A0%
Total1182380.20.3-86.4%

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

  1. Bosnia and Herzegovina (44.0 kg)
  2. Montenegro (21.0 kg)

Source: IndexBox Market Intelligence Platform

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