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

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (CIF) - 2023
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (FOB) - 2023
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (CIF) - 2023

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,482 per ton in December 2023, growing by 6.5% against the previous month. Over the period under review, the import price, however, continues to indicate a slight setback. The import price peaked at $4,201 per ton in December 2022; however, from January 2023 to December 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to -1.0% per month.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (FOB) - 2023

In December 2023, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $3,824 per ton, flattening at the previous month. In general, the export price saw a mild reduction. The pace of growth appeared the most rapid in June 2023 an increase of 4.3% month-to-month. Over the period under review, the average export prices hit record highs at $4,718 per ton in December 2022; however, from January 2023 to December 2023, the export prices failed to regain momentum.

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

From December 2022 to December 2023, the rate of growth in terms of prices for Turkey amounted to 0.0% per month.

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

In 2022, imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Slovakia soared to 14K tons, picking up by 51% against 2021. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 109%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses soared to $82M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 335% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.46.417.943.066.0%
GermanyN/A3.625.535.7214.9%
OthersN/AN/A0.53.2540.0%
Total9.410.143.981.8105.7%

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

  1. China (7.3K tons)
  2. Germany (6.2K tons)

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

In 2022, exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Slovakia skyrocketed to 5.7K tons, jumping by 108% against 2021. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 130%. Over the period under review, the exports of reached the peak figure 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 surged to $23M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 176%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A0.12.89.9895.0%
Serbia1.21.53.85.970.0%
PolandN/A1.52.14.267.3%
AustriaN/AN/AN/A2.20%
Others0.2N/AN/A0.965.1%
Total1.33.28.723.0160.6%

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

  1. Germany (3.0K tons)
  2. Poland (1.2K tons)
  3. Serbia (0.9K tons)
  4. Austria (0.5K tons)

Source: IndexBox Market Intelligence Platform

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