Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Sri Lanka - 2022

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Sri Lanka (CIF) - 2022
  2. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Sri Lanka

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

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $8,333 per ton, surging by 47% against the previous year. Over the period under review, the import price saw a buoyant expansion. The pace of growth was the most pronounced in 2018 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($8,400 per ton), while the price for Germany stood at $8,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+10.6%).

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

In 2022, supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses was finally on the rise to reach 6 kg after two years of decline. Overall, imports, however, recorded a dramatic slump.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $50 in 2022. Over the period under review, imports, however, saw a sharp downturn.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Sri Lanka (USD)
COUNTRY2019202020212022CAGR,
2019-2022
India11046.016.042.0-27.5%
Germany4.02.01.08.026.0%
OthersN/AN/AN/AN/A0%
Total11448.017.050.0-24.0%

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

  1. India (5.0 kg)
  2. Germany (1.0 kg)

Source: IndexBox Market Intelligence Platform

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