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

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland (CIF) - 2024
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland (CIF) - 2024

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $5,295 per ton in January 2024, declining by -1.7% against the previous month. In general, the import price showed a perceptible slump. The pace of growth appeared the most rapid in September 2023 when the average import price increased by 20% against the previous month. As a result, import price attained the peak level of $6,984 per ton. From October 2023 to January 2024, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In January 2024, the country with the highest price was China ($5,621 per ton), while the price for Austria amounted to $5,175 per ton.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by China (-1.7%).

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

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $10,734 per ton in 2022, jumping by 33% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The most prominent rate of growth was recorded in 2020 an increase of 52%. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($33,775 per ton), while the average price for exports to the Czech Republic ($5,016 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 1.8K tons of magnesium; raspings, turnings and granules, graded according to size, powderses were imported into Switzerland; with an increase of 80% on the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports attained 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 $11M in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria2.73.03.57.138.0%
China0.50.10.74.1101.7%
Russia0.10.10.2N/A41.4%
Others0.2N/A0.30.1-20.6%
Total3.63.24.611.346.4%

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

  1. Austria (1369.4 tons)
  2. China (416.0 tons)

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

Exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Switzerland soared to 793 tons in 2022, rising by 44% on the year before. Over the period under review, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2021 when exports increased by 58%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $8.5M in 2022. Overall, exports saw a significant increase. As a result, the exports reached 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 Switzerland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0953206812,15925.4%
Spain17411115487571.3%
United Kingdom12178746480688.2%
India7526155597540.1%
United States27338318968936.2%
MexicoN/A11.9396661645.3%
Poland27021226344017.7%
France383313197305-7.3%
Brazil92.156.713122334.3%
Romania10188.416718622.6%
Italy60.094.664.114433.9%
Sweden115140220114-0.3%
Czech Republic71.878.713744.4-14.8%
Others7855148301,11412.4%
Total4,2943,7254,4518,51225.6%

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

  1. Germany (339.6 tons)
  2. Poland (77.4 tons)
  3. Spain (72.9 tons)
  4. Mexico (65.4 tons)
  5. India (49.1 tons)
  6. United Kingdom (42.0 tons)
  7. Brazil (22.7 tons)
  8. United States (20.4 tons)
  9. Italy (13.9 tons)
  10. Romania (13.0 tons)
  11. France (11.0 tons)
  12. Czech Republic (8.8 tons)
  13. Sweden (7.5 tons)

Source: IndexBox Market Intelligence Platform

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