Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates - 2022
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates (CIF) - 2022
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates (FOB) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates (CIF) - 2022
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $32,299 per ton in 2022, increasing by 9.7% against the previous year. Overall, the import price posted a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 115% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Pakistan ($112,818 per ton), while the price for China ($8,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Pakistan (+16.9%), 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 the United Arab Emirates (FOB) - 2022
In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $7,303 per ton, dropping by -22.3% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 128%. The export price peaked at $14,184 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
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 Kuwait ($15,348 per ton), while the average price for exports to Iran ($6,735 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 Kuwait (+7.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates
For the third consecutive year, the United Arab Emirates recorded decline in purchases abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, which decreased by -15.9% to 211 kg in 2022. In general, imports showed a abrupt slump. The smallest decline of -8.1% was in 2021.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses fell to $6.8K in 2022. Over the period under review, imports continue to indicate a abrupt contraction.
| Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1,967 | 1,587 | 881 | 3,114 | 16.5% |
| Pakistan | 1,941 | 2,023 | 1,560 | 1,241 | -13.9% |
| Germany | 503 | 195 | 881 | 996 | 25.6% |
| Switzerland | 1,433 | 1,131 | 662 | 484 | -30.4% |
| Belgium | 1,140 | 872 | 484 | 437 | -27.4% |
| Spain | 103 | 192 | 399 | 266 | 37.2% |
| United States | 277 | 1,441 | 339 | 173 | -14.5% |
| India | 819 | 138 | 17.0 | 17.0 | -72.5% |
| Others | 513 | 438 | 2,168 | 87.0 | -44.6% |
| Total | 8,696 | 8,017 | 7,391 | 6,815 | -7.8% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to the United Arab Emirates in 2022:
- Netherlands (127.0 kg)
- Germany (40.0 kg)
- Pakistan (11.0 kg)
- United States (10.0 kg)
- Switzerland (8.0 kg)
- Spain (8.0 kg)
- Belgium (2.0 kg)
- India (1.0 kg)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates
In 2022, shipments abroad of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by -34.7% to 801 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 536% against the previous year. As a result, the exports attained the peak of 1.6 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses contracted sharply to $5.8K in 2022. Overall, exports, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when exports increased by 84%.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 2.1 | 4.2 | 10.4 | 5.2 | 35.3% |
| Kuwait | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Djibouti | N/A | 1.0 | N/A | N/A | 0% |
| Mauritania | N/A | 0.2 | N/A | N/A | 0% |
| Others | 1.4 | 1.0 | 1.0 | 0.3 | -40.2% |
| Total | 3.5 | 6.4 | 11.5 | 5.8 | 18.3% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from the United Arab Emirates in 2022:
- Iran (769.0 kg)
- Kuwait (23.0 kg)
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