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Iceland - Magnesite - Market Analysis, Forecast, Size, Trends and Insights
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Magnesite Market Size in Iceland
The revenue of the magnesite market in Iceland amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, magnesite consumption continues to indicate a moderate drop. The most prominent rate of growth was recorded in 2017 when the market value increased by X% y-o-y. Over the period under review, the magnesite market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.
Magnesite Production in Iceland
In value terms, magnesite production stood at $X in 2018 estimated in export prices. Over the period under review, magnesite production continues to indicate a relatively flat trend pattern. Over the period under review, magnesite production reached its peak figure level in 2018 and is expected to retain its growth in the immediate term.
Magnesite Exports
Exports from Iceland
In 2018, the exports of magnesite from Iceland stood at X kg, approximately reflecting the previous year. In general, magnesite exports continue to indicate a precipitous decrease. Over the period under review, magnesite exports attained their peak figure at X tons in 2016; however, from 2017 to 2018, exports failed to regain their momentum.
In value terms, magnesite exports stood at $X in 2018. Overall, magnesite exports continue to indicate a dramatic shrinkage. Over the period under review, magnesite exports attained their peak figure at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.
Exports by Country
China represented the major exporting country with an export of about X tons, which resulted at X% of total exports. It was distantly followed by Turkey (X tons), Pakistan (X tons), Guatemala (X tons), South Africa (X tons), Russia (X tons) and Ireland (X tons), together making up a X% share of total exports. Germany (X tons), Slovakia (X tons), Zambia (X tons), Australia (X tons) and Zimbabwe (X tons) followed a long way behind the leaders.
From 2007 to 2018, average annual rates of growth with regard to magnesite exports from China stood at -X%. At the same time, Pakistan (+X%), Australia (+X%), Russia (+X%), Zambia (+X%), Ireland (+X%), South Africa (+X%), Zimbabwe (+X%), Guatemala (+X%), Slovakia (+X%), Germany (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of Pakistan (+X p.p.), Russia (+X p.p.), South Africa (+X p.p.), Ireland (+X p.p.), Guatemala (+X p.p.), Turkey (+X p.p.), Zambia (+X p.p.), Germany (+X p.p.), Slovakia (+X p.p.) and Australia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest magnesite supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Ireland, with a X% share.
In China, magnesite exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Ireland (+X% per year).
Export Prices by Country
The magnesite export price in Iceland stood at $X per ton in 2018, remaining relatively unchanged against the previous year. Overall, the magnesite export price continues to indicate a mild expansion. Over the period under review, the export prices for magnesite reached their maximum in 2018 and is likely to see steady growth in the near future.
Prices varied noticeably by the country of origin; the country with the highest price was Zambia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.
Magnesite Imports
Imports into Iceland
In 2018, the imports of magnesite into Iceland totaled X kg, waning by -X% against the previous year. In general, magnesite imports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, magnesite imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.
In value terms, magnesite imports totaled $X in 2018. In general, magnesite imports continue to indicate a sharp setback. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Iceland imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
Imports by Country
In 2018, India (X tons) and the U.S. (X tons) were the major importers of magnesiteacross the globe, together amounting to near X% of total imports. It was distantly followed by Democratic Republic of the Congo (X tons), generating a X% share of total imports. South Africa (X tons), Malaysia (X tons), Zambia (X tons), Poland (X tons), Ireland (X tons), New Zealand (X tons), Germany (X tons), the Czech Republic (X tons) and Italy (X tons) took a relatively small share of total imports.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.
In value terms, Democratic Republic of the Congo ($X), India ($X) and Zambia ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the U.S., Ireland, Germany, Malaysia, South Africa, New Zealand, the Czech Republic, Poland, Italy and Iceland, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the magnesite import price in Iceland amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the magnesite import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. In that year, the import prices for magnesite reached their peak level and is likely to continue its growth in the immediate term.
Prices varied noticeably by the country of destination; the country with the highest price was Zambia ($X per ton), while Poland ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the magnesite market in Iceland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- UNCode 16390-1 - Magnesite
Country coverage:
- Iceland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Iceland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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