Pakistan - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesite Price in Pakistan - 2023
Contents:
- Magnesite Price in Pakistan (FOB) - 2022
- Magnesite Price in Pakistan (CIF) - 2022
- Magnesite Exports in Pakistan
- Magnesite Imports in Pakistan
Magnesite Price in Pakistan (FOB) - 2022
The average magnesite export price stood at $46 per ton in 2022, falling by -10.3% against the previous year. Over the period under review, the export price faced a deep setback. The most prominent rate of growth was recorded in 2021 when the average export price increased by 4.9%. The export price peaked at $136 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($63 per ton), while the average price for exports to Egypt ($22 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 China (+7.3%), while the prices for the other major destinations experienced a decline.
Magnesite Price in Pakistan (CIF) - 2022
The average magnesite import price stood at $297 per ton in 2022, growing by 6.1% against the previous year. Over the period under review, the import price, however, saw a slight decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 109%. As a result, import price reached the peak level of $862 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,853 per ton), while the price for Iran stood at $97 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.8%), while the prices for the other major suppliers experienced a decline.
Magnesite Exports in Pakistan
In 2022, approx. 37K tons of magnesite were exported from Pakistan; picking up by 15% compared with the previous year. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, magnesite exports reached $1.7M in 2022. In general, exports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 21%.
| Export of Magnesite in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 866 | 431 | 356 | 466 | -18.7% |
| Greece | 847 | 327 | 81.0 | 454 | -18.8% |
| China | 113 | 265 | 290 | 381 | 50.0% |
| Egypt | 28.5 | 150 | 202 | 158 | 77.0% |
| Malaysia | 3.8 | 9.1 | 11.9 | 70.4 | 164.6% |
| Bangladesh | 7.3 | 39.9 | 45.5 | 59.8 | 101.6% |
| United States | N/A | N/A | N/A | 53.4 | 0% |
| Spain | N/A | 59.5 | 33.4 | N/A | -43.9% |
| Others | 51.9 | 66.0 | 613 | 43.5 | -5.7% |
| Total | 1,918 | 1,346 | 1,633 | 1,685 | -4.2% |
Top Export Markets for Magnesite from Pakistan in 2022:
- India (10.8K tons)
- Greece (8.1K tons)
- Egypt (7.3K tons)
- China (6.0K tons)
- Malaysia (1.7K tons)
- Bangladesh (1.1K tons)
- United States (1.0K tons)
Magnesite Imports in Pakistan
In 2022, approx. 41 tons of magnesite were imported into Pakistan; declining by -45.5% against the previous year's figure. Over the period under review, imports saw a deep setback. The growth pace was the most rapid in 2021 when imports increased by 319% against the previous year. As a result, imports reached the peak of 75 tons, and then shrank dramatically in the following year.
In value terms, magnesite imports shrank markedly to $12K in 2022. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 540%. As a result, imports reached the peak of $21K, and then dropped dramatically in the following year.
| Import of Magnesite in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.4 | 1.1 | 14.1 | 8.6 | -11.5% |
| Iran | 8.5 | 0.7 | 6.8 | 3.5 | -25.6% |
| Turkey | N/A | 1.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 20.9 | 3.3 | 20.9 | 12.1 | -16.7% |
Top Suppliers of Magnesite to Pakistan in 2022:
- Iran (36.1 tons)
- Netherlands (4.6 tons)
This report provides an in-depth analysis of the magnesite market in Pakistan. 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:
- Pakistan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Pakistan
- 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.
-
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
-
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
-
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
-
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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