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

Contents:

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

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

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $12,432 per ton, dropping by -46.6% against the previous year. Overall, the import price recorded a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 75%. The import price peaked at $44,067 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($12,532 per ton), while the price for Germany totaled $12,020 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+2.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses imported into Colombia surged to 250 kg, with an increase of 23% compared with 2021 figures. Overall, total imports indicated mild growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -29.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 48% against the previous year. As a result, imports reached the peak of 356 kg. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses reduced rapidly to $3.1K in 2022. Over the period under review, imports, however, recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 0.4%. As a result, imports reached the peak of $4.7K, and then dropped rapidly in the following year.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.60.50.12.560.9%
Germany4.24.22.20.6-47.7%
United StatesN/AN/A2.5N/A0%
OthersN/AN/AN/AN/A0%
Total4.74.74.73.1-13.0%

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

  1. Czech Republic (201.0 kg)
  2. Germany (49.0 kg)

Source: IndexBox Market Intelligence Platform

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