Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France - 2023

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France (CIF) - 2023
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France (FOB) - 2023
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France (CIF) - 2023

In December 2023, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $8,336 per ton, with a decrease of -64.9% against the previous month. Overall, the import price, however, saw a slight expansion. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 555% m-o-m. As a result, import price reached the peak level of $27,738 per ton. From August 2023 to December 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the United States ($107K per ton), while the price for Switzerland stood at $7,114 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Austria (+48.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France (FOB) - 2023

In December 2023, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $12,146 per ton, falling by -67.2% against the previous month. In general, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 620% month-to-month. The export price peaked at $121K per ton in May 2023; however, from June 2023 to December 2023, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Mexico.

From December 2022 to December 2023, the rate of growth in terms of prices for Spain amounted to +11.2% per month.

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

In 2022, supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses increased by 80% to 1.1K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, total imports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached 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 $4.5M in 2022. In general, imports showed a resilient expansion. As a result, imports attained 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 France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,7848181,3003,00519.0%
Switzerland1,007466272466-22.7%
Germany14229228643745.5%
SlovakiaN/AN/A30333610.9%
Austria13112490.821818.5%
NetherlandsN/A89.175.81.2-88.4%
Others19810810554.7-34.9%
Total3,2621,8982,4304,51711.5%

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

  1. China (905.4 tons)
  2. Germany (58.1 tons)
  3. Slovakia (47.4 tons)
  4. Austria (43.9 tons)
  5. Switzerland (24.0 tons)
  6. Netherlands (0.2 tons)

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

Exports of magnesium; raspings, turnings and granules, graded according to size, powderses from France declined notably to 89 tons in 2022, with a decrease of -52% compared with the previous year's figure. In general, exports continue to indicate a significant decline.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses contracted modestly to $1.8M in 2022. Over the period under review, exports saw a pronounced slump.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in France (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
Netherlands35.45591479.1%
Japan561479-14.6%
Belgium245216-11.8%
BulgariaN/A2100%
Spain1751855.7%
Germany139126-9.4%
Italy67.842.5-37.3%
Slovakia485N/A0%
Brazil89.2N/A0%
Others14530.8-78.8%
Total1,9431,847-4.9%

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

  1. Netherlands (67.3 tons)
  2. Germany (5.7 tons)
  3. Japan (4.8 tons)
  4. Belgium (4.2 tons)
  5. Italy (2.5 tons)
  6. Bulgaria (2.1 tons)
  7. Spain (1.9 tons)

Source: IndexBox Market Intelligence Platform

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