Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India - 2023
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India (CIF) - 2023
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India (FOB) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India (CIF) - 2023
In November 2023, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $3,224 per ton, reducing by -10.8% against the previous month. Over the period under review, the import price continues to indicate a slight setback. The most prominent rate of growth was recorded in October 2023 an increase of 17% against the previous month. Over the period under review, average import prices reached the maximum at $4,290 per ton in February 2023; however, from March 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($10,493 per ton), while the price for China stood at $3,078 per ton.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (-0.7%).
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India (FOB) - 2022
In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $11,989 per ton, growing by 9.6% against the previous year. Over the period under review, the export price posted a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 136% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($31,687 per ton), while the average price for exports to Bangladesh ($5,847 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 Germany (+51.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India
In 2022, after two years of decline, there was significant growth in overseas purchases of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume increased by 80% to 13K tons. Overall, imports posted prominent growth. 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 soared to $41M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports reached 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 India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 20.8 | 15.7 | 20.6 | 40.2 | 24.6% |
| Others | 0.8 | 1.1 | 0.6 | 1.2 | 14.5% |
| Total | 21.6 | 16.8 | 21.3 | 41.4 | 24.2% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to India in 2022:
- China (12.8K tons)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India
After two years of decline, shipments abroad of magnesium; raspings, turnings and granules, graded according to size, powderses increased by 692% to 14 tons in 2022. In general, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $168K in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 0.1 | 55.7 | 55600.0% |
| Malaysia | 17.2 | 2.6 | N/A | 34.3 | 25.9% |
| Peru | 0.3 | N/A | N/A | 32.4 | 376.2% |
| Egypt | N/A | N/A | 0.1 | 18.5 | 18400.0% |
| Bangladesh | 64.7 | N/A | 0.2 | 4.8 | -58.0% |
| Germany | N/A | 8.4 | N/A | 2.1 | -50.0% |
| Indonesia | N/A | 6.9 | N/A | 0.5 | -73.1% |
| Others | 2.8 | 2.0 | 19.0 | 19.6 | 91.3% |
| Total | 85.0 | 19.9 | 19.3 | 168 | 25.5% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from India in 2022:
- Mexico (4.8 tons)
- Malaysia (2.9 tons)
- Peru (2.9 tons)
- Egypt (1.9 tons)
- Bangladesh (0.8 tons)
- Germany (0.1 tons)
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