Price for Magnesium; Waste and Scrap in Australia - 2023
Contents:
- Price for Magnesium; Waste and Scrap in Australia (FOB) - 2022
- Price for Magnesium; Waste and Scrap in Australia (CIF) - 2022
- Exports of Magnesium; Waste and Scrap in Australia
- Imports of Magnesium; Waste and Scrap in Australia
Price for Magnesium; Waste and Scrap in Australia (FOB) - 2022
The average magnesium; waste and scrap export price stood at $497 per ton in 2022, with a decrease of -38% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 53%. The export price peaked at $1,655 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($3,065 per ton), while the average price for exports to Malaysia ($286 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 the Netherlands (+5.4%), while the prices for the other major destinations experienced a decline.
Price for Magnesium; Waste and Scrap in Australia (CIF) - 2022
In 2021, the average magnesium; waste and scrap import price amounted to $2,036 per ton, growing by 14% against the previous year. Overall, the import price showed a relatively flat trend pattern. Over the period under review, average import prices reached the peak figure at $3,250 per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for New Zealand.
From 2012 to 2021, the rate of growth in terms of prices for New Zealand amounted to +13.9% per year.
Exports of Magnesium; Waste and Scrap in Australia
In 2022, the amount of magnesium; waste and scraps exported from Australia soared to 301 tons, picking up by 341% against the year before. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, magnesium; waste and scrap exports soared to $150K in 2022. Overall, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 12.1 | 22.1 | 9.0 | 52.7 | 63.3% |
| Malaysia | 15.7 | 55.9 | 15.9 | 52.1 | 49.2% |
| India | 41.1 | 52.9 | 15.3 | 44.9 | 3.0% |
| Others | 6.7 | 13.1 | 14.6 | N/A | 47.6% |
| Total | 75.6 | 144 | 54.8 | 150 | 25.7% |
Top Export Markets for Magnesium; Waste and Scrap from Australia in 2022:
- Malaysia (182.1 tons)
- India (102.1 tons)
- Netherlands (17.2 tons)
Imports of Magnesium; Waste and Scrap in Australia
In 2021, imports of magnesium; waste and scraps into Australia declined sharply to 19 tons, falling by -30.6% on the previous year. In general, imports saw a sharp setback.
In value terms, magnesium; waste and scrap imports reduced markedly to $38K in 2021. Over the period under review, imports faced a significant decline.
| Import of Magnesium; Waste and Scrap in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| New Zealand | 48.5 | 38.3 | -21.0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 48.5 | 38.3 | -21.0% | ||
Top Suppliers of Magnesium; Waste and Scrap to Australia in 2022:
- New Zealand (18.8 tons)
976
This report provides an in-depth analysis of the magnesium market in Australia.
1193
This report provides an in-depth analysis of the blueberry and cranberry market in Australia.
327
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in Australia.
3435
This report provides an in-depth analysis of the global magnesium market.
3596
This report provides an in-depth analysis of the global blueberry and cranberry market.
608
This report provides an in-depth analysis of the global market for raspberry, blackberry, blueberry, and cranberry.
976
This report provides an in-depth analysis of the magnesium market in Australia.
3435
This report provides an in-depth analysis of the global magnesium market.
1023
In 2021, global magnesium production declined by 5% to 950K tons because several China's smelters had cut capacities to comply with energy consumption targets. China remains the largest exporter in the world, accounting for 58% of total magnesium supplies.
1352
Limiting industrial carbon dioxide emissions in China has halted work in two-thirds of Shaanxi's fifty magnesium plants, while the rest of the factories will be required to halve production. As a result, in the next six months, the global market may face a deficit, hitting the European automotive industry particularly hard. The German Non-Ferrous Metals Association (WVM) calls on the German government to begin negotiations with China to increase magnesium supplies to Europe.
1499
In value terms, magnesium imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
2266
In value terms, magnesium exports stood at $X in 2016. Overall, magnesium exports continue to indicate a moderate deduction. In that year, global magnesium exports reached its maximum level of $X>
266
Explore the top import markets for blueberry and cranberry worldwide, including key statistics and data from the IndexBox market intelligence platform.
3543
The blueberry market is expected to grow significantly in the next few years. The global blueberry market was valued at $8.3 billion in 2021 and is expected to reach 2.3 million tons by 2030, growing at a CAGR of 3.5% during the forecast period (2022-2030)
6179
Global cranberry consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4808
In 2015, the country with the largest volume of the cranberry output was the United States (X thousand tons), accounting for X% of global production.
1608
Chile continued its dominance in the global cranberry trade. In 2014, Chile exported X thousand tons of cranberries totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cr
482
Explore the top import markets for raspberry, blackberry, blueberry, and cranberry. Discover key statistics and import values for these berries in countries such as the United States, Netherlands, Germany, Canada, and more.
