World - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Which Country Exports the Most Magnesium in the World?
Global magnesium exports totaled X tonnes in 2016, descending by -X% against the previous year level. Overall, magnesium exports continue to indicate a temperate drop. The most prominent rate of growth was recorded in 2013, when export increased by X% y-o-y. Over the period under review, global magnesium exports attained its maximum volume of X tonnes in 2007; however, from 2008 to 2016, it failed to regain its strength.
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 $X. From 2009 to 2016, growth of global magnesium exports stood at a somewhat lower level.
Top Magnesium Exporting Countries in the World
X. China (X million USD)
X. USA (X million USD)
X. Israel (X million USD)
X. Germany (X million USD)
X. United Kingdom (X million USD)
X. Canada (X million USD)
X. Netherlands (X million USD)
Magnesium Exports By Country
China (X tonnes) dominates in magnesium exports structure, reaching X tonnes, which was near X% of total exports in 2016. It was distantly followed by Israel (X tonnes), and Germany (X tonnes), together comprising X% share of total magnesium exports. The U.S. (X tonnes), the Netherlands (X tonnes), Canada (X tonnes), and the UK (X tonnes) followed a long way behind this figure.
Exports from China decreased at an average annual rate of -X% from 2007 to 2016. At the same time, the Netherlands (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. The U.S., and the UK experienced a relatively flat trend pattern. By contrast, Germany (-X%), Israel (-X%), and Canada (-X%) illustrated a downward trend over the same period. While the share of China (X%), Israel (X%), and Germany (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest magnesium supplier in the world, making up X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with the share of X% of global exports. It was followed by Israel, with the share of X%.
In China, magnesium exports contracted by an average annual rate of -X% over the period from 2007-2016. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Israel (-X% per year).
Magnesium Export Prices By Country
The average magnesium export price stood at $X per tonne in 2016, shrinking by -X% against the previous year. Overall, magnesium export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008, when export increased by X% y-o-y. In that year, average magnesium export price attained its maximum level of $X per tonne. From 2009 to 2016, growth of average magnesium export price failed to regain its strength.
Export prices varied noticeably by country of destination. the country with the highest export prices was the U.S. ($X per tonne), while the Netherlands ($X per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of magnesium export prices was attained by the U.S. (+X% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global magnesium market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- magnesium market share
- magnesium prices
- magnesium industry
- magnesium sales
- magnesium import
- magnesium export
- magnesium market forecast
- magnesium price forecast
- key magnesium producers
This article was written on the product's HS-code: X.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the global magnesium market. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Importers on The Market and How They Succeed
The Largest Exporters on The Market and How They Succeed
The Largest Producers on The Market and Their Profiles
The Largest Markets And Their Profiles
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