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