Which Country Imports the Most Magnesite in the World?

Other Mining And Quarrying May 28, 2018
Author: Sergey Avramenko
Head of Global Markets Research Team

Which Country Imports the Most Magnesite in the World?

IndexBox has just published a new report "World: Machine;Tools For Working Wood ; Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of machine;tool for working wood imported worldwide stood at 1.2M tonnes, growing by 9% against the previous year level. In general, machine;tool for working wood imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014, an increase of 13% from the previous year level. Over the period under review, global machine;tool for working wood imports attained its maximum volume in 2016, and are expected to retain its growth in the immediate term.

In value terms, machine;tool for working wood imports totaled $6.4B in 2016. In general, machine;tool for working wood imports continue to indicate a moderate drop. Global machine;tool for working wood import peaked of $8.6B in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.

Top Machine;Tool For Working Wood Importing Countries in the World

1. USA (1,228.7 million USD)

2. Germany (346.2 million USD)

3. China (331.1 million USD)

4. United Kingdom (249.2 million USD)

5. Russia (246.2 million USD)

6. Canada (241.3 million USD)

7. France (217.6 million USD)

8. Austria (137.6 million USD)

9. Indonesia (116.5 million USD)

10. Italy (115.3 million USD)

11. Netherlands (106.8 million USD)

12. Japan (91.6 million USD)

Machine;Tool For Working Wood Imports By Country

In 2016, the Netherlands (269K tonnes), distantly followed by Italy (117K tonnes), China (114K tonnes), the U.S. (111K tonnes), and Germany (110K tonnes) represented the major importers of machine;tool for working wood, together making up 59% of total imports. The following importers ; Japan (32K tonnes), Indonesia (31K tonnes), Austria (30K tonnes), Russia (27K tonnes), Canada (22K tonnes), the UK (20K tonnes), and France (19K tonnes) together made up 15% of total imports.

The Netherlands experienced a relatively flat trend pattern. At the same time, China (+8.3%), Indonesia (+7.1%), the U.S. (+2.3%), and Italy (+1.4%) displayed positive paces of growth. Moreover, China emerged as the fastest growing importer/exporter in the world, with a CAGR of +8.3% from 2007;2016. Japan, Germany, and Austria experienced a relatively flat trend pattern. By contrast, the UK (;2.7%), Canada (;5.0%), France (;5.2%), and Russia (;6.8%) illustrated a downward trend over the same period. Russia (2%) significantly strengthened its position in terms of the global imports, while the U.S., and China saw its share reduced by ;1.7%, and ;4.8% from 2007 to 2016, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($1.2B) constitutes the largest market for imported machine;tool for working wood worldwide, making up 19% of global imports. The second position in the ranking was occupied by Germany ($346M), with the share of 5% of global imports. It was followed by China, with the share of 5%.

In the U.S., machine;tool for working wood imports contracted by an average annual rate of ;1.1% over the period from 2007;2016. In the other countries, the average annual rates were as follows: Germany (;0.9% per year) and China (;9.3% per year).

Machine;Tool For Working Wood Import Prices By Country

In 2016, the average import price for machine;tool for working wood amounted to $5,245 per tonne, shrinking by ;6.5% against the previous year. In general, machine;tool for working wood import price continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2010, an increase of 8% against the previous year level. Over the period under review, average machine;tool for working wood import price attained its maximum level of $7,116 per tonne in 2008; however, from 2009 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the UK ($13 per kg), while the Netherlands ($396 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machine;tool for working wood import prices was attained by Japan (+3.9% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global machine;tool for working wood market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • machine;tool for working wood market share
  • machine;tool for working wood prices
  • machine;tool for working wood industry
  • machine;tool for working wood sales
  • machine;tool for working wood import
  • machine;tool for working wood export
  • machine;tool for working wood market forecast
  • machine;tool for working wood price forecast
  • key machine;tool for working wood producers

All data provided in this article covers the following product: HS Code 8465 ; Machine;tools; (including machines for nailing, stapling, glueing or otherwise assembling) for working wood, cork, bone, hard plastics or rubber or similar hard materials.

Source: World: Machine;Tools For Working Wood ; Market Report. Analysis and Forecast to 2025"

"IndexBox has just published a new report "World: Magnesite - Market Report. Analysis and Forecast to 2025". Here is a summary of the report's key findings.

In 2016, the amount of magnesite imported worldwide stood at 7.9M tonnes, waning by -6.4% against the previous year level. Overall, magnesite imports continue to indicate a measured slump. The pace of growth appeared the most rapid in 2010, when it surged by 16% year-to-year. Global magnesite import peaked of 9.5M tonnes in 2007- however, from 2008 to 2016, it stood at a somewhat lower level.

In value terms, magnesite imports totaled $1.6B in 2016. Overall, magnesite imports continue to indicate a relatively flat trend pattern. Over the period under review, global magnesite imports reached its maximum level of $2.5B in 2011- however, from 2012 to 2016, it failed to regain its strength.

Top Magnesite Importing Countries in the World

1. Germany (203.9 million USD)

2. USA (169.4 million USD)

3. Austria (128.5 million USD)

4. Japan (119.9 million USD)

5. South Korea (69.7 million USD)

6. China (61.6 million USD)

7. Turkey (31.6 million USD)

8. Spain (28.1 million USD)

9. Brazil (27.0 million USD)

10. Slovakia (13.3 million USD)

11. Australia (2.3 million USD)

12. Israel (0.7 million USD)

Magnesite Imports By Country

China (2.5M tonnes) was the key importing country with an import of around 2.5M tonnes, which reached 32% of total imports. It was distantly followed by Germany (484K tonnes), Slovakia (451K tonnes), the U.S. (420K tonnes), and Japan (363K tonnes), together constituting 22% share of total magnesite imports. Turkey (319K tonnes), Brazil (241K tonnes), Spain (235K tonnes), Austria (215K tonnes), Australia (207K tonnes), South Korea (177K tonnes), and Israel (147K tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, Brazil (+2.1%), Israel (+1.6%), and Australia (+1.0%) displayed positive paces of growth. Moreover, Brazil emerged as the fastest growing importer/exporter in the world, with a CAGR of +2.1% from 2007-2016. Turkey, and Slovakia experienced a relatively flat trend pattern. By contrast, Germany (-2.1%), Spain (-2.3%), the U.S. (-3.9%), Austria (-4.4%), South Korea (-4.8%), and Japan (-6.2%) illustrated a downward trend over the same period. While the share of Japan (4%), and the U.S. (2%) increased significantly, the share of China (-2.1%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest magnesite markets worldwide were Germany ($204M), the U.S. ($169M) and Austria ($129M), together accounting for 32% of global imports. These countries were followed by Japan, South Korea, China, Turkey, Spain, Brazil, Slovakia, Australia and Israel, which together accounted for a further 23%.

Brazil (+16.0% per year) experienced the highest growth rate of magnesite imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.

Magnesite Import Prices By Country

In 2016, the average import price for magnesite amounted to $199 per tonne, coming down by -5.7% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +1.2%.The pace of growth was the most pronounced in 2008, when import increased by 34% y-o-y. Over the period under review, average magnesite import price attained its maximum level of $284 per tonne in 2011- however, from 2012 to 2016, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Austria ($598 per tonne), while Israel ($5 per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of magnesite import prices was attained by Brazil (+13.4% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global magnesite market? Get the latest trends and insight from our report. It includes a wide range of statistics on

  • magnesite market share
  • magnesite prices
  • magnesite industry
  • magnesite sales
  • magnesite import
  • magnesite export
  • magnesite market forecast
  • magnesite price forecast
  • key magnesite producers

All data provided in this article covers the following product: HS Code 2519 - Natural magnesium carbonate (magnesite)- fused magnesia- dead-burned (sintered) magnesia, whether or not containing small quantities of other oxides added before sintering- magnesium oxide, pure or not.

Source: World: Magnesite - Market Report. Analysis and Forecast to 2025