Serbia - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesite Price in Serbia - 2023
Contents:
- Magnesite Price in Serbia (FOB) - 2022
- Magnesite Price in Serbia (CIF) - 2022
- Magnesite Exports in Serbia
- Magnesite Imports in Serbia
Magnesite Price in Serbia (FOB) - 2022
The average magnesite export price stood at $167 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 an increase of 12%. As a result, the export price reached the peak level of $463 per ton. From 2014 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Poland.
From 2012 to 2022, the rate of growth in terms of prices for Slovakia amounted to -2.4% per year.
Magnesite Price in Serbia (CIF) - 2022
In 2022, the average magnesite import price amounted to $1,411 per ton, picking up by 135% against the previous year. Over the period under review, the import price saw a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($888 per ton), while the price for Italy stood at $397 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnesite Exports in Serbia
Magnesite exports from Serbia amounted to 10K tons in 2022, approximately equating the previous year's figure. Overall, exports posted significant growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, magnesite exports stood at $1.7M in 2022. In general, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Magnesite in Serbia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Poland | N/A | N/A | 1.7 | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | N/A | N/A | 1.7 | 0% | |
Top Export Markets for Magnesite from Serbia in 2022:
- Poland (10.3K tons)
Magnesite Imports in Serbia
In 2022, approx. 15 tons of magnesite were imported into Serbia; falling by -68.7% against the previous year's figure. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 59%. As a result, imports attained the peak of 49 tons, and then declined sharply in the following year.
In value terms, magnesite imports dropped dramatically to $22K in 2022. In general, imports continue to indicate a deep slump. The growth pace was the most rapid in 2020 when imports increased by 4.7% against the previous year. As a result, imports reached the peak of $37K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Magnesite in Serbia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 3.7 | 8.5 | 12.7 | 85.3% |
| China | 16.4 | 21.4 | 0.8 | 1.4 | -56.0% |
| Italy | 15.5 | 8.7 | 14.8 | 0.2 | -76.5% |
| Others | 3.2 | 2.8 | 5.4 | 7.2 | 31.0% |
| Total | 35.1 | 36.8 | 29.4 | 21.6 | -14.9% |
Top Suppliers of Magnesite to Serbia in 2022:
- Spain (14.3 tons)
- Italy (0.6 tons)
- China (0.1 tons)
This report provides an in-depth analysis of the magnesite market in Serbia. 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 2030.
Product coverage:
- UNCode 16390-1 - Magnesite
Country coverage:
- Serbia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Serbia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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