Czech Republic - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 28, 2024

Czech Republic - Magnesite - Market Analysis, Forecast, Size, Trends And Insights

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Magnesite Price in the Czech Republic - 2023

Contents:

  1. Magnesite Price in the Czech Republic (CIF) - 2022
  2. Magnesite Price in the Czech Republic (FOB) - 2022
  3. Magnesite Imports in the Czech Republic
  4. Magnesite Exports in the Czech Republic

Magnesite Price in the Czech Republic (CIF) - 2022

In 2022, the average magnesite import price amounted to $183 per ton, rising by 15% against the previous year. In general, the import price, however, saw a perceptible contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 101% against the previous year. The import price peaked at $504 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,371 per ton), while the price for Poland ($81 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Magnesite Price in the Czech Republic (FOB) - 2022

The average magnesite export price stood at $11,439 per ton in 2022, jumping by 16% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 99%. As a result, the export price attained the peak level of $12,775 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($27,014 per ton), while the average price for exports to South Africa ($4,121 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 Greece (+46.2%), while the prices for the other major destinations experienced more modest paces of growth.

Magnesite Imports in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in supplies from abroad of magnesite, which decreased by -14.9% to 2.8K tons in 2022. In general, imports showed a abrupt contraction. The smallest decline of -1% was in 2020.

In value terms, magnesite imports dropped modestly to $516K in 2022. Overall, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 12% against the previous year. As a result, imports reached the peak of $526K, and then dropped modestly in the following year.

Import of Magnesite in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia3123473863927.9%
Poland43.235.139.142.3-0.7%
Italy23.921.627.621.3-3.8%
Others12464.373.959.9-21.5%
Total5034685265160.9%

Top Suppliers of Magnesite to the Czech Republic in 2022:

  1. Slovakia (2240.8 tons)
  2. Poland (524.6 tons)
  3. Italy (37.0 tons)

Magnesite Exports in the Czech Republic

In 2022, approx. 1 tons of magnesite were exported from the Czech Republic; waning by -80% on the previous year. Overall, exports continue to indicate a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 66% against the previous year. As a result, the exports attained the peak of 5.1 tons, and then reduced sharply in the following year.

In value terms, magnesite exports declined sharply to $12K in 2022. Over the period under review, exports saw a sharp contraction. The most prominent rate of growth was recorded in 2020 with an increase of 36%.

Export of Magnesite in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia1.00.91.45.778.6%
South AfricaN/AN/A8.32.0-75.9%
UkraineN/A5.51.41.2-53.3%
Poland13.89.19.01.2-55.7%
ItalyN/A0.60.50.3-29.3%
United Kingdom2.41.3N/A0.3-50.0%
Greece5.510.812.50.2-66.9%
Ireland1.53.33.5N/A52.8%
Slovenia1.10.2N/AN/A-81.8%
Romania1.40.61.1N/A-11.4%
Others2.06.712.30.8-26.3%
Total28.739.049.911.6-26.1%

Top Export Markets for Magnesite from the Czech Republic in 2022:

  1. South Africa (476.0 kg)
  2. Slovakia (320.0 kg)
  3. United Kingdom (53.0 kg)
  4. Poland (49.0 kg)
  5. Ukraine (44.0 kg)
  6. Italy (37.0 kg)
  7. Greece (13.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the magnesite market in the Czech Republic. 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:

  • Czech Republic

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in the Czech Republic
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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