Vietnam - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingMagnesite Price in Vietnam - 2022
Contents:
- Magnesite Price in Vietnam (CIF) - 2022
- Magnesite Price in Vietnam (FOB) - 2022
- Magnesite Imports in Vietnam
- Magnesite Exports in Vietnam
Magnesite Price in Vietnam (CIF) - 2022
In 2022, the average magnesite import price amounted to $365 per ton, falling by -29.3% against the previous year. Over the period under review, the import price continues to indicate a mild decline. The growth pace was the most rapid in 2017 when the average import price increased by 46%. As a result, import price reached the peak level of $568 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($720 per ton), while the price for China ($113 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnesite Price in Vietnam (FOB) - 2022
In 2022, the average magnesite export price amounted to $2,045 per ton, reducing by -7.9% against the previous year. Over the period under review, export price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnesite export price increased by +11.2% against 2020 indices. The pace of growth appeared the most rapid in 2013 when the average export price increased by 136%. As a result, the export price reached the peak level of $3,096 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Malaysia ($2,076 per ton), while the average price for exports to Austria totaled $1,079 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.5%).
Magnesite Imports in Vietnam
In 2022, approx. 337 tons of magnesite were imported into Vietnam; increasing by 6.4% against 2021 figures. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 1,187% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, magnesite imports dropped significantly to $123K in 2022. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 1,283% against the previous year.
| Import of Magnesite in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 1.4 | 14.4 | 16.2 | 42.4 | 211.7% |
| Netherlands | 3.2 | 59.3 | 35.9 | 28.2 | 106.6% |
| China | 1.1 | 5.5 | 5.2 | 16.5 | 146.6% |
| Greece | 0.2 | 2.2 | 2.2 | 5.4 | 200.0% |
| Others | 0.1 | 1.1 | 104 | 30.4 | 572.4% |
| Total | 6.0 | 82.5 | 163 | 123 | 173.7% |
Top Suppliers of Magnesite to Vietnam in 2022:
- China (147.0 tons)
- Malaysia (58.9 tons)
- Netherlands (58.0 tons)
- Greece (11.1 tons)
Magnesite Exports in Vietnam
In 2022, overseas shipments of magnesite were finally on the rise to reach 82 tons after two years of decline. Overall, exports, however, saw a deep contraction.
In value terms, magnesite exports fell to $168K in 2022. Over the period under review, exports, however, faced a abrupt contraction. The pace of growth was the most pronounced in 2021 when exports increased by 13%.
| Export of Magnesite in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 224 | 132 | 176 | 164 | -9.9% |
| Austria | 0.5 | 1.8 | 1.8 | 1.7 | 50.4% |
| Indonesia | 7.4 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 24.1 | N/A | N/A | 0% |
| Others | 0.8 | 0.2 | 0.4 | 1.7 | 28.6% |
| Total | 233 | 158 | 178 | 168 | -10.3% |
Top Export Markets for Magnesite from Vietnam in 2022:
- Malaysia (79.2 tons)
- Austria (1.6 tons)
This report provides an in-depth analysis of the magnesite market in Vietnam. 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:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- 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.
-
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
-
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
-
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
-
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
-
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
-
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
-
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
686
This report provides an in-depth analysis of the magnesite market in Vietnam.
454
This report provides an in-depth analysis of the market for silicon-electrical steel flat-rolled product in Vietnam.
305
This report provides an in-depth analysis of the non-electric pulley tackle market in Vietnam.
1825
This report provides an in-depth analysis of the global magnesite market.
895
This report provides an in-depth analysis of the global market for silicon-electrical steel flat-rolled product.
292
Global Electronic Thermometer Market Report 2018. This report provides an in-depth analysis of the global electronic thermometer market.
501
This report provides an in-depth analysis of the global non-electric pulley tackle market.
686
This report provides an in-depth analysis of the magnesite market in Vietnam.
1825
This report provides an in-depth analysis of the global magnesite market.
106
Global demand for magnesite is on the rise, with market consumption expected to continue growing at a steady pace over the next seven years. By 2030, market volume is projected to reach 35M tons, with a value of $7.6B. China leads as both the largest consumer and producer of magnesite. Imports and exports of magnesite have also seen significant growth, particularly in countries like Indonesia and Japan.
304
Magnesite is a mineral with multiple applications, serving as a crucial raw material in various industries. This article explores the top import markets for magnesite, including Indonesia, Japan, the United States, Russia, and Poland. These countries have strong industrial sectors that drive the demand for magnesite, making them attractive markets for importers. Stay ahead of the competition and seize emerging opportunities by monitoring market dynamics through platforms like IndexBox.
2821
In 2016, the amount of magnesite imported worldwide stood at X tons, waning by -X% against the previous year level. Overall, magnesite imports continue to indicate a measured slump. The pace of...
1323
In 2016, the amount of magnesite imported worldwide stood at X tons, waning by -X% against the previous year level. Overall, magnesite imports continue to indicate a measured slump. The pace of...
1733
Ireland dominates in the global magnesite trade. In 2014, Ireland exported X tons of magnesite totaling X thousand USD, a staggering X% over the previous year. Its primary trading partner was India, where it supplied X% of its total magn
163
Explore the world's leading import markets for silicon-electrical steel flat-rolled products. Discover key statistics and market insights on IndexBox platform.
1073
Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
985
Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
106
Global demand for magnesite is on the rise, with market consumption expected to continue growing at a steady pace over the next seven years. By 2030, market volume is projected to reach 35M tons, with a value of $7.6B. China leads as both the largest consumer and producer of magnesite. Imports and exports of magnesite have also seen significant growth, particularly in countries like Indonesia and Japan.
304
Magnesite is a mineral with multiple applications, serving as a crucial raw material in various industries. This article explores the top import markets for magnesite, including Indonesia, Japan, the United States, Russia, and Poland. These countries have strong industrial sectors that drive the demand for magnesite, making them attractive markets for importers. Stay ahead of the competition and seize emerging opportunities by monitoring market dynamics through platforms like IndexBox.
