Germany - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesium Price in Germany - 2023
Contents:
- Magnesium Price in Germany (CIF) - 2023
- Magnesium Price in Germany (FOB) - 2023
- Magnesium Imports in Germany
- Magnesium Exports in Germany
Magnesium Price in Germany (CIF) - 2023
The average magnesium import price stood at $3,894 per ton in August 2023, waning by -4.7% against the previous month. Overall, the import price showed a pronounced contraction. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 28% m-o-m. The import price peaked at $6,150 per ton in September 2022; however, from October 2022 to August 2023, import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the highest price was recorded for prices from the Czech Republic ($4,139 per ton) and the Netherlands ($3,991 per ton), while the price for China ($3,409 per ton) and Austria ($3,505 per ton) were amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (-1.9%), while the prices for the other major suppliers experienced a decline.
Magnesium Price in Germany (FOB) - 2023
The average magnesium export price stood at $4,465 per ton in August 2023, reducing by -32% against the previous month. In general, the export price recorded a perceptible decrease. The pace of growth appeared the most rapid in July 2023 when the average export price increased by 45% month-to-month. Over the period under review, the average export prices attained the maximum at $9,146 per ton in September 2022; however, from October 2022 to August 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In August 2023, the country with the highest price was Austria ($6,932 per ton), while the average price for exports to Poland ($3,256 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Russia (0.0%), while the prices for the other major destinations experienced a decline.
Magnesium Imports in Germany
In 2022, magnesium imports into Germany skyrocketed to 78K tons, with an increase of 97% compared with the previous year's figure. Over the period under review, imports showed a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, magnesium imports soared to $258M in 2022. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Magnesium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 19.3 | 50.5 | 68.5 | 168 | 105.7% |
| Austria | 14.2 | 15.9 | 22.0 | 31.3 | 30.1% |
| China | 75.4 | 12.5 | 15.5 | 26.0 | -29.9% |
| Luxembourg | N/A | 0.5 | 1.3 | 8.9 | 321.9% |
| Czech Republic | 8.9 | 2.3 | 2.2 | 0.1 | -77.6% |
| Others | 8.4 | 7.7 | 11.5 | 23.3 | 40.5% |
| Total | 126 | 89.3 | 121 | 258 | 27.0% |
Top Suppliers of Magnesium to Germany in 2022:
- Czech Republic (undefinedK tons)
- Netherlands (58.4K tons)
- Austria (7.5K tons)
- China (5.3K tons)
- Luxembourg (1.5K tons)
Magnesium Exports in Germany
In 2022, shipments abroad of magnesium increased by 113% to 10K tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, continue to indicate a abrupt curtailment.
In value terms, magnesium exports skyrocketed to $51M in 2022. Overall, exports continue to indicate a prominent increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.3 | 8.0 | 6.4 | 24.0 | 48.7% |
| Romania | 0.9 | 0.8 | N/A | 9.4 | 118.6% |
| Italy | 3.4 | 2.6 | 2.1 | 5.5 | 17.4% |
| Austria | 1.3 | 2.3 | 4.5 | 5.4 | 60.7% |
| Sweden | 1.8 | 1.1 | 2.0 | 2.7 | 14.5% |
| Czech Republic | 2.4 | 2.4 | 2.6 | 1.1 | -22.9% |
| Brazil | 0.2 | 0.3 | 0.6 | 0.5 | 35.7% |
| Poland | 1.9 | 1.7 | 1.2 | 0.5 | -35.9% |
| Netherlands | 2.4 | 0.8 | 0.5 | 0.1 | -65.3% |
| Hungary | 1.9 | 0.2 | 0.3 | 0.1 | -62.5% |
| Belgium | 1.7 | 1.1 | 0.4 | N/A | -51.5% |
| Switzerland | 3.8 | 3.3 | 0.4 | N/A | -67.6% |
| United Kingdom | 2.1 | 0.4 | 0.1 | N/A | -78.2% |
| Others | 5.0 | 4.3 | 2.8 | 1.9 | -27.6% |
| Total | 36.1 | 29.2 | 23.8 | 51.1 | 12.3% |
Top Export Markets for Magnesium from Germany in 2022:
- Belgium (undefined tons)
- United States (4384.7 tons)
- Romania (3333.7 tons)
- Italy (891.0 tons)
- Austria (504.7 tons)
- Czech Republic (438.5 tons)
- Sweden (314.2 tons)
- Brazil (166.3 tons)
- Poland (100.2 tons)
- Netherlands (25.1 tons)
- Hungary (7.2 tons)
- Switzerland (6.9 tons)
This report provides an in-depth analysis of the magnesium market in Germany. 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:
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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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