Switzerland - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesium Price in Switzerland - 2023
Contents:
- Magnesium Price in Switzerland (CIF) - 2023
- Magnesium Price in Switzerland (FOB) - 2022
- Magnesium Imports in Switzerland
- Magnesium Exports in Switzerland
Magnesium Price in Switzerland (CIF) - 2023
In September 2023, the average magnesium import price amounted to $3,688 per ton, increasing by 14% against the previous month. Over the period under review, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 20% month-to-month. The import price peaked at $4,350 per ton in September 2022; however, from October 2022 to September 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was China ($4,392 per ton), while the price for the Czech Republic totaled $2,431 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Israel (+3.7%), while the prices for the other major suppliers experienced a decline.
Magnesium Price in Switzerland (FOB) - 2022
The average magnesium export price stood at $6,913 per ton in 2022, increasing by 42% against the previous year. In general, the export price enjoyed measured growth. The pace of growth was the most pronounced in 2021 when the average export price increased by 79%. The export price peaked in 2022 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($7,623 per ton), while the average price for exports to the Netherlands ($3,769 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 Austria (+8.1%), while the prices for the other major destinations experienced mixed trend patterns.
Magnesium Imports in Switzerland
Magnesium imports into Switzerland surged to 8.2K tons in 2022, growing by 69% against the previous year. Overall, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, magnesium imports skyrocketed to $35M in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Magnesium in Switzerland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 7.1 | 2.1 | 3.9 | 14.3 | 26.3% |
Czech Republic | 0.2 | 1.1 | 4.4 | 11.0 | 280.3% |
Israel | 2.4 | 2.3 | 3.0 | 8.4 | 51.8% |
Austria | 0.1 | N/A | 0.2 | 0.7 | 91.3% |
Germany | 2.6 | 2.0 | 0.4 | N/A | -60.8% |
Others | 2.6 | 2.4 | 1.5 | 0.4 | -46.4% |
Total | 15.0 | 10.0 | 13.3 | 34.7 | 32.3% |
Top Suppliers of Magnesium to Switzerland in 2022:
- Germany (undefinedK tons)
- Czech Republic (3.4K tons)
- Israel (2.4K tons)
- China (2.1K tons)
- Austria (0.2K tons)
Magnesium Exports in Switzerland
In 2022, after three years of growth, there was significant decline in overseas shipments of magnesium, when their volume decreased by -28.8% to 310 tons. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 74%. As a result, the exports attained the peak of 435 tons, and then reduced notably in the following year.
In value terms, magnesium exports totaled $2.1M in 2022. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 212%. The exports peaked in 2022 and are likely to see steady growth in years to come.
Export of Magnesium in Switzerland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 53.2 | 52.0 | 14.3 | 1,638 | 213.4% |
Austria | 0.6 | 0.6 | 1,671 | 417 | 785.8% |
Netherlands | N/A | N/A | N/A | 84.8 | 0% |
Germany | 98.5 | N/A | 114 | N/A | 7.6% |
Israel | 202 | 571 | 155 | N/A | -12.4% |
Others | 82.0 | 57.5 | 170 | 2.5 | -68.8% |
Total | 436 | 681 | 2,124 | 2,142 | 70.0% |
Top Export Markets for Magnesium from Switzerland in 2022:
- France (214.8 tons)
- Austria (72.0 tons)
- Netherlands (22.5 tons)
This report provides an in-depth analysis of the magnesium market in Switzerland. 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:
- Switzerland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Switzerland
- 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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