Czech Republic - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesium Price in the Czech Republic - 2023
Contents:
- Magnesium Price in the Czech Republic (FOB) - 2023
- Magnesium Price in the Czech Republic (CIF) - 2023
- Magnesium Exports in the Czech Republic
- Magnesium Imports in the Czech Republic
Magnesium Price in the Czech Republic (FOB) - 2023
The average magnesium export price stood at $3,712 per ton in August 2023, dropping by -4.2% against the previous month. In general, the export price continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in September 2022 an increase of 17% month-to-month. As a result, the export price attained the peak level of $6,253 per ton. From October 2022 to August 2023, the the average export prices remained at a 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 the United States ($4,783 per ton), while the average price for exports to Switzerland ($1,242 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 Switzerland (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.
Magnesium Price in the Czech Republic (CIF) - 2023
In August 2023, the average magnesium import price amounted to $3,761 per ton, which is down by -6.5% against the previous month. Overall, the import price saw a perceptible decrease. The pace of growth was the most pronounced in April 2023 when the average import price increased by 7.9% m-o-m. The import price peaked at $6,021 per ton in August 2022; however, from September 2022 to August 2023, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In August 2023, the countries with the highest prices were Germany ($4,619 per ton) and Austria ($4,209 per ton), while the price for the Netherlands ($3,654 per ton) and China ($3,699 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 Germany (-2.5%), while the prices for the other major suppliers experienced a decline.
Magnesium Exports in the Czech Republic
Magnesium exports from the Czech Republic skyrocketed to 18K tons in 2022, growing by 58% compared with 2021. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 73%. Over the period under review, the exports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, magnesium exports soared to $96M in 2022. Overall, exports posted significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.6 | 7.0 | 17.2 | 74.8 | 260.2% |
| Germany | 14.7 | 6.2 | 3.8 | 8.2 | -17.7% |
| Austria | 0.8 | 0.9 | 1.4 | 3.8 | 68.1% |
| Spain | N/A | N/A | 1.9 | 3.7 | 94.7% |
| Romania | N/A | N/A | 0.6 | 2.4 | 300.0% |
| Italy | 0.6 | 2.9 | 1.1 | 1.2 | 26.0% |
| Switzerland | N/A | 0.1 | 1.3 | 1.1 | 231.7% |
| Others | 2.6 | 2.3 | 9.3 | 1.1 | -24.9% |
| Total | 20.4 | 19.3 | 36.5 | 96.3 | 67.8% |
Top Export Markets for Magnesium from the Czech Republic in 2022:
- United States (10.1K tons)
- Germany (3.3K tons)
- Switzerland (2.1K tons)
- Austria (0.6K tons)
- Spain (0.6K tons)
- Romania (0.5K tons)
- Italy (0.4K tons)
Magnesium Imports in the Czech Republic
For the fourth consecutive year, the Czech Republic recorded growth in supplies from abroad of magnesium, which increased by 458% to 28K tons in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, magnesium imports surged to $97M in 2022. Over the period under review, imports showed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Magnesium in the Czech Republic (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 1.8 | 8.4 | 81.5 | 148.7% |
| Netherlands | 0.2 | 1.7 | 3.6 | 8.9 | 254.4% |
| Germany | N/A | 0.9 | 1.5 | 1.1 | 10.6% |
| Others | 1.2 | 2.1 | 2.5 | 5.2 | 63.0% |
| Total | 6.7 | 6.4 | 16.0 | 96.7 | 143.5% |
Top Suppliers of Magnesium to the Czech Republic in 2022:
- China (24.5K tons)
- Netherlands (1.8K tons)
- Germany (0.5K tons)
This report provides an in-depth analysis of the magnesium 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:
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:
- 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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