Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina - 2023
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina (CIF) - 2023
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina (CIF) - 2023
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,685 per ton in June 2023, standing approximately at the previous month. In general, the import price continues to indicate a abrupt contraction. Over the period under review, average import prices reached the maximum at $33,527 per ton in March 2023; however, from April 2023 to June 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From June 2022 to June 2023, the rate of growth in terms of prices for China amounted to -7.1% per month.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina
In 2022, after three years of growth, there was significant decline in supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume decreased by -29.6% to 418 tons. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 135% against the previous year. As a result, imports attained the peak of 594 tons, and then dropped markedly in the following year.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses contracted remarkably to $1.4M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 139%. As a result, imports reached the peak of $1.8M, and then declined markedly in the following year.
Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Argentina (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 365 | 391 | 1,610 | 1,268 | 51.5% |
Brazil | 148 | 289 | 140 | 138 | -2.3% |
Slovakia | 95.3 | 44.6 | N/A | N/A | -53.2% |
Others | 8.0 | 23.6 | 39.0 | 20.9 | 37.7% |
Total | 617 | 748 | 1,788 | 1,427 | 32.2% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Argentina in 2022:
- China (384.9 tons)
- Brazil (32.2 tons)
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