Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia - 2024

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (CIF) - 2022
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (CIF) - 2022

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $5,056 per ton in 2022, with a decrease of -41.2% against the previous year. Over the period under review, the import price saw a abrupt curtailment. The pace of growth was the most pronounced in 2013 an increase of 59%. As a result, import price attained the peak level of $21,155 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

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 Austria ($11,542 per ton), while the price for China ($4,857 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+2.7%), while the prices for the other major suppliers experienced a decline.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (FOB) - 2022

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $1,202 per ton in 2022, almost unchanged from the previous year. In general, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2014 when the average export price increased by 43%. As a result, the export price attained the peak level of $4,113 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

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 the United States ($14,667 per ton), while the average price for exports to the Netherlands ($892 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 the United States (+11.4%), while the prices for the other major destinations experienced a decline.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia

In 2022, imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Australia surged to 488 tons, picking up by 870% on the year before. 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.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $2.5M in 2022. Overall, imports recorded significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China56.626.916.61,067166.1%
United States59495636297918.1%
Hong Kong SARN/AN/AN/A3410%
CanadaN/A19.4N/AN/A0%
Others40.144.853.678.825.3%
Total6911,0474332,46752.8%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Australia in 2022:

  1. China (219.8 tons)
  2. United States (191.5 tons)
  3. Hong Kong SAR (68.8 tons)

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia

In 2022, overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by 0% to 1.4 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports faced a dramatic shrinkage. The smallest decline of 99.9% was in 2020.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $1.7K in 2022. Overall, exports faced a dramatic decline. The smallest decline of 99.9% was in 2020.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands12.3N/AN/A1.2-54.0%
Germany0.3N/AN/AN/A0%
United States9.2N/AN/AN/A0%
Others3.2N/AN/A0.4-50.0%
Total25.0N/AN/A1.7-59.2%

Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Australia in 2022:

  1. Netherlands (1349.0 kg)
  2. Germany (15.0 kg)
  3. United States (3.0 kg)

Source: IndexBox Market Intelligence Platform

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