Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Belarus - 2022

Contents:

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

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

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $2,041 per ton, shrinking by -4.1% against the previous year. Over the period under review, the import price saw a noticeable contraction. The pace of growth appeared the most rapid in 2015 an increase of 24%. As a result, import price attained the peak level of $4,502 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($2,006 per ton), while the price for Russia amounted to $1,882 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (-0.9%).

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

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $2,139 per ton, reducing by -5.2% against the previous year. In general, the export price showed a perceptible downturn. The most prominent rate of growth was recorded in 2017 an increase of 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $3,226 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -4.0% per year.

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

For the third year in a row, Belarus recorded decline in supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, which decreased by -14.5% to 2.1 tons in 2022. Overall, imports showed a precipitous shrinkage.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses declined sharply to $4.3K in 2022. In general, imports saw a sharp downturn.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic10960.04.54.0-66.8%
Russia7.41.30.50.2-70.0%
Others2.40.90.30.1-65.3%
Total11962.25.34.3-66.9%

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

  1. Czech Republic (2011.0 kg)
  2. Russia (102.0 kg)

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

For the fourth year in a row, Belarus recorded growth in overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses, which increased by 2.9% to 36 kg in 2022. The total export volume increased at an average annual rate of +1.9% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 2.9% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the near future.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses reduced to $77 in 2022. Over the period under review, exports, however, continue to indicate a noticeable slump. The smallest decline of -2.4% was in 2020.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia84.082.079.077.0-2.9%
OthersN/AN/AN/AN/A0%
Total84.082.079.077.0-2.9%

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

  1. Russia (36.0 kg)

Source: IndexBox Market Intelligence Platform

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