Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Denmark - 2023

Contents:

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

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

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $2,168 per ton, waning by -75.9% against the previous year. Overall, the export price, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of 100% against the previous year. The export price peaked at $261,083 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Faroe Islands ($282,000 per ton), while the average price for exports to Greenland totaled $1,085 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Faroe Islands (+295.9%).

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

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $31,850 per ton in 2022, with a decrease of -26.3% against the previous year. Overall, the import price, however, recorded a buoyant increase. The growth pace was the most rapid in 2015 an increase of 206% against the previous year. The import price peaked at $71,789 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +1.7% per year.

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

In 2022, exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Denmark soared to 1.6 tons, jumping by 79,750% against the previous year. Over the period under review, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $3.5K in 2022. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 59,867% against the previous year. As a result, the exports reached the peak of $5.4K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GreenlandN/AN/AN/A1.70%
Faroe IslandsN/A5.4N/A0.6-66.7%
OthersN/AN/AN/A1.20%
TotalN/A5.4N/A3.5-19.5%

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

  1. Greenland (1590.0 kg)
  2. Faroe Islands (2.0 kg)

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

In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses imported into Denmark shrank significantly to 20 kg, with a decrease of -44.4% against the previous year's figure. Over the period under review, imports continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses plummeted to $637 in 2022. Overall, imports saw a dramatic decline. The pace of growth appeared the most rapid in 2021 with an increase of 14% against the previous year.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Denmark (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,9171,3261,515637-30.7%
Hong Kong SAR527N/AN/AN/A0%
Belgium98.0N/A11.0N/A-66.5%
SwedenN/A13.017.0N/A30.8%
France12.025.013.0N/A4.1%
OthersN/AN/AN/AN/A0%
Total2,5541,3641,556637-37.1%

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

  1. Germany (20.0 kg)

Source: IndexBox Market Intelligence Platform

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