Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Egypt - 2023
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Egypt (CIF) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Egypt
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Egypt (CIF) - 2022
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $4,406 per ton in 2022, surging by 38% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for magnesium; raspings, turnings and granules, graded according to size, powderses increased by +92.3% against 2015 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Germany ($30,986 per ton), while the price for Austria ($2,306 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Egypt
In 2022, approx. 29 tons of magnesium; raspings, turnings and granules, graded according to size, powderses were imported into Egypt; jumping by 561% on the previous year's figure. Overall, imports enjoyed a modest increase.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $130K in 2022. In general, imports continue to indicate a strong increase. As a result, imports reached 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 Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 30.9 | 32.2 | 5.2 | 37.3 | 6.5% |
| Switzerland | 35.1 | 33.6 | 4.9 | 33.4 | -1.6% |
| Germany | 3.0 | 4.4 | 1.0 | 16.0 | 74.7% |
| China | 5.9 | 3.4 | 0.9 | 15.9 | 39.2% |
| Turkey | 8.1 | 9.2 | 1.6 | 15.2 | 23.3% |
| India | N/A | N/A | N/A | 7.6 | 0% |
| United States | 3.0 | 3.2 | 0.5 | 4.0 | 10.1% |
| Others | 0.1 | 0.4 | 0.1 | 0.4 | 58.7% |
| Total | 86.1 | 86.4 | 14.2 | 130 | 14.7% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Egypt in 2022:
- Austria (16.2 tons)
- Switzerland (5.3 tons)
- China (5.0 tons)
- India (1.1 tons)
- United States (0.8 tons)
- Turkey (0.6 tons)
- Germany (0.5 tons)
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