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

Contents:

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

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

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $26,898 per ton in 2022, growing by 2.9% against the previous year. Over the period under review, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 566%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($33,507 per ton), while the price for Sweden ($11,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.5%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $1,429 per ton in 2022, surging by 9.2% against the previous year. In general, export price indicated a significant expansion from 2020 to 2022: its price increased at an average annual rate of +22.0% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for magnesium; raspings, turnings and granules, graded according to size, powderses increased by +48.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 36% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

From 2020 to 2022, the rate of growth in terms of prices for Lithuania amounted to +36.0% per year.

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

In 2022, approx. 186 kg of magnesium; raspings, turnings and granules, graded according to size, powderses were imported into Finland; shrinking by -36.7% on the previous year. Over the period under review, imports saw a dramatic shrinkage. The growth pace was the most rapid in 2021 when imports increased by 34%.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses fell rapidly to $5K in 2022. Overall, imports saw a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 80% against the previous year.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1.0N/AN/A2.535.7%
Germany3.93.77.42.4-14.9%
Austria235N/AN/AN/A0%
Sweden0.40.20.3N/A-13.4%
Others0.90.3N/AN/A-66.7%
Total2414.37.75.0-72.5%

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

  1. Germany (107.0 kg)
  2. Japan (75.0 kg)
  3. Sweden (4.0 kg)

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

After two years of growth, overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by -99.9% to 7 kg in 2022. Over the period under review, exports recorded a dramatic shrinkage. The growth pace was the most rapid in 2021 when exports increased by 3,940%. As a result, the exports reached the peak of 10 tons, and then declined remarkably in the following year.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses dropped sharply to $10 in 2022. In general, exports showed a sharp downturn. The pace of growth was the most pronounced in 2021 when exports increased by 5,404% against the previous year. As a result, the exports attained the peak of $13K, and then shrank significantly in the following year.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Finland (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Lithuania0.213.2N/A6500.0%
NetherlandsN/AN/AN/A0%
OthersN/AN/AN/A0%
Total0.213.2N/A6500.0%

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

  1. Netherlands (7.0 kg)

Source: IndexBox Market Intelligence Platform

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