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

Contents:

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

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

The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $10,128 per ton in 2022, increasing by 248% against the previous year. Overall, the export price recorded a notable expansion. The growth pace was the most rapid in 2021 an increase of 620% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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 ($10,757 per ton), while the average price for exports to Turkey ($2,201 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 Brazil (+139.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,574 per ton in 2022, surging by 15% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 19% against the previous year. Over the period under review, average import prices reached the maximum at $3,635 per ton in 2012; afterwards, it flattened through to 2022.

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 Singapore ($7,317 per ton), while the price for Switzerland ($3,168 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

After three years of growth, overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by -59.3% to 186 tons in 2022. Over the period under review, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 399%. As a result, the exports attained the peak of 459 tons, and then plummeted in the following year.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $1.9M in 2022. Overall, exports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 3,493% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/AN/A73.41,7862333.2%
BrazilN/AN/A1,22978.5-93.6%
Turkey16.236.731.322.511.6%
Palestine37.90.51.30.6-74.9%
OthersN/AN/A0.3N/A0%
Total54.137.21,3351,888226.8%

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

  1. United States (166.1 tons)
  2. Turkey (10.2 tons)
  3. Brazil (10.1 tons)
  4. Palestine (0.1 tons)

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

In 2022, approx. 355 tons of magnesium; raspings, turnings and granules, graded according to size, powderses were imported into Israel; jumping by 151% against the year before. In general, imports enjoyed significant growth. 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 surged to $1.3M in 2022. Overall, imports enjoyed a significant 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 Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21216630979455.3%
Switzerland26.0N/A4.0287122.7%
China1042861111328.3%
SingaporeN/AN/AN/A39.00%
Others69.024.017.016.0-38.6%
Total4114764411,26845.6%

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

  1. United States (220.1 tons)
  2. Switzerland (90.6 tons)
  3. China (36.6 tons)
  4. Singapore (5.3 tons)

Source: IndexBox Market Intelligence Platform

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