Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia - 2023
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia (CIF) - 2022
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia (FOB) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia (CIF) - 2022
In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $12,732 per ton, increasing by 14% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 328% against the previous year. Over the period under review, average import prices hit record highs at $19,471 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 the United States ($18,950 per ton), while the price for Estonia ($2,788 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.0%).
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia (FOB) - 2022
In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $3,871 per ton, shrinking by -56.5% against the previous year. Over the period under review, the export price, however, recorded a moderate expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 219%. As a result, the export price reached the peak level of $8,895 per ton, and then contracted significantly in the following year.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($4,800 per ton), while the average price for exports to Germany ($3,250 per ton) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+8.5%).
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia
In 2022, purchases abroad of magnesium; raspings, turnings and granules, graded according to size, powderses increased by 7,228% to 12 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports enjoyed a significant increase. 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 skyrocketed to $149K in 2022. Overall, imports continue to indicate a significant expansion. 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 Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 137 | 0% |
| Estonia | N/A | N/A | N/A | 12.3 | 0% |
| Poland | 0.6 | 0.5 | 0.4 | 0.3 | -20.6% |
| Others | 0.2 | N/A | 1.4 | 0.1 | -20.6% |
| Total | 0.8 | 0.5 | 1.8 | 149 | 471.1% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Latvia in 2022:
- United States (7.2 tons)
- Estonia (4.4 tons)
- Poland (0.1 tons)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia
In 2022, after two years of decline, there was significant growth in overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume increased by 6.3% to 101 kg. Overall, exports, however, faced a abrupt decrease.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses shrank significantly to $391 in 2022. Over the period under review, exports, however, saw a deep setback. The most prominent rate of growth was recorded in 2021 when exports increased by 121% against the previous year. As a result, the exports attained the peak of $845, and then fell notably in the following year.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Latvia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 452 | 382 | 250 | 265 | -16.3% |
| Germany | N/A | N/A | N/A | 78.0 | 0% |
| Poland | N/A | N/A | N/A | 48.0 | 0% |
| Norway | N/A | N/A | 589 | N/A | 0% |
| Lithuania | 38.0 | N/A | 6.0 | N/A | -60.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 490 | 382 | 845 | 391 | -7.2% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Latvia in 2022:
- Estonia (67.0 kg)
- Germany (24.0 kg)
- Poland (10.0 kg)
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