Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand - 2024
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand (CIF) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand (CIF) - 2022
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $6,772 per ton in 2022, with an increase of 16% against the previous year. In general, the import price, however, saw a mild reduction. The pace of growth was the most pronounced in 2016 an increase of 58%. Over the period under review, average import prices hit record highs at $15,446 per ton in 2017; however, from 2018 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 Switzerland ($34,917 per ton), while the price for Australia ($2,389 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+16.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand
For the third year in a row, New Zealand recorded decline in purchases abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, which decreased by -20.4% to 7.6 tons in 2022. In general, imports recorded a abrupt slump. The smallest decline of -2.1% was in 2021.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses shrank to $52K in 2022. Over the period under review, imports faced a abrupt contraction.
Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 11.6 | 16.2 | 20.3 | 27.4 | 33.2% |
Australia | 20.7 | 13.7 | 8.1 | 5.1 | -37.3% |
Switzerland | 9.5 | 7.4 | 5.1 | 3.8 | -26.3% |
China | 0.2 | 3.1 | 3.7 | 0.2 | 0.0% |
Others | 32.2 | 26.0 | 19.0 | 15.0 | -22.5% |
Total | 74.2 | 66.4 | 56.1 | 51.6 | -11.4% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to New Zealand in 2022:
- United States (5.2 tons)
- Australia (2.2 tons)
- Switzerland (0.1 tons)
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