Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia - 2022
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia (FOB) - 2022
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia (CIF) - 2022
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia (FOB) - 2022
The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $6,808 per ton in 2022, increasing by 82% against the previous year. Overall, the export price showed a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($9,340 per ton), while the average price for exports to Brazil ($4,988 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 (+41.5%), 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 Russia (CIF) - 2022
In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $4,505 per ton, rising by 6.7% against the previous year. In general, the import price recorded a temperate expansion. The growth pace was the most rapid in 2021 an increase of 96% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.8% per year.
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia
In 2022, after three years of growth, there was significant decline in shipments abroad of magnesium; raspings, turnings and granules, graded according to size, powderses, when their volume decreased by -74.7% to 645 tons. In general, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 286% against the previous year.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses dropped rapidly to $4.4M in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 227% against the previous year.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 554 | 607 | 3,323 | 1,455 | 38.0% |
| Turkey | 397 | 389 | 2,279 | 1,256 | 46.8% |
| Japan | 154 | 516 | 237 | 557 | 53.5% |
| Brazil | N/A | 1,285 | 2,951 | 439 | -41.6% |
| United Kingdom | N/A | 829 | N/A | 326 | -37.3% |
| Poland | N/A | 175 | 512 | 274 | 25.1% |
| Others | 138 | 266 | 223 | 84.4 | -15.1% |
| Total | 1,242 | 4,067 | 9,526 | 4,391 | 52.3% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Russia in 2022:
- Turkey (214.6 tons)
- Germany (174.0 tons)
- Brazil (88.0 tons)
- United Kingdom (61.1 tons)
- Japan (59.6 tons)
- Poland (42.6 tons)
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Russia
In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses imported into Russia surged to 192 tons, growing by 361% against 2021. Overall, imports continue to indicate a slight expansion.
In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses soared to $865K in 2022. Over the period under review, imports posted 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 Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 454 | 639 | 175 | 865 | 24.0% |
| Others | 1.9 | 2.2 | 0.8 | 0.2 | -52.8% |
| Total | 456 | 641 | 176 | 865 | 23.8% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Russia in 2022:
- China (192.0 tons)
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