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

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic (CIF) - 2023
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic (CIF) - 2023

In December 2023, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $4,894 per ton, with a decrease of -4.5% against the previous month. In general, the import price showed a pronounced descent. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 11% against the previous month. The import price peaked at $6,490 per ton in January 2023; however, from February 2023 to December 2023, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From December 2022 to December 2023, the rate of growth in terms of prices for China amounted to +27.3% per month.

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

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $11,238 per ton, jumping by 229% against the previous year. Overall, the export price, however, saw a abrupt curtailment. The export price peaked at $57,000 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Greece ($21,000 per ton), while the average price for exports to Ukraine totaled $10,750 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+11.2%).

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic

In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses imported into the Czech Republic rose markedly to 689 tons, surging by 11% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 18%. As a result, imports reached the peak of 788 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $4.6M in 2022. Over the period under review, imports showed significant growth. As a result, imports attained 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 the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1542,2622,4893,688188.2%
China1,9763.121.3668-30.3%
SloveniaN/AN/AN/A62.20%
Switzerland78.482.795.945.0-16.9%
Italy14984.119.9N/A-63.5%
Others97.168.339.397.90.3%
Total2,4552,5002,6664,56022.9%

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

  1. Germany (580.0 tons)
  2. China (80.1 tons)
  3. Slovenia (15.0 tons)
  4. Switzerland (7.8 tons)

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic

In 2022, shipments abroad of magnesium; raspings, turnings and granules, graded according to size, powderses decreased by -99.9% to 21 kg, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a significant decline. The pace of growth appeared the most rapid in 2020 when exports increased by 82% against the previous year. As a result, the exports reached the peak of 83 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses dropped remarkably to $236 in 2022. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. As a result, the exports attained the peak of $209K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
UkraineN/AN/AN/A0.20%
Belarus11020547.8N/A-34.1%
GreeceN/A0.10.3N/A200.0%
Others3.53.539.5N/A235.9%
Total11420987.60.2-87.9%

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

  1. Ukraine (20.0 kg)
  2. Greece (1.0 kg)

Source: IndexBox Market Intelligence Platform

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