Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey - 2024
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey (CIF) - 2024
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey (FOB) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey
- Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey (CIF) - 2024
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $3,085 per ton in January 2024, declining by -2.9% against the previous month. Over the period under review, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 5.8% month-to-month. Over the period under review, average import prices attained the peak figure at $3,959 per ton in February 2023; however, from March 2023 to January 2024, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Russia ($6,527 per ton), while the price for Taiwan (Chinese) ($750 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Russia (+2.7%), while the prices for the other major suppliers experienced a decline.
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey (FOB) - 2022
The average export price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $4,811 per ton in 2022, with an increase of 23% against the previous year. Overall, the export price posted moderate growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by 42% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($10,818 per ton), while the average price for exports to Romania ($2,358 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 Chile (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey
In 2022, supplies from abroad of magnesium; raspings, turnings and granules, graded according to size, powderses was finally on the rise to reach 25K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a significant expansion. 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 $84M in 2022. In general, imports recorded significant growth. 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 Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.7 | 21.2 | 20.0 | 80.1 | 37.7% |
| Russia | 0.4 | 0.4 | 2.3 | 1.3 | 48.1% |
| United States | N/A | 0.1 | 0.1 | 1.0 | 216.2% |
| Others | 0.3 | 0.1 | 0.4 | 1.2 | 58.7% |
| Total | 31.5 | 21.9 | 22.8 | 83.6 | 38.5% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Turkey in 2022:
- China (23.7K tons)
- United States (1.0K tons)
- Russia (0.2K tons)
Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey
In 2022, the amount of magnesium; raspings, turnings and granules, graded according to size, powderses exported from Turkey surged to 4.7K tons, jumping by 80% compared with the year before. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses surged to $22M in 2022. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.4 | 2.3 | 4.2 | 13.9 | 79.6% |
| United States | 0.3 | 0.2 | 0.1 | 3.4 | 124.6% |
| United Kingdom | N/A | N/A | 2.7 | 1.5 | -44.4% |
| Mexico | N/A | N/A | 0.2 | 1.1 | 450.0% |
| Brazil | 4.0 | 3.7 | 1.7 | 0.7 | -44.1% |
| Romania | N/A | N/A | N/A | 0.7 | 0% |
| Chile | 0.3 | 0.4 | 0.3 | 0.7 | 32.6% |
| Italy | 0.6 | 0.5 | 0.5 | 0.4 | -12.6% |
| Others | 0.2 | 0.4 | 0.5 | 0.1 | -20.6% |
| Total | 7.9 | 7.5 | 10.1 | 22.4 | 41.5% |
Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Turkey in 2022:
- Germany (3031.7 tons)
- United States (581.1 tons)
- United Kingdom (353.8 tons)
- Romania (279.5 tons)
- Brazil (138.6 tons)
- Mexico (100.7 tons)
- Chile (84.0 tons)
- Italy (71.2 tons)
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