Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela - 2022

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela (CIF) - 2022
  2. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela (CIF) - 2022

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $17,320 per ton, picking up by 1.6% against the previous year. Overall, the import price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2017 an increase of 1.7% against the previous year. The import price peaked at $35,513 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to -8.0% per year.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela

In 2022, approx. 1.9 tons of magnesium; raspings, turnings and granules, graded according to size, powderses were imported into Venezuela; surging by 18% on 2021 figures. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 18%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $33K in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 20%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland19.022.827.432.820.0%
OthersN/AN/AN/AN/A0%
Total19.022.827.432.820.0%

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

  1. Switzerland (1.9 tons)

Source: IndexBox Market Intelligence Platform

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