Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Vietnam - 2022
Contents:
- Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Vietnam (CIF) - 2022
- Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Vietnam
Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Vietnam (CIF) - 2022
The average import price for magnesium; raspings, turnings and granules, graded according to size, powderses stood at $4,486 per ton in 2022, picking up by 32% against the previous year. Overall, the import price, however, recorded a slight downturn. Over the period under review, average import prices reached the maximum at $5,322 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($4,783 per ton), while the price for Japan ($2,954 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) (+11.6%), while the prices for the other major suppliers experienced a decline.
Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Vietnam
Imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Vietnam skyrocketed to 994 tons in 2022, increasing by 34% against 2021. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +8.8% 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 +57.0% against 2020 indices. As a result, imports attained 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 surged to $4.5M in 2022. Over the period under review, imports showed a significant expansion. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,264 | 1,182 | 2,219 | 4,160 | 48.7% |
| Taiwan (Chinese) | 183 | 158 | 212 | 186 | 0.5% |
| South Korea | 647 | 258 | 34.0 | 74.9 | -51.3% |
| Japan | 27.0 | 49.6 | 42.0 | 26.7 | -0.4% |
| Others | 10.2 | 7.2 | 9.7 | 11.8 | 5.0% |
| Total | 2,131 | 1,654 | 2,517 | 4,459 | 27.9% |
Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Vietnam in 2022:
- China (919.4 tons)
- Taiwan (Chinese) (38.8 tons)
- South Korea (24.8 tons)
- Japan (9.0 tons)
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