Price for Magnesium; Waste and Scrap in Greece - 2022

Contents:

  1. Price for Magnesium; Waste and Scrap in Greece (CIF) - 2022
  2. Imports of Magnesium; Waste and Scrap in Greece

Price for Magnesium; Waste and Scrap in Greece (CIF) - 2022

In 2022, the average magnesium; waste and scrap import price amounted to $7,958 per ton, leveling off at the previous year. In general, the import price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 9.4% against the previous year. Over the period under review, average import prices attained the peak figure at $8,032 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Bulgaria ($8,245 per ton), while the price for the Netherlands amounted to $517 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+10.5%).

Imports of Magnesium; Waste and Scrap in Greece

In 2022, after two years of decline, there was significant decline in purchases abroad of magnesium; waste and scraps, when their volume decreased by -49.5% to 48 kg. Overall, imports continue to indicate a dramatic shrinkage.

In value terms, magnesium; waste and scrap imports contracted rapidly to $382 in 2022. In general, imports showed a precipitous descent.

Import of Magnesium; Waste and Scrap in Greece (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bulgaria1,823N/A763381-40.7%
NetherlandsN/AN/AN/A1.00%
OthersN/AN/AN/AN/A0%
Total1,823N/A763382-40.6%

Top Suppliers of Magnesium; Waste and Scrap to Greece in 2022:

  1. Bulgaria (46.0 kg)
  2. Netherlands (2.0 kg)

Source: IndexBox Market Intelligence Platform

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