Price for Magnesium; Waste and Scrap in Portugal - 2023

Contents:

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

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

The average magnesium; waste and scrap import price stood at $4,929 per ton in 2022, surging by 3.6% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 4.4% against the previous year. Over the period under review, average import prices reached the peak figure at $5,365 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2013 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +19.6% per year.

Imports of Magnesium; Waste and Scrap in Portugal

In 2022, imports of magnesium; waste and scraps into Portugal shrank rapidly to 14 kg, declining by -51.7% on 2021 figures. In general, imports saw a dramatic descent.

In value terms, magnesium; waste and scrap imports declined rapidly to $69 in 2022. Over the period under review, imports continue to indicate a dramatic slump.

Import of Magnesium; Waste and Scrap in Portugal (USD)
COUNTRY20212022CAGR,
2021-2022
NetherlandsN/A69.00%
United Kingdom138N/A0%
OthersN/AN/A0%
Total13869.0-50.0%

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

  1. Netherlands (14.0 kg)

Source: IndexBox Market Intelligence Platform

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