Price for Magnesium; Waste and Scrap in Spain - 2023
Contents:
- Price for Magnesium; Waste and Scrap in Spain (FOB) - 2023
- Price for Magnesium; Waste and Scrap in Spain (CIF) - 2023
- Exports of Magnesium; Waste and Scrap in Spain
- Imports of Magnesium; Waste and Scrap in Spain
Price for Magnesium; Waste and Scrap in Spain (FOB) - 2023
In July 2023, the average magnesium; waste and scrap export price amounted to $1,903 per ton, falling by -37.8% against the previous month. Overall, the export price recorded a abrupt contraction. The growth pace was the most rapid in December 2022 an increase of 14% m-o-m. As a result, the export price attained the peak level of $4,168 per ton. From January 2023 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Germany ($2,508 per ton), while the average price for exports to the Netherlands totaled $864 per ton.
From August 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+16.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Magnesium; Waste and Scrap in Spain (CIF) - 2023
In July 2023, the average magnesium; waste and scrap import price amounted to $2,163 per ton, growing by 17% against the previous month. Over the period under review, the import price showed a tangible increase. The growth pace was the most rapid in December 2022 an increase of 30% m-o-m. Over the period under review, average import prices attained the peak figure at $2,560 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Portugal.
From August 2022 to July 2023, the rate of growth in terms of prices for Portugal amounted to +4.7% per month.
Exports of Magnesium; Waste and Scrap in Spain
In 2022, overseas shipments of magnesium; waste and scraps increased by 226% to 4.6K tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports enjoyed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, magnesium; waste and scrap exports soared to $9.6M in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Waste and Scrap in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.6 | 1.4 | 1.3 | 6.1 | 9.9% |
| Germany | 0.1 | 0.5 | 0.7 | 1.9 | 166.8% |
| Brazil | 0.3 | 0.4 | 0.5 | 1.3 | 63.0% |
| Italy | 0.1 | N/A | 0.3 | 0.4 | 58.7% |
| Czech Republic | N/A | 2.3 | 0.4 | N/A | -82.6% |
| Others | 0.3 | N/A | N/A | N/A | 0% |
| Total | 5.3 | 4.8 | 3.2 | 9.6 | 21.9% |
Top Export Markets for Magnesium; Waste and Scrap from Spain in 2022:
- United States (3146.7 tons)
- Brazil (795.9 tons)
- Germany (574.7 tons)
- Italy (70.2 tons)
Imports of Magnesium; Waste and Scrap in Spain
In 2022, imports of magnesium; waste and scraps into Spain skyrocketed to 403 tons, rising by 21% compared with the year before. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% 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 +64.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the near future.
In value terms, magnesium; waste and scrap imports skyrocketed to $615K in 2022. Over the period under review, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +20.6% 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 +75.4% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 39%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Magnesium; Waste and Scrap in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 349 | 486 | 506 | 613 | 20.7% |
| Others | 2.2 | 2.0 | N/A | 2.6 | 5.7% |
| Total | 351 | 488 | 506 | 615 | 20.6% |
Top Suppliers of Magnesium; Waste and Scrap to Spain in 2022:
- Portugal (402.7 tons)
531
This report provides an in-depth analysis of the magnesium market in Spain.
1041
This report provides an in-depth analysis of the blueberry and cranberry market in Spain.
352
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in Spain.
3442
This report provides an in-depth analysis of the global magnesium market.
3602
This report provides an in-depth analysis of the global blueberry and cranberry market.
610
This report provides an in-depth analysis of the global market for raspberry, blackberry, blueberry, and cranberry.
531
This report provides an in-depth analysis of the magnesium market in Spain.
3442
This report provides an in-depth analysis of the global magnesium market.
459
In November 2022, the blueberry and cranberry price stood at $4,776 per ton (FOB, Spain), which is down by -29.9% against the previous month. The country with the highest price was the UK ($10,442 per ton), while the average price for exports to Portugal ($1,743 per ton) was amongst the lowest. From January 2022 to November 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+0.6%). In November 2022, shipments abroad of blueberries and cranberries increased by 24% to 1.5K tons, rising for the third month in a row after three months of decline. Poland (401 tons), Germany (250 tons) and Italy (159 tons) were the main destinations of blueberry and cranberry exports from Spain, with a combined 55% share of total exports. From January 2022 to November 2022, the biggest increases were in Belgium (with a CAGR of +21.8%), while shipments for the other leaders experienced more modest paces of growth. In value terms, Poland ($2.6M) remains the key foreign market for blueberry and cranberry exports from Spain, comprising 37% of total exports.
1024
In 2021, global magnesium production declined by 5% to 950K tons because several China's smelters had cut capacities to comply with energy consumption targets. China remains the largest exporter in the world, accounting for 58% of total magnesium supplies.
1355
Limiting industrial carbon dioxide emissions in China has halted work in two-thirds of Shaanxi's fifty magnesium plants, while the rest of the factories will be required to halve production. As a result, in the next six months, the global market may face a deficit, hitting the European automotive industry particularly hard. The German Non-Ferrous Metals Association (WVM) calls on the German government to begin negotiations with China to increase magnesium supplies to Europe.
1501
In value terms, magnesium imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
2267
In value terms, magnesium exports stood at $X in 2016. Overall, magnesium exports continue to indicate a moderate deduction. In that year, global magnesium exports reached its maximum level of $X>
269
Explore the top import markets for blueberry and cranberry worldwide, including key statistics and data from the IndexBox market intelligence platform.
3564
The blueberry market is expected to grow significantly in the next few years. The global blueberry market was valued at $8.3 billion in 2021 and is expected to reach 2.3 million tons by 2030, growing at a CAGR of 3.5% during the forecast period (2022-2030)
6184
Global cranberry consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
4812
In 2015, the country with the largest volume of the cranberry output was the United States (X thousand tons), accounting for X% of global production.
1609
Chile continued its dominance in the global cranberry trade. In 2014, Chile exported X thousand tons of cranberries totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cr
