Price for Magnesium; Waste and Scrap in the Netherlands - 2023
Contents:
- Price for Magnesium; Waste and Scrap in the Netherlands (CIF) - 2022
- Price for Magnesium; Waste and Scrap in the Netherlands (FOB) - 2022
- Imports of Magnesium; Waste and Scrap in the Netherlands
- Exports of Magnesium; Waste and Scrap in the Netherlands
Price for Magnesium; Waste and Scrap in the Netherlands (CIF) - 2022
In 2022, the average magnesium; waste and scrap import price amounted to $2,047 per ton, with an increase of 19% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnesium; waste and scrap import price increased by +92.2% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($3,542 per ton), while the price for Germany ($262 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Magnesium; Waste and Scrap in the Netherlands (FOB) - 2022
The average magnesium; waste and scrap export price stood at $1,661 per ton in 2022, surging by 54% against the previous year. In general, the export price, however, recorded a perceptible contraction. The export price peaked at $2,068 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($2,536 per ton), while the average price for exports to Slovakia ($494 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Magnesium; Waste and Scrap in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in purchases abroad of magnesium; waste and scraps, which increased by 121% to 4.4K tons in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 274%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, magnesium; waste and scrap imports soared to $9M in 2022. Over the period under review, imports recorded significant growth. The growth pace was the most rapid in 2021 when imports increased by 364% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Magnesium; Waste and Scrap in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | N/A | 8.1 | 52.5 | 3,272 | 1909.9% |
| United States | 26.6 | N/A | 47.1 | 2,169 | 333.6% |
| India | 109 | 112 | 1,003 | 836 | 97.2% |
| Taiwan (Chinese) | N/A | 381 | 649 | 788 | 43.8% |
| Nigeria | 21.4 | 99.5 | 197 | 495 | 184.9% |
| Mexico | 31.5 | N/A | 299 | 382 | 129.7% |
| Israel | 23.4 | N/A | 807 | 248 | 119.7% |
| United Arab Emirates | 16.2 | N/A | 42.7 | 240 | 145.6% |
| Others | 152 | 143 | 354 | 616 | 59.4% |
| Total | 380 | 744 | 3,450 | 9,046 | 187.7% |
Top Suppliers of Magnesium; Waste and Scrap to the Netherlands in 2022:
- China (1709.1 tons)
- United States (905.2 tons)
- Taiwan (Chinese) (436.0 tons)
- Nigeria (323.3 tons)
- Mexico (297.9 tons)
- India (236.1 tons)
- United Arab Emirates (161.3 tons)
- Israel (87.2 tons)
Exports of Magnesium; Waste and Scrap in the Netherlands
In 2022, the amount of magnesium; waste and scraps exported from the Netherlands soared to 3.2K tons, jumping by 39% against 2021 figures. Overall, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 59%. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, magnesium; waste and scrap exports surged to $5.4M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Magnesium; Waste and Scrap in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 612 | 322 | 367 | 2,930 | 68.5% |
| Germany | 1.6 | 444 | 444 | 821 | 700.6% |
| Canada | N/A | N/A | 906 | 737 | -18.7% |
| United States | 195 | 9.1 | 93.8 | 306 | 16.2% |
| Ukraine | 233 | 604 | 335 | 251 | 2.5% |
| Slovakia | N/A | N/A | 72.9 | 88.0 | 20.7% |
| Czech Republic | N/A | N/A | 187 | N/A | 0% |
| Others | 62.7 | 0.3 | 98.6 | 244 | 57.3% |
| Total | 1,104 | 1,380 | 2,503 | 5,378 | 69.5% |
Top Export Markets for Magnesium; Waste and Scrap from the Netherlands in 2022:
- Czech Republic (undefined tons)
- Brazil (1878.4 tons)
- Canada (437.7 tons)
- Germany (323.8 tons)
- United States (181.5 tons)
- Slovakia (178.2 tons)
- Ukraine (134.0 tons)
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