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Portugal - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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Portugal: Magnesite Market Overview 2021

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Magnesite Market Size in Portugal

The Portuguese magnesite market surged to $X in 2020, jumping by X% against the previous year. Overall, consumption continues to indicate a perceptible descent. Magnesite consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Magnesite Production in Portugal

In value terms, magnesite production rose slightly to $X in 2020 estimated in export prices. In general, production recorded a noticeable downturn. The pace of growth appeared the most rapid in 2012 when the production volume increased by X% year-to-year. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2020, production stood at a somewhat lower figure.

Magnesite Exports

Exports from Portugal

In 2020, exports of magnesite from Portugal declined sharply to X tonnes, falling by -X% compared with 2019. In general, exports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Exports peaked at X tonnes in 2019, and then reduced dramatically in the following year.

In value terms, magnesite exports declined sharply to $X in 2020. Over the period under review, exports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. As a result, exports attained the peak of $X. From 2017 to 2020, the growth exports remained at a lower figure.

Exports by Country

Angola (X tonnes) was the main destination for magnesite exports from Portugal, with a X% share of total exports. Moreover, magnesite exports to Angola exceeded the volume sent to the second major destination, Argentina (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Angola totaled +X%.

In value terms, Angola ($X) remains the key foreign market for magnesite exports from Portugal, comprising X% of total exports. The second position in the ranking was occupied by Argentina ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Angola amounted to -X%.

Export Prices by Country

The average magnesite export price stood at $X per tonne in 2020, waning by -X% against the previous year. Overall, the export price saw a deep contraction. The pace of growth was the most pronounced in 2011 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per tonne in 2015; however, from 2016 to 2020, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Argentina ($X per tonne), while the average price for exports to Angola totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Argentina.

Magnesite Imports

Imports into Portugal

In 2020, after two years of growth, there was significant decline in supplies from abroad of magnesite, when their volume decreased by -X% to X tonnes. Overall, imports, however, showed prominent growth. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2011; however, from 2012 to 2020, imports remained at a lower figure.

In value terms, magnesite imports fell to $X in 2020. In general, imports, however, recorded a temperate expansion. The most prominent rate of growth was recorded in 2015 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Greece (X tonnes) was the main magnesite supplier to Portugal, accounting for a X% share of total imports. Moreover, magnesite imports from Greece exceeded the figures recorded by the second-largest supplier, Spain (X tonnes), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume from Greece totaled +X%.

In value terms, the largest magnesite suppliers to Portugal were Greece ($X) and Spain ($X), with a combined X% share of total imports.

Greece saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review.

Import Prices by Country

The average magnesite import price stood at $X per tonne in 2020, rising by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price reached the peak level of $X per tonne. From 2017 to 2020, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Spain ($X per tonne), while the price for Greece totaled $X per tonne.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesite in the world?
+
The country with the largest volume of magnesite consumption was China (216K tonnes), comprising approx. 35% of total volume. Moreover, magnesite consumption in China exceeded the figures recorded by the second-largest consumer, India (55K tonnes), fourfold. The United Arab Emirates (37K tonnes) ranked third in terms of total consumption with a 6.1% share.
What are the largest producers of magnesite in the world?
+
China (277K tonnes) constituted the country with the largest volume of magnesite production, accounting for 53% of total volume. Moreover, magnesite production in China exceeded the figures recorded by the second-largest producer, Turkey (62K tonnes), fourfold. The United Arab Emirates (39K tonnes) ranked third in terms of total production with a 7.5% share.
What are the leading suppliers of magnesite to Portugal?
+
In value terms, Greece ($52K) and Spain ($31K) were the largest magnesite suppliers to Portugal, with a combined 83% share of total imports.
What are the leading importers of magnesite from Portugal?
+
In value terms, Angola ($5.6K) remains the key foreign market for magnesite exports from Portugal, comprising 87% of total exports. The second position in the ranking was occupied by Argentina ($434), with a 6.7% share of total exports.
What is the average export price for magnesite in Portugal?
+
In 2020, the average magnesite export price amounted to $56 per tonne, reducing by -38% against the previous year.
What is the average import price for magnesite in Portugal?
+
The average magnesite import price stood at $380 per tonne in 2020, rising by 30% against the previous year.

Product coverage:
• UNCode 16390-1 - Magnesite

This report provides an in-depth analysis of the magnesite market in Portugal. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Portugal

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Portugal
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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