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World - Magnesium - Market Analysis, Forecast, Size, Trends And Insights
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Global Magnesium Market Overview 2020

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Magnesium Market Size

The global magnesium market totaled $X in 2019, surging by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2008 when the market value increased by X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2019, the growth of the global market remained at a somewhat lower figure.

Magnesium Production

In value terms, magnesium production amounted to $X in 2019 estimated in export prices. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2008 when the production volume increased by X% y-o-y. As a result, production attained the peak level of $X. From 2009 to 2019, global production growth remained at a lower figure.

Production By Country

The country with the largest volume of magnesium production was China (X tonnes), comprising approx. X% of total volume. Moreover, magnesium production in China exceeded the figures recorded by the second-largest producer, Israel (X tonnes), eightfold.

In China, magnesium production remained relatively stable over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Israel (+X% per year) and the Czech Republic (+X% per year).

Magnesium Exports

Exports

In 2019, approx. X tonnes of magnesium were exported worldwide; with a decrease of -X% compared with the year before. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2010 when exports increased by X% against the previous year. Over the period under review, global exports reached the maximum at X tonnes in 2017; however, from 2018 to 2019, exports failed to regain the momentum.

In value terms, magnesium exports shrank slightly to $X in 2019. Overall, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of $X. From 2009 to 2019, the growth of global exports failed to regain the momentum.

Exports by Country

China prevails in magnesium exports structure, amounting to X tonnes, which was approx. X% of total exports in 2019. Israel (X tonnes), Germany (X tonnes), Slovenia (X tonnes), the U.S. (X tonnes), the Czech Republic (X tonnes) and the UK (X tonnes) followed a long way behind the leaders.

China experienced a relatively flat trend pattern with regard to volume of exports of magnesium. At the same time, Slovenia (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, Slovenia emerged as the fastest-growing exporter exported in the world, with a CAGR of +X% from 2007-2019. By contrast, the Czech Republic (-X%), Germany (-X%), the U.S. (-X%) and Israel (-X%) illustrated a downward trend over the same period. From 2007 to 2019, the share of China and Slovenia increased by +X% and +X% percentage points, while Israel (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest magnesium supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by Israel ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In China, magnesium exports remained relatively stable over the period from 2007-2019. In the other countries, the average annual rates were as follows: Israel (-X% per year) and the U.S. (+X% per year).

Export Prices by Country

In 2019, the average magnesium export price amounted to $X per tonne, increasing by X% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average export price increased by X% year-to-year. As a result, export price reached the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per tonne), while China ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Magnesium Imports

Imports

In 2019, global magnesium imports amounted to X tonnes, approximately reflecting 2018. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Global imports peaked at X tonnes in 2017; however, from 2018 to 2019, imports remained at a lower figure.

In value terms, magnesium imports stood at $X in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. As a result, imports reached the peak of $X. From 2009 to 2019, the growth of global imports failed to regain the momentum.

Imports by Country

The countries with the highest levels of magnesium imports in 2019 were Canada (X tonnes), Germany (X tonnes), the U.S. (X tonnes), Japan (X tonnes), South Korea (X tonnes), India (X tonnes), Norway (X tonnes), Austria (X tonnes), France (X tonnes), Romania (X tonnes), Italy (X tonnes) and Taiwan, Chinese (X tonnes), together accounting for X% of total import.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by India, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest magnesium importing markets worldwide were Canada ($X), Germany ($X) and the U.S. ($X), together comprising X% of global imports. Japan, South Korea, India, Norway, France, Italy, Austria, Romania and Taiwan, Chinese lagged somewhat behind, together comprising a further X recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average magnesium import price amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per tonne. From 2009 to 2019, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while Austria ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the U.S., while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for magnesium in the world?
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The countries with the highest volumes of magnesium consumption in 2019 were China (58K tonnes), Canada (50K tonnes) and Germany (34K tonnes), with a combined 31% share of global consumption. Israel, Japan, the U.S., India, South Korea, Norway, France, Romania and the United Arab Emirates lagged somewhat behind, together accounting for a further 38%.
What are the largest producers of magnesium in the world?
+
China (386K tonnes) constituted the country with the largest volume of magnesium production, accounting for 84% of total volume. Moreover, magnesium production in China exceeded the figures recorded by the second-largest producer, Israel (50K tonnes), eightfold.
What are the leading exporters of magnesium in the world?
+
In value terms, China ($814M) remains the largest magnesium supplier worldwide, comprising 71% of global exports. The second position in the ranking was occupied by Israel ($75M), with a 6.6% share of global exports. It was followed by the U.S., with a 3.7% share.
What are the leading importers of magnesium in the world?
+
In value terms, the largest magnesium importing markets worldwide were Canada ($148M), Germany ($126M) and the U.S. ($121M), together accounting for 34% of global imports. Japan, South Korea, India, Norway, France, Italy, Austria, Romania and Taiwan, Chinese lagged somewhat behind, together comprising a further 33%.
What is the average export price for magnesium in the world?
+
In 2019, the average magnesium export price amounted to $2,671 per tonne, rising by 3.3% against the previous year.
What is the average import price for magnesium in the world?
+
In 2019, the average magnesium import price amounted to $2,750 per tonne, rising by 1.9% against the previous year.

Product coverage:

This report provides an in-depth analysis of the global magnesium market. 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.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• 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
CONSUMPTION BY COUNTRY
3.3
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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