Germany - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesite Price in Germany - 2023
Contents:
- Magnesite Price in Germany (CIF) - 2022
- Magnesite Price in Germany (FOB) - 2022
- Magnesite Imports in Germany
- Magnesite Exports in Germany
Magnesite Price in Germany (CIF) - 2022
In 2022, the average magnesite import price amounted to $686 per ton, growing by 58% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnesite import price increased by +79.0% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1,946 per ton), while the price for the UK ($283 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Magnesite Price in Germany (FOB) - 2022
In 2022, the average magnesite export price amounted to $1,075 per ton, increasing by 8.5% against the previous year. Over the period under review, export price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnesite export price increased by +147.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices hit record highs at $1,083 per ton in 2014; afterwards, it flattened through to 2022.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($2,212 per ton), while the average price for exports to the UK ($317 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 Slovakia (+19.2%), while the prices for the other major destinations experienced more modest paces of growth.
Magnesite Imports in Germany
For the third consecutive year, Germany recorded decline in overseas purchases of magnesite, which decreased by -1.5% to 3K tons in 2022. Overall, imports continue to indicate a significant decline.
In value terms, magnesite imports soared to $2.1M in 2022. Over the period under review, imports continue to indicate a precipitous decline.
Import of Magnesite in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 228 | 162 | 126 | 627 | 40.1% |
Netherlands | 62.7 | 89.8 | 150 | 370 | 80.7% |
Spain | 133 | 21.3 | 0.5 | 321 | 34.1% |
Austria | 362 | 371 | 513 | 282 | -8.0% |
France | 337 | 395 | 199 | 164 | -21.3% |
United Kingdom | 250 | 80.7 | 4.3 | 98.5 | -26.7% |
Turkey | 16.1 | 41.0 | 58.4 | 70.5 | 63.6% |
Greece | 153 | 21.2 | 58.7 | 23.8 | -46.2% |
Poland | 6,287 | 1.7 | 3.5 | 11.5 | -87.8% |
Others | 242 | 102 | 228 | 123 | -20.2% |
Total | 8,070 | 1,286 | 1,341 | 2,090 | -36.3% |
Top Suppliers of Magnesite to Germany in 2022:
- Austria (616.1 tons)
- Spain (538.0 tons)
- Netherlands (479.7 tons)
- United Kingdom (347.9 tons)
- China (322.1 tons)
- France (298.8 tons)
- Turkey (159.8 tons)
- Greece (54.6 tons)
- Poland (20.6 tons)
Magnesite Exports in Germany
Magnesite exports from Germany shrank sharply to 151 tons in 2022, which is down by -58.3% compared with 2021. In general, exports recorded a dramatic contraction. The pace of growth appeared the most rapid in 2021 with an increase of 132%.
In value terms, magnesite exports shrank remarkably to $162K in 2022. Over the period under review, exports saw a dramatic slump. The pace of growth was the most pronounced in 2021 when exports increased by 145% against the previous year.
Export of Magnesite in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Russia | 34.3 | 18.6 | 123 | 40.8 | 6.0% |
Netherlands | 46.6 | 45.2 | 82.8 | 34.4 | -9.6% |
Switzerland | 3.8 | 4.0 | 12.0 | 21.4 | 77.9% |
Austria | 3.5 | 18.9 | 13.9 | 19.2 | 76.4% |
Hungary | 1.7 | 9.4 | 5.6 | 11.3 | 88.0% |
United States | N/A | N/A | 2.0 | 6.4 | 220.0% |
France | 4.5 | 14.5 | 8.1 | 3.3 | -9.8% |
Thailand | 0.9 | 0.9 | N/A | 2.5 | 40.6% |
Ukraine | 6.1 | 2.0 | 10.0 | 2.3 | -27.8% |
United Kingdom | 2.1 | 2.2 | 0.6 | 2.3 | 3.1% |
Mexico | 2.8 | 2.2 | 4.8 | 1.8 | -13.7% |
Poland | 35.5 | 12.7 | 18.2 | 1.3 | -66.8% |
Turkey | 162 | N/A | N/A | N/A | 0% |
Others | 54.9 | 15.4 | 76.1 | 15.0 | -35.1% |
Total | 358 | 146 | 357 | 162 | -23.2% |
Top Export Markets for Magnesite from Germany in 2022:
- Netherlands (47.8 tons)
- Russia (42.7 tons)
- Switzerland (13.5 tons)
- Austria (8.7 tons)
- United Kingdom (7.2 tons)
- Hungary (5.4 tons)
- United States (4.7 tons)
- Ukraine (3.0 tons)
- Mexico (2.8 tons)
- France (2.6 tons)
- Thailand (2.3 tons)
- Poland (0.6 tons)
This report provides an in-depth analysis of the magnesite market in Germany. 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 2030.
Product coverage:
- UNCode 16390-1 - Magnesite
Country coverage:
- Germany
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Germany
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Global demand for magnesite is on the rise, with market consumption expected to continue growing at a steady pace over the next seven years. By 2030, market volume is projected to reach 35M tons, with a value of $7.6B. China leads as both the largest consumer and producer of magnesite. Imports and exports of magnesite have also seen significant growth, particularly in countries like Indonesia and Japan.
Magnesite is a mineral with multiple applications, serving as a crucial raw material in various industries. This article explores the top import markets for magnesite, including Indonesia, Japan, the United States, Russia, and Poland. These countries have strong industrial sectors that drive the demand for magnesite, making them attractive markets for importers. Stay ahead of the competition and seize emerging opportunities by monitoring market dynamics through platforms like IndexBox.
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Global silicon-electrical steel flat-rolled product imports stood at X tons in 2016, picking up by X% against the previous year figure. Overall, silicon-electrical steel flat-rolled product import...
Global demand for magnesite is on the rise, with market consumption expected to continue growing at a steady pace over the next seven years. By 2030, market volume is projected to reach 35M tons, with a value of $7.6B. China leads as both the largest consumer and producer of magnesite. Imports and exports of magnesite have also seen significant growth, particularly in countries like Indonesia and Japan.
Magnesite is a mineral with multiple applications, serving as a crucial raw material in various industries. This article explores the top import markets for magnesite, including Indonesia, Japan, the United States, Russia, and Poland. These countries have strong industrial sectors that drive the demand for magnesite, making them attractive markets for importers. Stay ahead of the competition and seize emerging opportunities by monitoring market dynamics through platforms like IndexBox.