World - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Mar 1, 2024

World - Magnesite - Market Analysis, Forecast, Size, Trends And Insights

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Magnesite Market

Magnesite market: read new statistics empowered by an Ai-driven business intelligence platform. Statistics include production, consumption, trade, imports, market prices, companies, exports, and market size. Here is a split by region, including Latin America, the Middle East, China, EU, Russia, Africa, the U.S., and the U.K. Market dynamics and outlook to 2030 are also provided in the snapshots.


Get FREE access to the latest data and statistics on the Magnesite Market.

Magnesite - World's Largest Markets

RatingCountry
1Turkey
2India
3United States
4Japan
5Czech Republic

In value terms, Turkey led the market, alone. The second position in the ranking was occupied by India. It was followed by the United States.

In Turkey, the magnesite market plunged by an average annual rate of -13.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: India (-23.0% per year) and the United States (-35.8% per year).

Magnesite Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per ton
United Arab Emirates733930-35.9%
Pakistan736749-18.1%
China1038253-28.3%
Slovakia7879833.2%
Turkey9087910.6%
Spain2052142336.6%
Australia2872963408.8%
Average161165121-13.4%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Australia ($340 per ton), while the United Arab Emirates ($30 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Australia, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per ton
Japan668354384-24.2%
United Kingdom2822382911.6%
New Zealand2302462422.6%
Indonesia249251240-1.8%
United States1901732105.1%
Philippines1752172006.9%
Malaysia279336185-18.6%
Italy11811317120.4%
Poland131129102-11.8%
Greece13312285-20.1%
Bulgaria1019551-28.9%
India21647436-59.2%
Czech Republic15913722-62.8%
Average253237202-10.8%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Japan ($384 per ton), while the Czech Republic ($22 per ton) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the other global leaders experienced more modest paces of growth.

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Magnesite - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
Japan0.090.089.5939.2%
United States14325.3-38.4%
New Zealand1.83.52.825.4%
Greece12.62.762.1%
Italy11.22.557.6%

In value terms, the largest magnesite importing markets worldwide were Japan ($9.5M), the United States ($5.3M) and New Zealand ($2.8M), together accounting for 27% of global imports.

Among the main importing countries, Japan (+939.2% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Magnesite - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Spain3.961492.3%
China329.910-43.4%
Turkey3.95.34.912.1%
Australia1.93.53.943.4%
Pakistan1.921.3-16.7%

In value terms, Spain ($14M), China ($10M) and Turkey ($4.9M) constituted the countries with the highest levels of exports in 2020, with a combined 60% share of global exports.

Among the main exporting countries, Spain (+92.3% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Magnesite - Market Forecast

Driven by rising demand for magnesite worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Magnesite - Top Companies

Amcol International Corp, American Colloid Company, QMAG LIMITED, Byk Additives Inc., QUEENSLAND MAGNESIA PTY LTD, JOY GLOBAL (UK) LIMITED, Active Minerals International, LLC, Kyanite Mining Corporation, NUOVA SOLMINE SPA, Sibelco Deutschland GmbH, KALTUN MADENCILIK SANAYI NAKLIYE VE AKARYAKIT TICARET ANONIM SIRKETI, Vanderbilt Minerals, LLC, ASHAPURA INTERNATIONAL LIMITED, 20 MICRONS LIMITED, Black Hills Bentonite, A Limited Liability Company, COMPANIA MINERA AGREGADOS CALCAREOS S.A., ASHAPURA PERFOCLAY LIMITED, ARABIAN REFRACTORY'S FACTORY CO., Wyo-Ben, Inc., SLOVMAG, a.s. Lubeník

Magnesite - Product Coverage

  • HS 251910 - Magnesium carbonate (magnesite); natural

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global magnesite 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 2030.

Product coverage:

  • UNCode 16390-1 - Magnesite

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • 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
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Free Data: Magnesite - World