Austria - Magnesite - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMagnesite Price in Austria - 2023
Contents:
- Magnesite Price in Austria (CIF) - 2022
- Magnesite Price in Austria (FOB) - 2022
- Magnesite Imports in Austria
- Magnesite Exports in Austria
Magnesite Price in Austria (CIF) - 2022
In 2022, the average magnesite import price amounted to $375 per ton, dropping by -4.4% against the previous year. Over the period under review, the import price saw a abrupt downturn. The growth pace was the most rapid in 2020 when the average import price increased by 68%. Over the period under review, average import prices reached the maximum at $2,211 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($6,067 per ton), while the price for Turkey ($191 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+28.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Magnesite Price in Austria (FOB) - 2022
In 2022, the average magnesite export price amounted to $607 per ton, approximately equating the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +19.1% against 2019 indices. The pace of growth was the most pronounced in 2014 an increase of 79% against the previous year. As a result, the export price reached the peak level of $684 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($1,452 per ton), while the average price for exports to Germany totaled $445 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+4.7%), while the prices for the other major destinations experienced a decline.
Magnesite Imports in Austria
For the third year in a row, Austria recorded decline in purchases abroad of magnesite, which decreased by -53.5% to 970 tons in 2022. In general, imports recorded a precipitous descent. The smallest decline of -7.6% was in 2021.
In value terms, magnesite imports fell sharply to $363K in 2022. Over the period under review, imports continue to indicate a dramatic decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.8%.
| Import of Magnesite in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 169 | 112 | 121 | 158 | -2.2% |
| United Kingdom | 1.2 | 4.7 | 74.4 | 92.6 | 325.7% |
| Spain | 2.3 | 27.3 | N/A | 27.6 | 128.9% |
| France | 1.7 | 76.4 | 128 | 24.6 | 143.7% |
| Germany | 38.7 | 435 | 411 | 22.5 | -16.5% |
| Brazil | 892 | 0.2 | N/A | N/A | -100.0% |
| Others | 58.5 | 96.3 | 83.2 | 38.3 | -13.2% |
| Total | 1,164 | 752 | 818 | 363 | -32.2% |
Top Suppliers of Magnesite to Austria in 2022:
- Turkey (827.5 tons)
- Germany (47.2 tons)
- Spain (41.9 tons)
- France (29.9 tons)
- United Kingdom (15.3 tons)
Magnesite Exports in Austria
In 2022, the amount of magnesite exported from Austria shrank dramatically to 475 tons, with a decrease of -42.8% on the previous year's figure. In general, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 831 tons, and then reduced rapidly in the following year.
In value terms, magnesite exports shrank notably to $288K in 2022. Overall, exports recorded a perceptible decline. The pace of growth appeared the most rapid in 2021 when exports increased by 54%. As a result, the exports reached the peak of $498K, and then contracted sharply in the following year.
| Export of Magnesite in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 281 | 247 | 346 | 198 | -11.0% |
| France | 5.0 | N/A | 0.3 | 13.5 | 39.2% |
| Czech Republic | 2.5 | 22.9 | 20.5 | 3.5 | 11.9% |
| Others | 40.3 | 52.7 | 132 | 73.0 | 21.9% |
| Total | 329 | 323 | 498 | 288 | -4.3% |
Top Export Markets for Magnesite from Austria in 2022:
- Germany (445.5 tons)
- France (9.3 tons)
- Czech Republic (3.7 tons)
This report provides an in-depth analysis of the magnesite market in Austria. 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:
- Austria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Austria
- 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.
-
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
-
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
-
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
-
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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