Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland - 2023

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (CIF) - 2023
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (FOB) - 2023
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (CIF) - 2023

In December 2023, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $4,658 per ton, with an increase of 12% against the previous month. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average import price increased by 156% m-o-m. As a result, import price attained the peak level of $9,867 per ton. From June 2023 to December 2023, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From December 2022 to December 2023, the rate of growth in terms of prices for Germany amounted to +11.2% per month.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (FOB) - 2023

In November 2023, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $3,102 per ton, reducing by -30.7% against the previous month. In general, the export price showed a abrupt decline. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 29% against the previous month. Over the period under review, the average export prices reached the maximum at $10,147 per ton in December 2022; however, from January 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Ukraine ($5,817 per ton), while the average price for exports to Romania ($2,904 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+1.8%), while the prices for the other major destinations experienced a decline.

Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland

Imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Poland surged to 2.7K tons in 2022, growing by 97% compared with 2021. Over the period under review, imports continue to indicate a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $8.9M in 2022. In general, imports showed resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5.32.13.07.914.2%
GermanyN/A0.30.40.415.5%
RussiaN/A0.20.50.322.5%
Others0.40.10.40.3-9.1%
Total5.72.74.48.916.0%

Top Suppliers of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders to Poland in 2022:

  1. China (2558.7 tons)
  2. Germany (75.4 tons)
  3. Russia (42.6 tons)

Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland

In 2022, overseas shipments of magnesium; raspings, turnings and granules, graded according to size, powderses were finally on the rise to reach 1.1K tons for the first time since 2019, thus ending a two-year declining trend. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +12.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses skyrocketed to $5.6M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Poland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic2,0602,3692,5583,69121.5%
GermanyN/A1121421,851306.5%
Romania1821.54461.9-78.1%
Ukraine1970.90.60.2-89.9%
Others21.94.354251.833.2%
Total2,4612,4873,6895,59631.5%

Top Export Markets for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders from Poland in 2022:

  1. Czech Republic (566.9 tons)
  2. Germany (506.6 tons)
  3. Romania (0.6 tons)

Source: IndexBox Market Intelligence Platform

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