Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand - 2024

Contents:

  1. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (CIF) - 2022
  2. Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (FOB) - 2022
  3. Imports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand
  4. Exports of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (CIF) - 2022

In 2022, the average import price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $10,702 per ton, rising by 55% against the previous year. In general, the import price, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2020 when the average import price increased by 81% against the previous year. The import price peaked at $17,425 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($62,426 per ton), while the price for the UK ($9,033 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 (+3.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (FOB) - 2022

In 2022, the average export price for magnesium; raspings, turnings and granules, graded according to size, powderses amounted to $13,000 per ton, growing by 655% against the previous year. In general, the export price continues to indicate a significant expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Lao People's Democratic Republic ($25,500 per ton), while the average price for exports to Singapore stood at $500 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Myanmar (0.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of magnesium; raspings, turnings and granules, graded according to size, powderses into Thailand skyrocketed to 48 tons, rising by 40% compared with the year before. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 398%. Imports peaked in 2022 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 surged to $514K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 144% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Import of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom94.229.194.738259.5%
Austria29.056.211772.235.5%
Japan9.27.016.358.485.2%
China9.0N/A8.7N/A-1.7%
Others1.94.70.51.4-9.7%
Total14397.023751453.2%

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

  1. United Kingdom (42.3 tons)
  2. Japan (4.5 tons)
  3. Austria (1.2 tons)

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

In 2022, exports of magnesium; raspings, turnings and granules, graded according to size, powderses from Thailand fell dramatically to 4 kg, with a decrease of -99.5% against 2021. In general, exports continue to indicate a significant contraction.

In value terms, exports of magnesium; raspings, turnings and granules, graded according to size, powderses declined significantly to $52 in 2022. Overall, exports showed a dramatic curtailment.

Export of Magnesium; Raspings, Turnings and Granules, Graded According To Size, Powders in Thailand (USD)
COUNTRY20212022CAGR,
2021-2022
Lao People's Democratic RepublicN/A51.00%
SingaporeN/A1.00%
Myanmar1,277N/A0%
Others16.0N/A0%
Total1,29352.0-96.0%

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

  1. Lao People's Democratic Republic (2.0 kg)
  2. Singapore (2.0 kg)

Source: IndexBox Market Intelligence Platform

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