Price for Magnesium; Waste and Scrap in Thailand - 2023
Contents:
- Price for Magnesium; Waste and Scrap in Thailand (FOB) - 2022
- Price for Magnesium; Waste and Scrap in Thailand (CIF) - 2022
- Exports of Magnesium; Waste and Scrap in Thailand
- Imports of Magnesium; Waste and Scrap in Thailand
Price for Magnesium; Waste and Scrap in Thailand (FOB) - 2022
The average magnesium; waste and scrap export price stood at $2,164 per ton in 2022, increasing by 118% against the previous year. Over the period under review, the export price recorded a mild increase. The growth pace was the most rapid in 2016 an increase of 395% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to the Netherlands ($2,229 per ton) and Brazil ($2,162 per ton), while the average price for exports to Germany ($2,061 per ton) and South Korea ($2,162 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+95.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Magnesium; Waste and Scrap in Thailand (CIF) - 2022
In 2022, the average magnesium; waste and scrap import price amounted to $1,398 per ton, with an increase of 5.8% against the previous year. Overall, the import price continues to indicate a noticeable expansion. The growth pace was the most rapid in 2019 when the average import price increased by 58% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($1,461 per ton), while the price for China ($230 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+118.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Magnesium; Waste and Scrap in Thailand
In 2022, after three years of growth, there was significant decline in overseas shipments of magnesium; waste and scraps, when their volume decreased by -46.5% to 478 tons. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 433% against the previous year.
In value terms, magnesium; waste and scrap exports skyrocketed to $1M in 2022. In general, exports, however, saw a significant expansion. The growth pace was the most rapid in 2020 with an increase of 199% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to continue growth in years to come.
Export of Magnesium; Waste and Scrap in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Brazil | N/A | 199 | 260 | 815 | 102.4% |
Netherlands | N/A | N/A | 28.0 | 111 | 296.4% |
South Korea | 0.1 | 27.5 | 27.9 | 53.8 | 713.3% |
Germany | N/A | N/A | N/A | 51.5 | 0% |
Hong Kong SAR | N/A | N/A | 474 | N/A | 0% |
China | N/A | N/A | 96.5 | N/A | 0% |
United States | 104 | 54.4 | N/A | N/A | -47.7% |
Others | N/A | 30.8 | N/A | 2.6 | -70.9% |
Total | 104 | 312 | 886 | 1,034 | 115.0% |
Top Export Markets for Magnesium; Waste and Scrap from Thailand in 2022:
- Brazil (377.0 tons)
- Netherlands (49.6 tons)
- Germany (25.0 tons)
- South Korea (24.9 tons)
Imports of Magnesium; Waste and Scrap in Thailand
In 2022, supplies from abroad of magnesium; waste and scraps decreased by -26.5% to 431 tons, falling for the second consecutive year after two years of growth. Over the period under review, total imports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +3.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. As a result, imports reached the peak of 638 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, magnesium; waste and scrap imports reduced notably to $602K in 2022. Overall, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 134%. As a result, imports reached the peak of $803K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Magnesium; Waste and Scrap in Thailand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Vietnam | 343 | 803 | 774 | 534 | 15.9% |
Japan | N/A | 0.5 | N/A | 67.7 | 1063.6% |
Others | N/A | N/A | N/A | 0.4 | 0% |
Total | 343 | 803 | 774 | 602 | 20.6% |
Top Suppliers of Magnesium; Waste and Scrap to Thailand in 2022:
- Vietnam (365.3 tons)
- Japan (63.7 tons)
This report provides an in-depth analysis of the magnesium market in Thailand.
This report provides an in-depth analysis of the blueberry and cranberry market in Thailand.
This report provides an in-depth analysis of the market for raspberry, blackberry, blueberry, and cranberry in Thailand.
This report provides an in-depth analysis of the global magnesium market.
This report provides an in-depth analysis of the global blueberry and cranberry market.
This report provides an in-depth analysis of the global market for raspberry, blackberry, blueberry, and cranberry.
This report provides an in-depth analysis of the magnesium market in Thailand.
This report provides an in-depth analysis of the global magnesium market.
In June 2023, imports of Blueberry And Cranberry saw the most significant rate of growth, increasing by 27% month-to-month. In terms of value, these imports modestly expanded to $1.3M in September 2023.
In 2021, global magnesium production declined by 5% to 950K tons because several China's smelters had cut capacities to comply with energy consumption targets. China remains the largest exporter in the world, accounting for 58% of total magnesium supplies.
Limiting industrial carbon dioxide emissions in China has halted work in two-thirds of Shaanxi's fifty magnesium plants, while the rest of the factories will be required to halve production. As a result, in the next six months, the global market may face a deficit, hitting the European automotive industry particularly hard. The German Non-Ferrous Metals Association (WVM) calls on the German government to begin negotiations with China to increase magnesium supplies to Europe.
In value terms, magnesium imports stood at $X in 2016. The total import value increased at an average annual rate of +X% from 2007 to 2016; the trend pattern indicated some noticeable fluctuation...
In value terms, magnesium exports stood at $X in 2016. Overall, magnesium exports continue to indicate a moderate deduction. In that year, global magnesium exports reached its maximum level of $X>
Explore the top import markets for blueberry and cranberry worldwide, including key statistics and data from the IndexBox market intelligence platform.
The blueberry market is expected to grow significantly in the next few years. The global blueberry market was valued at $8.3 billion in 2021 and is expected to reach 2.3 million tons by 2030, growing at a CAGR of 3.5% during the forecast period (2022-2030)
Global cranberry consumption amounted to X thousand tons in 2015, moving up by +X% against the previous year level.
In 2015, the country with the largest volume of the cranberry output was the United States (X thousand tons), accounting for X% of global production.
Chile continued its dominance in the global cranberry trade. In 2014, Chile exported X thousand tons of cranberries totaling X million USD, X% over the previous year. Its primary trading partner was the U.S., where it supplied X% of its total cr