Global Magnesite Market Expected to See Strong Growth with Forecasted CAGR of +2.4% in Volume from 2023 to 2030
Apr 24, 2024
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Global demand for magnesite is on the rise, with market consumption expected to continue growing at a steady pace over the next seven years. By 2030, market volume is projected to reach 35M tons, with a value of $7.6B. China leads as both the largest consumer and producer of magnesite. Imports and exports of magnesite have also seen significant growth, particularly in countries like Indonesia and Japan.