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Report Australia and Oceania - Magnesium - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Australia and Oceania - Magnesium - Market Analysis, Forecast, Size, Trends and Insights

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Australia and Oceania: Magnesium Market 2024

Magnesium Market Size in Australia and Oceania

In 2021, the magnesium market in Australia and Oceania was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption, however, saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Magnesium Production in Australia and Oceania

In value terms, magnesium production stood at $X in 2021 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The level of production peaked in 2021 and is likely to see steady growth in years to come.

Magnesium Exports

Exports in Australia and Oceania

In 2021, approx. X tons of magnesium were exported in Australia and Oceania; declining by -87.2% compared with the year before. Over the period under review, exports faced a precipitous descent. The most prominent rate of growth was recorded in 2019 with an increase of 309% against the previous year. Over the period under review, the exports hit record highs at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, magnesium exports soared to $X in 2021. Overall, exports faced a abrupt decrease. The pace of growth appeared the most rapid in 2019 when exports increased by 288%. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Australia represented the major exporter of magnesium in Australia and Oceania, with the volume of exports recording X tons, which was near 88% of total exports in 2021. It was distantly followed by New Zealand (X kg), mixing up a 12% share of total exports.

Australia was also the fastest-growing in terms of the magnesium exports, with a CAGR of -13.0% from 2012 to 2021. New Zealand (-39.1%) illustrated a downward trend over the same period. Australia (+65 p.p.) significantly strengthened its position in terms of the total exports, while New Zealand saw its share reduced by -65.2% from 2012 to 2021, respectively.

In value terms, Australia ($X) remains the largest magnesium supplier in Australia and Oceania, comprising 98% of total exports. The second position in the ranking was taken by New Zealand ($X), with a 1.7% share of total exports.

In Australia, magnesium exports remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per ton, picking up by 995% against the previous year. Over the period under review, the export price enjoyed a buoyant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+14.1%).

Magnesium Imports

Imports in Australia and Oceania

In 2021, overseas purchases of magnesium were finally on the rise to reach X tons after two years of decline. Over the period under review, imports, however, saw a deep setback. The volume of import peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, magnesium imports soared to $X in 2021. Overall, imports, however, recorded a deep slump. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Australia represented the major importing country with an import of about X tons, which accounted for 63% of total imports. It was distantly followed by New Zealand (X tons), comprising a 37% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by New Zealand (with a CAGR of +9.1%).

In value terms, the largest magnesium importing markets in Australia and Oceania were Australia ($X) and New Zealand ($X).

In terms of the main importing countries, New Zealand, with a CAGR of +9.1%, saw the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Australia and Oceania stood at $X per ton in 2021, picking up by 48% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per ton), while New Zealand totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+0.3%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

Australia remains the largest magnesium consuming country in Australia and Oceania, accounting for 83% of total volume. Moreover, magnesium consumption in Australia exceeded the figures recorded by the second-largest consumer, New Zealand, fivefold.
In value terms, New Zealand emerged as the largest magnesium supplier in Australia and Oceania, comprising 70% of total exports. The second position in the ranking was occupied by Australia, with a 30% share of total exports.
In value terms, Australia constitutes the largest market for imported magnesium in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was occupied by New Zealand, with a 16% share of total imports.
In 2021, the magnesium export price in Australia and Oceania amounted to $1,843 per ton, falling by -9.4% against the previous year.
In 2021, the magnesium import price in Australia and Oceania amounted to $3,250 per ton, increasing by 39% against the previous year.

This report provides an in-depth analysis of the magnesium market in Australia and Oceania. 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:

    Country coverage:

    • Australia
    • Cook Islands
    • Fiji
    • French Polynesia
    • Kiribati
    • Marshall Islands
    • Micronesia
    • New Caledonia
    • New Zealand
    • Northern Mariana Islands
    • Palau
    • Papua New Guinea
    • Samoa
    • Solomon Islands
    • Tokelau
    • Tonga
    • Tuvalu
    • Vanuatu
    • Wallis and Futuna Islands
    • American Samoa
    • Nauru
    • Niue
    • Guam

    Data coverage:

    • Market volume and value
    • Per Capita consumption
    • Forecast of the market dynamics in the medium term
    • Production in Australia and Oceania, split by region and country
    • Trade (exports and imports) in Australia and Oceania
    • 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:

    1. How to diversify your business and benefit from new market opportunities
    2. How to load your idle production capacity
    3. How to boost your sales on overseas markets
    4. How to increase your profit margins
    5. How to make your supply chain more sustainable
    6. How to reduce your production and supply chain costs
    7. How to outsource production to other countries
    8. 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. 1. INTRODUCTION

      Making Data-Driven Decisions to Grow Your Business

      1. REPORT DESCRIPTION
      2. RESEARCH METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
      4. GLOSSARY AND SPECIFIC TERMS

    2. 2. EXECUTIVE SUMMARY

      A Quick Overview of Market Performance

      1. KEY FINDINGS
      2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

    3. 3. MARKET OVERVIEW

      Understanding the Current State of The Market and Its Prospects

      1. MARKET SIZE
      2. CONSUMPTION BY COUNTRY
      3. MARKET FORECAST TO 2030

    4. 4. MOST PROMISING PRODUCT

      Finding New Products to Diversify Your Business

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
      2. BEST-SELLING PRODUCTS
      3. MOST CONSUMED PRODUCT
      4. MOST TRADED PRODUCT
      5. MOST PROFITABLE PRODUCT FOR EXPORT

    5. 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
      1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
      2. TOP PRODUCING COUNTRIES
      3. TOP EXPORTING COUNTRIES
      4. LOW-COST EXPORTING COUNTRIES

    6. 6. MOST PROMISING OVERSEAS MARKETS

      Choosing the Best Countries to Boost Your Exports

      This Chapter is Available Only for the Professional Edition PRO
      1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
      2. TOP CONSUMING MARKETS
      3. UNSATURATED MARKETS
      4. TOP IMPORTING MARKETS
      5. MOST PROFITABLE MARKETS

    7. 7. PRODUCTION

      The Latest Trends and Insights into The Industry

      1. PRODUCTION VOLUME AND VALUE
      2. PRODUCTION BY COUNTRY

    8. 8. IMPORTS

      The Largest Importers on The Market and How They Succeed

      1. IMPORTS FROM 2012–2023
      2. IMPORTS BY COUNTRY
      3. IMPORT PRICES BY COUNTRY

    9. 9. EXPORTS

      The Largest Exporters on The Market and How They Succeed

      1. EXPORTS FROM 2012–2023
      2. EXPORTS BY COUNTRY
      3. EXPORT PRICES BY COUNTRY

    10. 10. PROFILES OF MAJOR PRODUCERS

      The Largest Producers on The Market and Their Profiles

      This Chapter is Available Only for the Professional Edition PRO

    11. 11. COUNTRY PROFILES

      The Largest Markets And Their Profiles

      This Chapter is Available Only for the Professional Edition PRO
      • Australia
      • Cook Islands
      • Fiji
      • French Polynesia
      • Kiribati
      • Marshall Islands
      • Micronesia
      • New Caledonia
      • New Zealand
      • Northern Mariana Islands
      • Palau
      • Papua New Guinea
      • Samoa
      • Solomon Islands
      • Tokelau
      • Tonga
      • Tuvalu
      • Vanuatu
      • Wallis and Futuna Islands
      • American Samoa
      • Nauru
      • Niue
      • Guam

    12. LIST OF TABLES

      1. Key Findings In 2023
      2. Market Volume, In Physical Terms, 2012–2023
      3. Market Value, 2012–2023
      4. Per Capita Consumption, By Country, 2018–2023
      5. Production, In Physical Terms, By Country, 2012–2023
      6. Imports, In Physical Terms, By Country, 2012–2023
      7. Imports, In Value Terms, By Country, 2012–2023
      8. Import Prices, By Country Of Destination, 2012–2023
      9. Exports, In Physical Terms, By Country, 2012–2023
      10. Exports, In Value Terms, By Country, 2012–2023
      11. Export Prices, By Country Of Origin, 2012–2023

    13. LIST OF FIGURES

      1. Market Volume, In Physical Terms, 2012–2023
      2. Market Value, 2012–2023
      3. Consumption, By Country, 2023
      4. Market Volume Forecast to 2030
      5. Market Value Forecast to 2030
      6. Products: Market Size And Growth, By Type
      7. Products: Average Per Capita Consumption, By Type
      8. Products: Exports And Growth, By Type
      9. Products: Export Prices And Growth, By Type
      10. Production Volume And Growth
      11. Exports And Growth
      12. Export Prices And Growth
      13. Market Size And Growth
      14. Per Capita Consumption
      15. Imports And Growth
      16. Import Prices
      17. Production, In Physical Terms, 2012–2023
      18. Production, In Value Terms, 2012–2023
      19. Production, By Country, 2023
      20. Production, In Physical Terms, By Country, 2012–2023
      21. Imports, In Physical Terms, 2012–2023
      22. Imports, In Value Terms, 2012–2023
      23. Imports, In Physical Terms, By Country, 2023
      24. Imports, In Physical Terms, By Country, 2012–2023
      25. Imports, In Value Terms, By Country, 2012–2023
      26. Import Prices, By Country, 2012–2023
      27. Exports, In Physical Terms, 2012–2023
      28. Exports, In Value Terms, 2012–2023
      29. Exports, In Physical Terms, By Country, 2023
      30. Exports, In Physical Terms, By Country, 2012–2023
      31. Exports, In Value Terms, By Country, 2012–2023
      32. Export Prices, 2012–2023

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