Report Update Nov 1, 2024

Benelux - Magnesium - Market Analysis, Forecast, Size, Trends and Insights

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Benelux: Magnesium Market 2024

Magnesium Market Size in Benelux

After two years of growth, the Benelux magnesium market decreased by -21.7% to $X in 2021. In general, consumption, however, posted a buoyant increase. As a result, consumption reached the peak level of $X, and then dropped notably in the following year.

Magnesium Production in Benelux

In value terms, magnesium production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by 423%. As a result, production attained the peak level of $X. From 2014 to 2021, production growth failed to regain momentum.

Magnesium Exports

Exports in Benelux

In 2021, overseas shipments of magnesium increased by 26% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 2,258%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, magnesium exports surged to $X in 2021. In general, exports recorded significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,925% against the previous year. The level of export peaked in 2021 and is likely to continue growth in years to come.

Exports by Country

The Netherlands dominates exports structure, recording X tons, which was approx. 95% of total exports in 2021. It was distantly followed by Belgium (X tons), achieving a 5.3% share of total exports.

The Netherlands was also the fastest-growing in terms of the magnesium exports, with a CAGR of +31.9% from 2012 to 2021. Belgium (-4.2%) illustrated a downward trend over the same period. While the share of the Netherlands (+45 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Belgium (-43.9 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) remains the largest magnesium supplier in Benelux, comprising 93% of total exports. The second position in the ranking was taken by Belgium ($X), with a 6.6% share of total exports.

In the Netherlands, magnesium exports increased at an average annual rate of +30.2% over the period from 2012-2021.

Export Prices by Country

The export price in Benelux stood at $X per ton in 2021, with an increase of 35% against the previous year. Overall, the export price, however, continues to indicate a slight reduction. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the Netherlands amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+1.7%).

Magnesium Imports

Imports in Benelux

In 2021, the amount of magnesium imported in Benelux stood at X tons, with an increase of 13% on the previous year. In general, imports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 873% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, magnesium imports surged to $X in 2021. Over the period under review, imports posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 802% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

The Netherlands prevails in imports structure, finishing at X tons, which was near 91% of total imports in 2021. It was distantly followed by Belgium (X tons), committing an 8.6% share of total imports.

The Netherlands was also the fastest-growing in terms of the magnesium imports, with a CAGR of +30.3% from 2012 to 2021. Belgium experienced a relatively flat trend pattern. While the share of the Netherlands (+40 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Belgium (-39.3 p.p.) displayed negative dynamics.

In value terms, the Netherlands ($X) constitutes the largest market for imported magnesium in Benelux, comprising 91% of total imports. The second position in the ranking was taken by Belgium ($X), with a 9.1% share of total imports.

From 2012 to 2021, the average annual growth rate of value in the Netherlands totaled +29.8%.

Import Prices by Country

In 2021, the import price in Benelux amounted to $X per ton, with an increase of 50% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per ton in 2012; afterwards, it flattened through to 2021.

Average prices varied noticeably amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Belgium ($X per ton), while the Netherlands stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+0.8%).

Source: IndexBox Platform

This report provides an in-depth analysis of the magnesium market in Benelux. 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:

Data coverage:

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

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
2. PRODUCTION BY COUNTRY
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. 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. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
11. COUNTRY PROFILES

The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO
- Belgium
- Luxembourg
- Netherlands
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
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