Slovenia: Magnesite Market 2020

Magnesite Market Size in Slovenia

The revenue of the magnesite market in Slovenia amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, magnesite consumption continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Slovenia magnesite consumption peaked at $X in 2011; however, from 2012 to 2018, consumption remained at a lower figure.

Magnesite Production in Slovenia

In value terms, magnesite production stood at $X in 2018 estimated in export prices. Over the period under review, magnesite production continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2017 with an increase of X% y-o-y. Over the period under review, magnesite production attained its maximum level in 2018 and is likely to see steady growth in the immediate term.

Magnesite Exports

Exports from Slovenia

Magnesite exports from Slovenia totaled X tons in 2018, increasing by X% against the previous year. Overall, magnesite exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Slovenia exports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, magnesite exports stood at $X in 2018. In general, magnesite exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. Over the period under review, magnesite exports attained their maximum in 2018 and are expected to retain its growth in the immediate term.

Exports by Country

China was the largest exporting country with an export of around X tons, which resulted at X% of total exports. It was distantly followed by Turkey (X tons), Pakistan (X tons), Guatemala (X tons), South Africa (X tons), Russia (X tons) and Ireland (X tons), together committing a X% share of total exports. Germany (X tons), Slovakia (X tons), Zambia (X tons), Australia (X tons) and Zimbabwe (X tons) held a minor share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Pakistan (+X%), Australia (+X%), Russia (+X%), Zambia (+X%), Ireland (+X%), South Africa (+X%), Zimbabwe (+X%), Guatemala (+X%), Slovakia (+X%), Germany (+X%) and Turkey (+X%) displayed positive paces of growth. Moreover, Pakistan emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of Pakistan (+X p.p.), Russia (+X p.p.), South Africa (+X p.p.), Ireland (+X p.p.), Guatemala (+X p.p.), Turkey (+X p.p.), Zambia (+X p.p.), Germany (+X p.p.), Slovakia (+X p.p.) and Australia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest magnesite supplier from Slovenia, comprising X% of global exports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global exports. It was followed by Ireland, with a X% share.

In China, magnesite exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: South Africa (+X% per year) and Ireland (+X% per year).

Export Prices by Country

The magnesite export price in Slovenia stood at $X per ton in 2018, reducing by -X% against the previous year. Overall, the magnesite export price continues to indicate a temperate downturn. The pace of growth appeared the most rapid in 2009 an increase of X% year-to-year. In that year, the export prices for magnesite reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for magnesite remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Zambia ($X per ton), while Pakistan ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Magnesite Imports

Imports into Slovenia

Magnesite imports into Slovenia stood at X tons in 2018, coming down by -X% against the previous year. Overall, magnesite imports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, magnesite imports attained their maximum at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, magnesite imports totaled $X in 2018. Over the period under review, magnesite imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, magnesite imports attained their maximum at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

India (X tons) and the U.S. (X tons) represented the largest importers of magnesite in 2018, recording near X% and X% of total imports, respectively. It was distantly followed by Democratic Republic of the Congo (X tons), constituting a X% share of total imports. The following importers - South Africa (X tons), Malaysia (X tons), Zambia (X tons), Poland (X tons), Ireland (X tons), New Zealand (X tons), Germany (X tons), the Czech Republic (X tons) and Italy (X tons) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Poland, while the other leaders experienced more modest paces of growth.

In value terms, the largest magnesite importing markets into Slovenia were Democratic Republic of the Congo ($X), India ($X) and Zambia ($X), with a combined X% share of total imports. These countries were followed by the U.S., Ireland, Germany, Malaysia, South Africa, New Zealand, the Czech Republic, Poland, Italy and Slovenia, which together accounted for a further X terms of the main importing countries, Poland experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the magnesite import price in Slovenia amounted to $X per ton, surging by X% against the previous year. In general, the import price indicated a moderate increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, magnesite import price decreased by -X% against 2016 indices. The pace of growth was the most pronounced in 2011 an increase of X% against the previous year. In that year, the import prices for magnesite attained their peak level of $X per ton. From 2012 to 2018, the growth in terms of the import prices for magnesite failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Zambia ($X per ton), while Poland ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic Republic of the Congo, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform