The 2023 assessment of global magnesium waste or scrap imports reveals that the United States is the leading importer with 22.421 million kilograms. Hungary, Serbia, and the Czech Republic follow, each importing over 5 million kilograms, with notable growth observed in Serbia (5.42%) and Germany (4.24%). The analysis indicates a declining trend in Italy, Philippines, and South Africa. Lithuania shows a significant rise with 12.23%. Overall, while most countries exhibit positive growth, the negative shifts in others warrant attention.
Future trends to monitor include technological advancements driving recycling efficiencies, geopolitical factors affecting trade volumes, and environmental regulations influencing import demands. Watch for shifts in industrial applications across regions impacting global import patterns.
Top countries in Import of Magnesium Waste or Scrap by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 22,421,000 | 2023 | +1.19% | +0.23% | View data |
| 2 | 2 Hungary | 6,697,100 | 2023 | +0.48% | +0.86% | View data |
| 3 | 3 Serbia | 5,834,600 | 2023 | +4.33% | +5.42% | View data |
| 4 | 4 Czech Republic | 5,798,000 | 2023 | -1.12% | -1.78% | View data |
| 5 | 5 Brazil | 5,621,700 | 2023 | +3.37% | +2.46% | View data |
| 6 | 6 Germany | 5,446,000 | 2023 | +0.99% | +4.24% | View data |
| 7 | 7 Austria | 2,709,400 | 2023 | -2.88% | +0.81% | View data |
| 8 | 8 Ukraine | 2,388,900 | 2023 | +3.47% | +4.59% | View data |
| 9 | 9 South Korea | 2,348,900 | 2023 | +6.27% | +4.82% | View data |
| 10 | 10 Romania | 1,521,000 | 2023 | +5.13% | +6.51% | View data |
