The Natural Magnesium Carbonate and Magnesium Oxide market in Portugal showed a fluctuating trend in value per capita from 2013 to 2023, starting at $1.24 in 2013 and settling at $1.17 in 2023. The market witnessed a downward trend until 2017, reaching $1.05, before experiencing a brief increase in 2018 to $1.32. However, the subsequent years up to 2023 showed slight fluctuations with minimal year-on-year changes, stabilizing at $1.17 in 2023. Over the last two years, the market stood relatively steady. The 5-year CAGR indicates a fairly stable market with slight overall decline.
Future trends to watch include the potential for increased demand driven by shifts in industrial applications and environmental regulations favoring magnesium compounds. Attention should be given to technological advancements in production and processing, as well as potential shifts in global supply chains.
| # | 11 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 South Korea | 5.86 | 2023 | View data | ||
| 2 | 2 Italy | 2.88 | 2023 | View data | ||
| 3 | 3 France | 2.36 | 2023 | View data | ||
| 4 | 4 United Kingdom | 2.31 | 2023 | View data | ||
| 5 | 5 Belgium | 2.17 | 2023 | View data | ||
| 6 | 6 Romania | 1.5 | 2023 | View data | ||
| 7 | 7 Switzerland | 1.35 | 2023 | View data | ||
| 8 | 8 Portugal | 1.17 | 2023 | |||
| 9 | 9 Argentina | 1.03 | 2023 | View data | ||
| 10 | 10 Colombia | 0.82 | 2023 | View data | ||
