In 2023, China dominated the global export of magnesia, fused, dead-burned C, and magnesium oxide, representing 51.02% of the market. Brazil, Germany, and Slovakia followed, with contributions of 7.25%, 4.27%, and 4.23% respectively. In terms of growth, the Czech Republic showed significant improvement with a 4.36% increase, while the Netherlands experienced a notable decline of 11.23%.
Over the past five years, Slovenia showed an impressive growth trend, diverging significantly from the negative trends observed in Russia and Belgium. The upcoming year will likely see potential shifts with increasing movements in countries like Kazakhstan and Kyrgyzstan.
Future trends to watch include the potential increase in market share for emerging exporters like Kazakhstan and Kyrgyzstan, given their recent significant growth rates. Sustainability practices and technological advancements in production may impact competitive dynamics within this sector.
Top countries in Export of Magnesia, Fused, Dead-Burned C and Magnesium Oxide Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 51.02 | 2023 | +3.8% | +1.53% | View data |
| 2 | 2 Brazil | 7.25 | 2023 | +4.1% | +3.36% | View data |
| 3 | 3 Germany | 4.27 | 2023 | +3.23% | +2.25% | View data |
| 4 | 4 Slovakia | 4.23 | 2023 | +0.71% | -0.92% | View data |
| 5 | 5 United States | 3.75 | 2023 | +3.14% | +2.12% | View data |
| 6 | 6 Japan | 3.75 | 2023 | +1.2% | +1.8% | View data |
| 7 | 7 Israel | 3.29 | 2023 | +2.65% | +2.67% | View data |
| 8 | 8 Spain | 3.22 | 2023 | +1.33% | +0.99% | View data |
| 9 | 9 Greece | 1.75 | 2023 | +1.18% | -0.86% | View data |
| 10 | 10 Netherlands | 1.72 | 2023 | -12.55% | -11.23% | View data |
