The global export of Magnesium Raspings and Turnings in 2023 showcases China's dominance, accounting for over 81% of share by kilograms. Germany, Romania, and Slovenia follow distantly, each holding less than 5% of the market. Notable trends include significant growth in exports from Slovenia and Romania, while traditional exporters such as Germany and the United States show modest increases. Conversely, countries like Russia and Italy experienced declines, indicating shifting dynamics in their export capabilities.
Future trends to watch include:
- Potential continued expansion of China's export base with investments to maintain its position.
- Emerging exporters such as Kuwait and Slovenia showing rapid growth, which may alter regional balances.
- Potential recovery or further decline in exports from nations like Italy and Russia, influenced by geopolitical and economic factors.
- Environmental regulations impacting production and export strategies worldwide.
Top countries in Export of Magnesium Raspings, Turnings Size Graded Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 81.42 | 2023 | +1.01% | +1.02% | View data |
| 2 | 2 Germany | 4.58 | 2023 | -1.04% | +0.56% | View data |
| 3 | 3 Romania | 3.15 | 2023 | +6.2% | +4.42% | View data |
| 4 | 4 Slovenia | 2.89 | 2023 | +3.38% | +36.35% | View data |
| 5 | 5 Netherlands | 1.1 | 2023 | +4.46% | -1.36% | View data |
| 6 | 6 Poland | 0.98 | 2023 | +3.67% | -1.4% | View data |
| 7 | 7 United States | 0.9 | 2023 | -0.17% | +0.54% | View data |
| 8 | 8 Canada | 0.55 | 2023 | -7.47% | -6.69% | View data |
| 9 | 9 Switzerland | 0.55 | 2023 | -0.79% | +4.72% | View data |
| 10 | 10 South Korea | 0.34 | 2023 | +0.45% | -1.18% | View data |
