In 2023, Canada led the global import of magnesium raspings, closely followed by Germany and India. Switzerland exhibited the highest year-on-year growth among major importers. Notably, Japan and the United States saw significant declines in their import values. Emerging importers like Malta and Namibia posted remarkable growth percentages, although from smaller baselines.
Looking ahead, the global magnesium raspings market may face volatility given the geopolitical landscape and potential supply chain disruptions. Countries might shift towards domestic sourcing or diversification of suppliers to mitigate risks, potentially reshaping import dynamics. Monitoring these changes will be critical in understanding future import trends.
Top countries in Import of Magnesium Raspings, Turnings Size Graded Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Canada | 27.58 | 2023 | +4.87% | +4.91% | View data |
| 2 | 2 Germany | 16.71 | 2023 | +0.49% | +1.15% | View data |
| 3 | 3 India | 10.49 | 2023 | +4.27% | +5.41% | View data |
| 4 | 4 Slovakia | 7.53 | 2023 | +4.82% | +2.18% | View data |
| 5 | 5 Netherlands | 7.06 | 2023 | +3.8% | +4.66% | View data |
| 6 | 6 South Africa | 4.56 | 2023 | +3.65% | +4.95% | View data |
| 7 | 7 United Kingdom | 3.55 | 2023 | +0.8% | +0.1% | View data |
| 8 | 8 Japan | 3.41 | 2023 | -2.91% | -3.88% | View data |
| 9 | 9 Serbia | 2.69 | 2023 | +4.32% | +3.04% | View data |
| 10 | 10 Poland | 2.4 | 2023 | +2.9% | +3.74% | View data |