North America Magnesium Prices Movement Q1:

Magnesium Prices in Canada:

In Q4 2024, magnesium price chart in Canada rose to 1,190 USD/MT by December. Increased demand for magnesium chloride, used as a de-icer, drove prices during winter. Freight transport disruptions across North America added to price volatility, straining logistics and creating supply issues that contributed to the upward price movement.

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Note: The analysis can be tailored to align with the customer's specific needs.

APAC Magnesium Prices Movement:

Magnesium Prices in China:

Magnesium prices in China fell to 2,360 USD/MT in December 2024. Typhoon-related port disruptions and weak demand from construction and personal care sectors pushed prices down. However, increased demand from automotive and agrochemical industries provided some support. Overall, the market experienced mixed trends with downward pressure dominating the quarter.

Regional Analysis:  The price analysis can be extended to provide detailed Magnesium prices information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

APAC Magnesium Prices Movement:

Magnesium Prices in Japan:

Japan's magnesium prices declined to 2,540 USD/MT by December 2024. Weak demand in the construction and pharmaceutical sectors contributed to the drop. Despite some resilience, the market struggled to maintain stability. The overall APAC magnesium market faced a challenging quarter due to falling consumption and subdued industrial demand.

Regional Analysis:  The price analysis can be extended to provide detailed Magnesium price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Europe Magnesium Prices Movement:

Magnesium Prices in France:

In France, magnesium prices dropped to 3,010 USD/MT in December 2024. Sluggish demand from downstream industries and global economic concerns exerted pressure. Additionally, cost and availability fluctuations of key raw materials like magnesite and dolomite contributed to uncertainty in supply and pricing, adding to the decline in market stability.

Regional Analysis:  The price analysis can be expanded to include detailed Magnesium price data for a wide range of European countries, such as:

Germany, France, the United Kingdom, Italy, Spain, Russia, Turkey, the Netherlands, Poland, Sweden, Belgium, Austria, Ireland, Switzerland, Norway, Denmark, Romania, Finland, the Czech Republic, Portugal, and Greece, along with other European nations.

APAC Magnesium Prices Movement:

Magnesium Prices in Thailand:

Thailand’s magnesium prices declined to 1,810 USD/MT in December 2024. The drop stemmed from reduced consumption due to global economic uncertainty and lower activity in pharmaceuticals and construction. Supply chain issues also hampered distribution. As industrial demand weakened, market sentiment turned bearish, influencing magnesium prices across the Southeast Asian region.

Regional Analysis:  The price analysis can be extended to provide detailed Magnesium price information for the following list of countries.

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Thailand, South Korea, Malaysia, Nepal, Taiwan, Sri Lanka, Hongkong, Singapore, Australia, and New Zealand, among other Asian countries.

Factors Affecting Magnesium Prices:

Magnesium prices were shaped by seasonal demand, logistics disruptions, weak downstream consumption, and global economic uncertainty. Weather events, supply chain challenges, and raw material availability also influenced pricing trends. Regional sectors like automotive, construction, and pharmaceuticals played key roles in driving or weakening market momentum.

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Key Coverage:

• Market Analysis
• Market Breakup by Region
• Demand Supply Analysis by Type
• Demand Supply Analysis by Application
• Demand Supply Analysis of Raw Materials
• Price Analysis
  • Spot Prices by Major Ports
  • Price Breakup
  • Price Trends by Region
  • Factors influencing the Price Trends
• Market Drivers, Restraints, and Opportunities
• Competitive Landscape
• Recent Developments
• Global Event Analysis

How IMARC Pricing Database Can Help:

The latest IMARC Group study, “Magnesium Prices, Trend, Chart, Demand, News, Historical and Forecast Data 2025 Edition,” presents a detailed analysis of Magnesium price trend, offering key insights into global Magnesium market dynamics. This report includes comprehensive price charts, which trace historical data and highlights major shifts in the market.

The analysis delves into the factors driving these trends, including raw material costs, production fluctuations, and geopolitical influences. Moreover, the report examines Magnesium demand, illustrating how consumer behaviour and industrial needs affect overall market dynamics. By exploring the intricate relationship between supply and demand, the prices report uncovers critical factors influencing current and future prices.

About Us:

IMARC Group is a global management consulting firm that provides a comprehensive suite of services to support market entry and expansion efforts. The company offers detailed market assessments, feasibility studies, regulatory approvals and licensing support, and pricing analysis, including spot pricing and regional price trends. Its expertise spans demand-supply analysis alongside regional insights covering Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa. IMARC also specializes in competitive landscape evaluations, profiling key market players, and conducting research into market drivers, restraints, and opportunities. IMARC’s data-driven approach helps businesses navigate complex markets with precision and confidence.

IMARC Group provides professional chemical price analysis services to enable businesses to leverage their pricing and maximize profitability. Our thorough research examines market trends, competitor prices, customer willingness-to-pay, and costs, making data-driven decisions possible. By establishing pricing opportunities and cost-saving initiatives, we enable organizations to remain competitive and maximize market potential. Whether it's creating dynamic pricing strategies, performing cost benchmarking, or analysing pricing effects, our customized solutions enable companies to realize sustainable growth.

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