Market research

Magnesite market in Americas

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$500

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

"Americas" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

Between 2018 and 2022, magnesite production in the Americas fell from 3 238 thousand tons to 2 217 thousand tons, with a steep drop occurring in 2020. Market volume followed a similar path, declining to 2 214 thousand tons in 2022 from 3 239 thousand tons in 2018.

In 2019, Omya launched Omya Magprill, a granule combining magnesium carbonate and calcium carbonate for soil and agricultural applications, expanding its product portfolio in this segment. The market contraction in 2020 was followed by a modest recovery in 2021-2022. This recovery coincided with Graymont Ltd. acquiring a limestone quarry to secure raw material supply for magnesium carbonate production, enhancing its operational capabilities. Additionally, the Canadian government announced a Critical Minerals Strategy with CAD 3.8 billion in funding to expand domestic mineral processing, including magnesite, supporting regional supply.

For the later years of the period, factors such as continued research into ore characteristics, growing demand from pharmaceutical and construction sectors, and a strong emphasis on eco-friendly production methods and sustainability initiatives were noted. Environmental regulations and the emergence of new applications, including in nanotechnology and bone health supplements, continued to influence the market landscape.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2022
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2022
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Americas
  1. 5.1.1. Annual dynamics of production in Americas in kind, 2018-2022, K t
2. 5.2. Global production by Country, 2018-2022
  1. 5.2.1. Annual dynamics of production by country in kind, 2018-2022, K t
  2. 5.2.2. Structure of production by countries in kind, 2018-2022
  3. 5.2.3. Dynamics of peoduction structure by countries in kind, 2018-2022
6. Exports
1. 6.1. Exports (Direct Data*)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data*)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production magnesite in Americas

In kind, 2017-2020, K t

Top producers of magnesite, 2017-2020

Source: SHEV.io

World map of production of magnesite, 2017-2020

Source: SHEV.io

Magnesite production in the Americas declined for the third year in a row. In 2020, production reached 2 155 thousand tonnes, marking a 31.5% decrease compared to the previous year. From 2017 to 2020, production fell by 40.9%, which translates to an average annual decline of 16.1%.

Annual dynamics of production in Americas in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(11.2%)	(2.8%)	(31.5%)	(16.1%)

Source: SHEV.io

Exports magnesite from Americas

Exports in kind, t

The market showed significant volatility during this period. The lowest export volume was recorded in 2020 at 1 934 tonnes, while the highest was in 2019 at 7 032 tonnes, representing a 3.6-fold difference between these years. In 2020, exports dropped by 72.5% compared to the prior year. The largest increase occurred in 2019, with a growth of 95.4%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	79.3%	95.4%	(72.5%)	(1.2%)

Source: SHEV.io

From 2017 to 2020, the Netherlands was the leading destination for magnesite exports from the Americas, accounting for 13.1% of total export volumes.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Market performance exhibited noticeable fluctuations over these years. The lowest value was in 2017, while the peak occurred in 2018, with a 1.7-fold difference between these two years. In 2020, export value amounted to 1 141 thousand US dollars, reflecting a 15.5% year-on-year decline. The highest value was recorded in 2018 at 1 532 thousand US dollars, and the largest increase was in 2018, with a rise of 74.0%.

Annual dynamics of product's exports from Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	74.0%	(11.9%)	(15.5%)	9.0%

Source: SHEV.io

During 2017–2020, the Netherlands held the top position in magnesite export value from the Americas, with a share of 6.2%.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in value, 2017-2020

Source: SHEV.io

Imports magnesite to Americas

Imports in kind, t

Magnesite imports into the Americas fell for the third consecutive year. In 2020, imports stood at 2 149 tonnes, down by 40.8% compared to the previous year. Between 2017 and 2020, imports decreased by 76.2%, averaging an annual decline of 38.0%.

Annual dynamics of product's imports to Americas in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(48.4%)	(22.2%)	(40.8%)	(38.0%)

Source: SHEV.io

From 2017 to 2020, the main sources for magnesite imports in kind to the Americas were China (8.2% of imports), Japan (1.1%), and Spain (0.9%), together making up 10.2% of total import volumes.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

Magnesite import value into the Americas declined for the third year in a row. In 2020, imports totaled 3 385 thousand US dollars, showing a modest 7.1% drop from 2019. Over the period from 2017 to 2020, imports fell by 22.9%, which corresponds to an average annual decrease of 8.3%.

Annual dynamics of product's imports to Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(13.0%)	(4.6%)	(7.1%)	(8.3%)

Source: SHEV.io

Between 2017 and 2020, magnesite imports in value terms to the Americas were not heavily concentrated. China (26.2% of import value), Japan (4.2%), and Spain (1.3%) combined accounted for 31.8% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in value, 2017-2020

Source: SHEV.io