Market research

Magnesite market in MENA

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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"MENA" region includes following countries:

Algeria

Bahrain

Djibouti

Egypt

Israel

Jordan

Iran

Iraq

Qatar

Kuwait

Lebanon

Libya

Malta

Morocco

the United Arab Emirates

Oman

Saudi Arabia

Syria

Tunisia

Yemen

Earlier Report Observations

The natural magnesium carbonate market in the MENA region showed considerable volatility in volume from 2018 to 2022. The market size contracted from 612.9 thousand tonnes in 2018 to 572.8 thousand tonnes in 2019, then expanded sharply to 632.5 thousand tonnes in 2020, before tapering off to 607.0 thousand tonnes in 2021 and 582.9 thousand tonnes in 2022.

This trajectory closely followed domestic production, which peaked at 632.3 thousand tonnes in 2020. The subsequent decline in market volume coincided with reduced production levels and shifts in international trade, as import and export flows adjusted each year.

By 2024, new structural factors began influencing the market's operating environment. The establishment of the Regional Voluntary Carbon Market Company in late 2022, backed by significant investment, is designed to support regional carbon neutrality goals, affecting demand in the chemical sector. Concurrently, a major expansion of renewable energy and electricity storage projects in North Africa, alongside a 30% surge in regional e-commerce, is reshaping supply chains and industrial demand for materials like magnesite.

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 MENA
  1. 5.1.1. Annual dynamics of production in MENA 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. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Algeria in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Algeria by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Algeria in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Algeria by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Algeria, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Algeria by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Algeria by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Algeria in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Algeria by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Algeria in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Algeria by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Algeria, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Algeria 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 MENA

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

In 2020, MENA produced 632.3 K t of magnesite, representing a 10.2% increase from the previous year. Over the 2017-2020 period, production grew by 15.6%, with a compound annual growth rate (CAGR) of 5.0%. The largest decline occurred in 2019 at 5.8%, while the most significant increase was recorded in 2018 at 11.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.3%	(5.8%)	10.2%	5.0%

Source: SHEV.io

Exports magnesite from MENA

Exports in kind, t

MENA's magnesite export volumes have risen for the third consecutive year. In 2020, exports reached 7 039 t, showing a moderate 5.7% increase from the previous year. Between 2017 and 2020, exports surged by 2 454%, translating to an annualized growth rate of 194.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	279.7%	536.6%	5.7%	194.5%

Source: SHEV.io

From 2017 to 2020, India dominated magnesite exports from MENA in kind, accounting for 95.2% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

MENA's magnesite export value has increased for the third year in a row. In 2020, exports amounted to 411 K $ US, reflecting a modest 3.6% uptick compared to the prior year. Between 2017 and 2020, exports grew by 114.9%, with an annualized rate of 29.0%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	18.6%	74.9%	3.6%	29.0%

Source: SHEV.io

During 2017-2020, India (64.7% of exports in value terms), France (11.4%), and China (3.2%) together absorbed 79.3% of total magnesite export value from MENA, positioning them as the primary destinations.

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

Source: SHEV.io

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

Source: SHEV.io

Imports magnesite to MENA

Imports in kind, t

MENA's magnesite import volumes have increased for the second consecutive year. In 2020, imports totaled 7 265 t, which is 30.5% higher than in 2019. Over the 2017-2020 period, imports rose by 19.9%, with a CAGR of 6.2%. The lowest volume was recorded in 2018 at 5 040 t, marking a 16.8% decline that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(16.8%)	10.4%	30.5%	6.2%

Source: SHEV.io

From 2017 to 2020, Pakistan (41.3% of imports in kind), China (22.5%), and India (9.6%) were the leading sources in MENA's import structure, collectively representing 73.4% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

MENA's magnesite import value has declined for the second year in a row. In 2020, imports stood at 1 746 K $ US, showing a substantial 20.2% decrease from 2019. Over the 2017-2020 period, imports increased by 23.2%, with a CAGR of 7.2%. The peak value was recorded in 2018 at 1 746 K $ US, reflecting a significant 60.7% increase that year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	60.7%	(4.0%)	(20.2%)	7.2%

Source: SHEV.io

The partner structure for magnesite imports in value terms from 2017 to 2020 was fragmented, with China (18.0% of imports in value terms), India (16.2%), and Spain (14.6%) together accounting for only 48.8% of total flows, and no single country achieving a dominant share.

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

Source: SHEV.io

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

Source: SHEV.io