Magnesium and magnesium articles market in Germany

Earlier Report Observations

The German market for magnesium and magnesium articles showed a declining volume trend from approximately 69 000 t in 2018 to about 45 000 t in 2024, despite a significant temporary recovery in 2021. This overall contraction unfolded alongside strong and stable consumer demand for magnesium in the dietary supplement segment, where it remained the leading mineral in new product launches throughout the period.

A key supply-side change was the entry of new players from Turkey and Iran expanding their magnesium production in 2018, intensifying market competition. The notable market volume rebound in 2021 was directly supported by magnesium being one of the top-selling minerals in Germany, indicating high consumer demand, alongside improved raw material procurement conditions that year.

Later years saw industrial demand drivers emerge, including the introduction of new magnesium alloy grades for aerospace and a growing need for magnesium metal in electric vehicle components, supported by state initiatives. However, these expansions were counterbalanced by persistent raw material price volatility, global supply chain disruptions affecting cost structures, and the 2024 implementation of regulatory maximum levels for magnesium in food and supplements, which together contributed to the lower overall market volumes.

Production magnesium and magnesium articles in Germany

In value, 2017-2020, K $ US

Germany's production of magnesium and magnesium articles has declined for the third year in a row. In 2020, output was valued at 75 846 thousand US dollars, marking a moderate year-over-year decrease of 9.1%. From 2017 to 2020, production fell by 22.8%, which translates to an annualized decline rate of 8.3%.

Annual dynamics of production in Germany in value, 2017-2020, K $ US

In kind, 2017-2020, t

Germany's production of magnesium and magnesium articles has declined for the third consecutive year. In 2020, the country produced 13 018 tonnes, representing a significant reduction of 31.7% compared to 2019. Over the 2017-2020 period, production decreased by 36%, with a compound annual growth rate (CAGR) of -13.8%.

Annual dynamics of production in Germany in kind, 2017-2020, t

Exports magnesium and magnesium articles from Germany

Exports in kind, t

Germany's exports of magnesium and magnesium articles have fallen for the third year in a row. In 2020, export volume totaled 17 238 tonnes, showing a drop of 23.9% from the previous year. Between 2017 and 2020, exports decreased by 37.4%, with a compound annual growth rate (CAGR) of -14.4%.

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

From 2017 to 2020, Germany's exports of magnesium and magnesium articles in volume terms were not heavily concentrated. Austria accounted for 14.8% of exports, Switzerland for 12.0%, and Czechia for 10.0%. Together, these three countries captured only 36.8% of total export flows.

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

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

Exports in value, M $ US

Germany's exports of magnesium and magnesium articles have declined for the third consecutive year. In 2020, exports reached 58.1 million US dollars, which is 17.9% lower than in 2019. Over the 2017-2020 period, exports decreased by 23.5%, with a compound annual growth rate (CAGR) of -8.5%.

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

Between 2017 and 2020, Austria, the United States, and Switzerland played notable but not dominant roles as buyers of German magnesium and magnesium articles in value terms. Austria accounted for 16.9% of exports, the United States for 9.4%, and Switzerland for 8.1%. Their combined share reached only 34.4% of total export value.

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

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

Imports magnesium and magnesium articles to Germany

Imports in kind, t

Germany's imports of magnesium and magnesium articles have declined for the third year in a row. In 2020, imports amounted to 55 641 tonnes, marking a drop of 19.8% compared to 2019. From 2017 to 2020, imports decreased by 27.9%, with a compound annual growth rate (CAGR) of -10.3%.

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

From 2017 to 2020, China, the Netherlands, and Austria were the primary suppliers of magnesium and magnesium articles to Germany in volume terms. China accounted for 55.6% of imports, the Netherlands for 12.1%, and Austria for 12.0%. Together, these three countries made up 79.8% of total import volume.

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

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

Imports in value, M $ US

Germany's imports of magnesium and magnesium articles have fallen for the third consecutive year. In 2020, import value was recorded at 142.0 million US dollars, which is 26.2% lower than the prior year. Between 2017 and 2020, imports decreased by 30.5%, equating to an annualized decline rate of 11.4%.

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

Between 2017 and 2020, China, Austria, and the Netherlands were the main sources of Germany's imports of magnesium and magnesium articles in value terms. China accounted for 53.1% of imports, Austria for 15.1%, and the Netherlands for 12.2%. Together, these three markets represented 80.5% of total import flows.

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

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