Magnesium and magnesium articles market in Romania

Earlier Report Observations

The market for magnesium and magnesium articles in Romania contracted over the period from 2020 to 2024, with volume falling from 19 659 tonnes to 15 087 tonnes. This decline was partly driven by the introduction of regulations in 2022 that mandated a gradual reduction in single-use plastics and required clear labeling for such products. These rules increased packaging costs and altered demand for magnesium-containing items like dietary supplements, contributing to lower overall consumption.

Domestic production of magnesium fell sharply from 8 111 tonnes in 2020 to 3 033 tonnes in 2023, before a modest recovery to 3 569 tonnes in 2024. During this time, the waste management sector saw growing business activity and an increase in the number of firms handling recyclable materials, including magnesium scrap. However, repeated delays in implementing a centralized Clearing House for electronic waste management hindered the development of an efficient recycling infrastructure, which may have limited the supply of secondary magnesium and affected production trends.

Production magnesium and magnesium articles in Romania

In value, 2017-2020, K $ US

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

In kind, 2017-2020, t

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

Exports magnesium and magnesium articles from Romania

Exports in kind, t

After two years of growth, Romania's exports of magnesium and magnesium articles declined. In 2019, exports reached their peak at 6 279 tons, with the largest annual increase of 14.6% recorded that year. However, by 2020, exports had dropped to 4 112 tons, marking a sharp decline of 34.5% compared to 2019. Over the entire period from 2017 to 2020, exports decreased by 17.8%, which translates to an average annual decline of 6.3%.

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

From 2017 to 2020, the main destinations for Romania's exports of magnesium and magnesium articles in volume terms were Germany, Serbia, and France. Germany accounted for 39.7% of exports, Serbia for 33.6%, and France for 4.8%. Together, these three countries represented 78.1% of total export flows during this period.

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

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

Exports in value, K $ US

Following two years of gains, Romania's exports of magnesium and magnesium articles in value terms experienced a decline. In 2019, exports peaked at 17 644 thousand US dollars, with the largest annual increase of 24.8% occurring in 2018. By 2020, exports had fallen to 11 103 thousand US dollars, reflecting a significant drop of 37.1% compared to 2019. Over the 2017-2020 period, exports decreased by 16.7%, corresponding to an average annual decline of 5.9%.

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

Between 2017 and 2020, Germany, Serbia, and France led the structure of Romania's exports in value terms. Germany held a 41.7% share, Serbia accounted for 28.0%, and France made up 7.5%. Collectively, these three countries represented 77.1% of total export value flows during this timeframe.

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

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

Imports magnesium and magnesium articles to Romania

Imports in kind, t

After two years of increase, Romania's imports of magnesium and magnesium articles in volume terms declined. In 2019, imports reached their highest point at 21 278 tons, with the largest annual increase of 11.1% recorded in 2018. By 2020, imports had decreased to 15 660 tons, down by 26.4% compared to 2019. Over the 2017-2020 period, imports fell by 13.6%, equating to an average annual decline of 4.7%.

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

From 2017 to 2020, China, Germany, and Austria were the top suppliers of magnesium and magnesium articles to Romania in volume terms. China dominated with a 58.9% share, followed by Germany at 20.0%, and Austria at 8.6%. Together, these three countries accounted for 87.4% of total import volumes during this period.

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

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

Imports in value, K $ US

Following two years of improvement, Romania's imports of magnesium and magnesium articles in value terms saw a decline. In 2019, imports peaked at 58 773 thousand US dollars, with the largest annual increase of 12.5% occurring in 2018. By 2020, imports had dropped to 37 000 thousand US dollars, reflecting a steep decrease of 37.0% compared to 2019. Over the 2017-2020 period, imports decreased by 20.5%, which translates to an average annual decline of 7.3%.

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

Throughout 2017 to 2020, China, Germany, and Austria remained the primary sources for Romania's imports of magnesium and magnesium articles in value terms. China held a 59.8% share, Germany accounted for 18.7%, and Austria made up 9.4%. Collectively, these three countries represented 87.9% of total import value flows during this timeframe.

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

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