According to statistics from the General Administration of Customs, in December 2024, China exported approximately 39,200 mt of various magnesium products, up 4.81% MoM and up 9.80% YoY. The export value was approximately $98 million, up 1.03% MoM but down 13.27% YoY.
From January to December 2024, China exported a total of approximately 459,800 mt of various magnesium products, up 13.62% YoY, with a cumulative export value of approximately $1.29 billion, down 7.10% YoY. Among them, magnesium ingots accounted for approximately 266,000 mt, up 24.42% YoY; magnesium alloys accounted for approximately 95,300 mt, down 8.37% YoY; and magnesium powder accounted for approximately 82,500 mt, up 11.94% YoY.
Export Statistics of Various Magnesium Products in China, January-December 2024 (Unit: 10,000 mt, $10,000)
(Data Source: General Administration of Customs)
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