In 2022, the market volume of magnesium oxide (MgO) amounted to approximately 15.18 million metric tons worldwide. By the year 2030, this figure is forecast to grow to around 22.6 million metric tons. Meanwhile, the market value of magnesium oxide reached some 5.13 billion U.S. dollars in 2022.
Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030
(in million metric tons)
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AgileIntel Research. (July 5, 2023). Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/
AgileIntel Research. "Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons)." Chart. July 5, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/
AgileIntel Research. (2023). Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/
AgileIntel Research. "Market Volume of Magnesium Oxide Worldwide from 2015 to 2022, with a Forecast for 2023 to 2030 (in Million Metric Tons)." Statista, Statista Inc., 5 Jul 2023, https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/
AgileIntel Research, Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) Statista, https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/ (last visited November 22, 2024)
Market volume of magnesium oxide worldwide from 2015 to 2022, with a forecast for 2023 to 2030 (in million metric tons) [Graph], AgileIntel Research, July 5, 2023. [Online]. Available: https://www.statista.com/statistics/1310514/magnesium-oxide-market-volume-worldwide/