The global demand for magnesium
World consumption of magnesium, from 2008 to 2015, growing on average by 1.6% per year, but in 2008 saw a decline of 7%, and in 2009 — 19%, then over the next two years it grew by 18% and 9%. In 2012 and 2013 the growth was low, but in 2014 it was 8% and reached a peak of almost 1 million tons. The demand on the world market will continue to grow on average by 3.4% annually, and its consumption by 2020 will reach almost 1.2 million tons per year.
World primary magnesium production has grown on average by 6% annually from 500 thousand in 2002 to 940 thousand tons in 2014, Preliminary data indicate that production in 2015 decreased by 4% to approximately 900.000 tons In 2015, only 7 countries have published statistics on the production of primary magnesium metal, and in China the figure was 702.000. t or 78% of world volumes. Also, Russia and the United States produced 14% of world volumes.
Its production is estimated at 200−250 thousand tons per year, of which 125.000 tons a year comes from the United States. In China, there are over 50 companies in the smelting of magnesium, most of which are located in the provinces of Shaanxi and Shanxi, and the share of which in 2015 had 61% and 28% of the produced volumes, respectively.
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