| Product Code: ETC4860119 | Publication Date: Nov 2023 | Updated Date: Sep 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Ethiopia Magnesium Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 0.05% in 2025, growth builds up to 0.07% by 2029.

Ethiopia`s magnesium market has been expanding as the demand for lightweight metals in construction and manufacturing grows. The versatility of magnesium in producing alloys, refractories, and other applications positions it as a strategic material for Ethiopia`s industrial growth.
The magnesium market in Ethiopia is benefiting from the growing demand for this versatile metal across a range of industries, including automotive, construction, and electronics. Magnesiums lightweight and high-strength properties make it an ideal material for use in automotive parts, particularly in the production of lightweight vehicles to improve fuel efficiency. As Ethiopias automotive and manufacturing sectors grow, the demand for magnesium is rising. Additionally, the increasing use of magnesium in the production of aluminum alloys and other industrial applications is contributing to the expansion of the magnesium market in Ethiopia.
The Ethiopia magnesium market is driven by its versatility and applications across multiple industries, including automotive, aerospace, and agriculture. The rising demand for lightweight materials and fertilizers containing magnesium is accelerating market growth, alongside technological advancements in extraction and processing methods.
Magnesiums versatile applications in industries like automotive and construction have led Ethiopia to consider policies that prioritize mining, refining, and export of magnesium. The government may offer tax breaks for investors in magnesium extraction and production, alongside programs aimed at sustainable resource management.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ethiopia Magnesium Market Overview |
3.1 Ethiopia Country Macro Economic Indicators |
3.2 Ethiopia Magnesium Market Revenues & Volume, 2021 & 2031F |
3.3 Ethiopia Magnesium Market - Industry Life Cycle |
3.4 Ethiopia Magnesium Market - Porter's Five Forces |
3.5 Ethiopia Magnesium Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Ethiopia Magnesium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Ethiopia Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Ethiopia Magnesium Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Ethiopia Magnesium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for magnesium in the automotive industry for lightweight components |
4.2.2 Growth in the construction sector leading to higher usage of magnesium alloys |
4.2.3 Rising awareness about the benefits of magnesium in healthcare and pharmaceutical applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Lack of advanced technology and infrastructure for magnesium extraction and processing |
4.3.3 Limited availability of skilled workforce in the magnesium industry |
5 Ethiopia Magnesium Market Trends |
6 Ethiopia Magnesium Market Segmentations |
6.1 Ethiopia Magnesium Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Ethiopia Magnesium Market Revenues & Volume, By Thermal Reduction Process, 2021-2031F |
6.1.3 Ethiopia Magnesium Market Revenues & Volume, By Electrolytic Process, 2021-2031F |
6.1.4 Ethiopia Magnesium Market Revenues & Volume, By Recycling, 2021-2031F |
6.2 Ethiopia Magnesium Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Ethiopia Magnesium Market Revenues & Volume, By Pure Magnesium, 2021-2031F |
6.2.3 Ethiopia Magnesium Market Revenues & Volume, By Magnesium Compounds, 2021-2031F |
6.2.4 Ethiopia Magnesium Market Revenues & Volume, By Magnesium Alloys, 2021-2031F |
6.2.5 Ethiopia Magnesium Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ethiopia Magnesium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Ethiopia Magnesium Market Revenues & Volume, By Die casting, 2021-2031F |
6.3.3 Ethiopia Magnesium Market Revenues & Volume, By Aluminum alloys, 2021-2031F |
6.3.4 Ethiopia Magnesium Market Revenues & Volume, By Titanium reduction, 2021-2031F |
6.3.5 Ethiopia Magnesium Market Revenues & Volume, By Iron & steelmaking, 2021-2031F |
6.3.6 Ethiopia Magnesium Market Revenues & Volume, By others, 2021-2031F |
6.4 Ethiopia Magnesium Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Ethiopia Magnesium Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Ethiopia Magnesium Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Ethiopia Magnesium Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Ethiopia Magnesium Market Revenues & Volume, By Medical and Healthcare, 2021-2031F |
6.4.6 Ethiopia Magnesium Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Ethiopia Magnesium Market Revenues & Volume, By Electronics, 2021-2031F |
7 Ethiopia Magnesium Market Import-Export Trade Statistics |
7.1 Ethiopia Magnesium Market Export to Major Countries |
7.2 Ethiopia Magnesium Market Imports from Major Countries |
8 Ethiopia Magnesium Market Key Performance Indicators |
8.1 Research and development investment in new magnesium applications |
8.2 Adoption of sustainable practices in magnesium production |
8.3 Number of partnerships and collaborations for technology transfer in the magnesium sector |
9 Ethiopia Magnesium Market - Opportunity Assessment |
9.1 Ethiopia Magnesium Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Ethiopia Magnesium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Ethiopia Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Ethiopia Magnesium Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Ethiopia Magnesium Market - Competitive Landscape |
10.1 Ethiopia Magnesium Market Revenue Share, By Companies, 2024 |
10.2 Ethiopia Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |