New Zealand Magnesium Market (2025-2031) | Analysis, Outlook, Size, Value, Growth, Forecast, Segmentation, Trends, Revenue, Share, Companies & Industry

Market Forecast By Manufacturing Process (Thermal Reduction Process, Electrolytic Process, Recycling), By Product (Pure Magnesium, Magnesium Compounds, Magnesium Alloys, Others), By Application (Die casting, Aluminum alloys, Titanium reduction, Iron & steelmaking, others), By End-Use Industry (Aerospace & Defense, Automotive, Construction, Medical and Healthcare, Packaging, Electronics, others) And Competitive Landscape
Product Code: ETC4860164 Publication Date: Nov 2023 Updated Date: Nov 2025 Product Type: Market Research Report
Publisher: 6Wresearch Author: Sachin Kumar Rai No. of Pages: 60 No. of Figures: 30 No. of Tables: 5

New Zealand Magnesium Market Top 5 Importing Countries and Market Competition (HHI) Analysis

New Zealand`s magnesium import market in 2024 continues to be dominated by key exporters such as China, Australia, India, and the USA. Despite a high level of market concentration indicated by the Herfindahl-Hirschman Index (HHI), the industry experienced a negative compound annual growth rate (CAGR) of -1.7% from 2020 to 2024. The growth rate plummeted by -48.73% from 2023 to 2024, reflecting a challenging year for magnesium imports. Monitoring shifts in the market dynamics and exploring opportunities for diversification may be crucial for stakeholders in this sector.

Magnesium Market: New Zealand vs Top 5 Major Economies in 2027 (Asia)


By 2027, New Zealand's Magnesium market is forecasted to achieve a stable growth rate of 3.60%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.

Magnesium Market: New Zealand vs Top 5 Major Economies in 2027 (Asia)

New Zealand Magnesium Market Overview

The magnesium market encompasses the production, distribution, and consumption of magnesium metal and its alloys. In New Zealand, magnesium is utilized in various industries, including automotive, aerospace, healthcare, and electronics, driving demand for magnesium products and solutions.

Drivers of the market

The magnesium market in New Zealand is driven by the increasing demand for lightweight and high-performance materials in various industries, including automotive, aerospace, and electronics. Magnesium and its alloys offer exceptional strength-to-weight ratios, making them ideal for applications where weight reduction is crucial. The push for fuel efficiency and the need for advanced materials in manufacturing drive the demand for magnesium. Additionally, the development of new magnesium extraction and processing technologies enhances the availability and performance of magnesium products, supporting market growth.

Challenges of the market

The magnesium market faces challenges such as oversupply from global producers and price volatility due to fluctuating demand from key industries such as automotive and aerospace. Environmental concerns related to magnesium extraction and processing also pose challenges for sustainable market growth.

Government Policy of the market

Industrial policies, environmental regulations, and technological advancements shape the magnesium market. Government support for lightweight and high-strength materials in automotive and aerospace applications drives market demand. Compliance with environmental and safety standards in production processes is essential.

Key Highlights of the Report:

  • New Zealand Magnesium Market Outlook
  • Market Size of New Zealand Magnesium Market, 2024
  • Forecast of New Zealand Magnesium Market, 2031
  • Historical Data and Forecast of New Zealand Magnesium Revenues & Volume for the Period 2021-2031
  • New Zealand Magnesium Market Trend Evolution
  • New Zealand Magnesium Market Drivers and Challenges
  • New Zealand Magnesium Price Trends
  • New Zealand Magnesium Porter`s Five Forces
  • New Zealand Magnesium Industry Life Cycle
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Manufacturing Process for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Thermal Reduction Process for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Electrolytic Process for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Recycling for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Product for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Pure Magnesium for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Magnesium Compounds for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Magnesium Alloys for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Others for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Die casting for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Aluminum alloys for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Titanium reduction for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Iron & steelmaking for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By others for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By End-Use Industry for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Aerospace & Defense for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Medical and Healthcare for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of New Zealand Magnesium Market Revenues & Volume By others for the Period 2021-2031
  • New Zealand Magnesium Import Export Trade Statistics
  • Market Opportunity Assessment By Manufacturing Process
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Market Opportunity Assessment By End-Use Industry
  • New Zealand Magnesium Top Companies Market Share
  • New Zealand Magnesium Competitive Benchmarking By Technical and Operational Parameters
  • New Zealand Magnesium Company Profiles
  • New Zealand Magnesium Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the New Zealand Magnesium Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the New Zealand Magnesium Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

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 New Zealand Magnesium Market Overview

3.1 New Zealand Country Macro Economic Indicators

3.2 New Zealand Magnesium Market Revenues & Volume, 2021 & 2031F

3.3 New Zealand Magnesium Market - Industry Life Cycle

3.4 New Zealand Magnesium Market - Porter's Five Forces

3.5 New Zealand Magnesium Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F

3.6 New Zealand Magnesium Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 New Zealand Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F

3.8 New Zealand Magnesium Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F

4 New Zealand Magnesium Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing awareness about the health benefits of magnesium supplementation

4.2.2 Growing demand for magnesium in various industries like healthcare, agriculture, and automotive

4.2.3 Favorable government regulations promoting the use of magnesium in sustainable practices

4.3 Market Restraints

4.3.1 Fluctuating prices of magnesium due to global market trends

4.3.2 Challenges in sourcing raw materials for magnesium production

4.3.3 Limited consumer knowledge about the importance of magnesium in daily diet and health

5 New Zealand Magnesium Market Trends

6 New Zealand Magnesium Market Segmentations

6.1 New Zealand Magnesium Market, By Manufacturing Process

6.1.1 Overview and Analysis

6.1.2 New Zealand Magnesium Market Revenues & Volume, By Thermal Reduction Process, 2021-2031F

6.1.3 New Zealand Magnesium Market Revenues & Volume, By Electrolytic Process, 2021-2031F

6.1.4 New Zealand Magnesium Market Revenues & Volume, By Recycling, 2021-2031F

6.2 New Zealand Magnesium Market, By Product

6.2.1 Overview and Analysis

6.2.2 New Zealand Magnesium Market Revenues & Volume, By Pure Magnesium, 2021-2031F

6.2.3 New Zealand Magnesium Market Revenues & Volume, By Magnesium Compounds, 2021-2031F

6.2.4 New Zealand Magnesium Market Revenues & Volume, By Magnesium Alloys, 2021-2031F

6.2.5 New Zealand Magnesium Market Revenues & Volume, By Others, 2021-2031F

6.3 New Zealand Magnesium Market, By Application

6.3.1 Overview and Analysis

6.3.2 New Zealand Magnesium Market Revenues & Volume, By Die casting, 2021-2031F

6.3.3 New Zealand Magnesium Market Revenues & Volume, By Aluminum alloys, 2021-2031F

6.3.4 New Zealand Magnesium Market Revenues & Volume, By Titanium reduction, 2021-2031F

6.3.5 New Zealand Magnesium Market Revenues & Volume, By Iron & steelmaking, 2021-2031F

6.3.6 New Zealand Magnesium Market Revenues & Volume, By others, 2021-2031F

6.4 New Zealand Magnesium Market, By End-Use Industry

6.4.1 Overview and Analysis

6.4.2 New Zealand Magnesium Market Revenues & Volume, By Aerospace & Defense, 2021-2031F

6.4.3 New Zealand Magnesium Market Revenues & Volume, By Automotive, 2021-2031F

6.4.4 New Zealand Magnesium Market Revenues & Volume, By Construction, 2021-2031F

6.4.5 New Zealand Magnesium Market Revenues & Volume, By Medical and Healthcare, 2021-2031F

6.4.6 New Zealand Magnesium Market Revenues & Volume, By Packaging, 2021-2031F

6.4.7 New Zealand Magnesium Market Revenues & Volume, By Electronics, 2021-2031F

7 New Zealand Magnesium Market Import-Export Trade Statistics

7.1 New Zealand Magnesium Market Export to Major Countries

7.2 New Zealand Magnesium Market Imports from Major Countries

8 New Zealand Magnesium Market Key Performance Indicators

8.1 Number of research studies or publications highlighting the benefits of magnesium

8.2 Percentage increase in magnesium usage across different industries in New Zealand

8.3 Adoption rate of sustainable practices using magnesium in manufacturing processes

9 New Zealand Magnesium Market - Opportunity Assessment

9.1 New Zealand Magnesium Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F

9.2 New Zealand Magnesium Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 New Zealand Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F

9.4 New Zealand Magnesium Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F

10 New Zealand Magnesium Market - Competitive Landscape

10.1 New Zealand Magnesium Market Revenue Share, By Companies, 2024

10.2 New Zealand Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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