| 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`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.
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.

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.
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.
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.
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.
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 |