| Product Code: ETC4860194 | 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 |
In 2024, Sweden`s magnesium import market continued to show high concentration with the top exporting countries being China, Netherlands, Germany, Luxembourg, and Italy. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 remained strong at 11.29%. The consistent presence of these key exporting countries suggests a stable supply chain for magnesium imports into Sweden, indicating a steady demand for this essential mineral in various industries.
By 2027, the Magnesium market in Sweden is anticipated to reach a growth rate of 0.03%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

Covering products like magnesium alloys, oxide, and sulfate, the magnesium market supports Swedens automotive, construction, and healthcare industries due to magnesium lightweight and durable properties.
The magnesium market in Sweden is experiencing growth due to the increasing demand for magnesium in various industrial applications. The rise of lightweight materials in the automotive and aerospace sectors is driving the adoption of magnesium, which is known for its strength-to-weight ratio. Additionally, the growing awareness of the health benefits associated with magnesium consumption is boosting demand in the dietary supplement market. The continuous advancements in extraction and processing technologies are also supporting market expansion.
The magnesium market in Sweden faces challenges related to fluctuating raw material prices and the need for continuous innovation. As demand for magnesium grows across various applications, ensuring a reliable supply of high-quality materials becomes critical. Additionally, competition from alternative materials complicates the market landscape, requiring manufacturers to differentiate their offerings effectively. Compliance with stringent environmental regulations regarding extraction and processing further complicates the market dynamics.
The overall magnesium market in Sweden is influenced by government policies that prioritize the development of sustainable and innovative materials. The Swedish government encourages research and development initiatives aimed at improving the efficiency of magnesium production and its applications across various industries, including automotive, aerospace, and construction. Policies promoting recycling and the responsible sourcing of magnesium contribute to the market growth while aligning with Sweden commitment to environmental sustainability.
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 Sweden Magnesium Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Magnesium Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Magnesium Market - Industry Life Cycle |
3.4 Sweden Magnesium Market - Porter's Five Forces |
3.5 Sweden Magnesium Market Revenues & Volume Share, By Manufacturing Process, 2021 & 2031F |
3.6 Sweden Magnesium Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Sweden Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Sweden Magnesium Market Revenues & Volume Share, By End-Use Industry, 2021 & 2031F |
4 Sweden Magnesium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for magnesium in automotive and aerospace industries due to its lightweight and high strength properties |
4.2.2 Increasing focus on sustainability and eco-friendly materials, as magnesium is recyclable and energy-efficient |
4.2.3 Technological advancements in magnesium production processes leading to cost efficiency and improved quality |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in magnesium production impacting overall production costs |
4.3.2 Regulatory challenges related to environmental concerns and safety standards in magnesium production |
4.3.3 Intense competition from alternative materials such as aluminum and composites in various industries |
5 Sweden Magnesium Market Trends |
6 Sweden Magnesium Market Segmentations |
6.1 Sweden Magnesium Market, By Manufacturing Process |
6.1.1 Overview and Analysis |
6.1.2 Sweden Magnesium Market Revenues & Volume, By Thermal Reduction Process, 2021-2031F |
6.1.3 Sweden Magnesium Market Revenues & Volume, By Electrolytic Process, 2021-2031F |
6.1.4 Sweden Magnesium Market Revenues & Volume, By Recycling, 2021-2031F |
6.2 Sweden Magnesium Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Sweden Magnesium Market Revenues & Volume, By Pure Magnesium, 2021-2031F |
6.2.3 Sweden Magnesium Market Revenues & Volume, By Magnesium Compounds, 2021-2031F |
6.2.4 Sweden Magnesium Market Revenues & Volume, By Magnesium Alloys, 2021-2031F |
6.2.5 Sweden Magnesium Market Revenues & Volume, By Others, 2021-2031F |
6.3 Sweden Magnesium Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Sweden Magnesium Market Revenues & Volume, By Die casting, 2021-2031F |
6.3.3 Sweden Magnesium Market Revenues & Volume, By Aluminum alloys, 2021-2031F |
6.3.4 Sweden Magnesium Market Revenues & Volume, By Titanium reduction, 2021-2031F |
6.3.5 Sweden Magnesium Market Revenues & Volume, By Iron & steelmaking, 2021-2031F |
6.3.6 Sweden Magnesium Market Revenues & Volume, By others, 2021-2031F |
6.4 Sweden Magnesium Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Sweden Magnesium Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.3 Sweden Magnesium Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.4 Sweden Magnesium Market Revenues & Volume, By Construction, 2021-2031F |
6.4.5 Sweden Magnesium Market Revenues & Volume, By Medical and Healthcare, 2021-2031F |
6.4.6 Sweden Magnesium Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Sweden Magnesium Market Revenues & Volume, By Electronics, 2021-2031F |
7 Sweden Magnesium Market Import-Export Trade Statistics |
7.1 Sweden Magnesium Market Export to Major Countries |
7.2 Sweden Magnesium Market Imports from Major Countries |
8 Sweden Magnesium Market Key Performance Indicators |
8.1 Percentage of magnesium recycling rate in Sweden |
8.2 Research and development investment in magnesium-related technologies |
8.3 Number of patents filed for innovative magnesium applications |
8.4 Energy consumption per unit of magnesium production |
8.5 Percentage of magnesium usage in key industries such as automotive and aerospace |
9 Sweden Magnesium Market - Opportunity Assessment |
9.1 Sweden Magnesium Market Opportunity Assessment, By Manufacturing Process, 2021 & 2031F |
9.2 Sweden Magnesium Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Sweden Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Sweden Magnesium Market Opportunity Assessment, By End-Use Industry, 2021 & 2031F |
10 Sweden Magnesium Market - Competitive Landscape |
10.1 Sweden Magnesium Market Revenue Share, By Companies, 2024 |
10.2 Sweden Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |