| Product Code: ETC5154523 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The metal magnesium import market in Sweden continued to show significant growth in 2024, with a high Herfindahl-Hirschman Index (HHI) indicating concentration among top exporting countries like Germany, Austria, Italy, USA, and Belgium. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 21.1%, and the growth rate from 2023 to 2024 spiked to 65.65%. This data suggests a strong demand for metal magnesium in Sweden, with key players maintaining their dominance in the market.
By 2027, Sweden's Metal Magnesium market is forecasted to achieve a negative growth rate of -0.00%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

The metal magnesium market supports Swedens automotive and aerospace sectors. Magnesium is prized for its lightweight properties, which help reduce vehicle weight and improve fuel efficiency.
The metal magnesium market in Sweden is experiencing growth due to the increasing demand for lightweight materials in various applications, particularly in the automotive and aerospace sectors. The rising focus on reducing carbon emissions and improving fuel efficiency is propelling market growth, as manufacturers seek to incorporate magnesium components into their designs. Additionally, the growing trend towards sustainability and the use of recyclable materials in manufacturing influence market dynamics, as businesses require innovative magnesium solutions. The advancement of extraction and processing technologies further supports the demand for metal magnesium.
The metal magnesium market in Sweden faces challenges related to supply chain volatility and competition from alternative lightweight materials. As industries increasingly prioritize weight reduction in applications, ensuring a stable supply of quality magnesium becomes essential. Additionally, competition from aluminum and composite materials complicates the market dynamics, requiring effective differentiation. The need for ongoing investment in production techniques to enhance magnesium properties and applications further complicates the landscape.
In Sweden, the metal magnesium market is shaped by government policies aimed at promoting sustainable practices and the efficient use of resources. The government actively supports initiatives that enhance the production and utilization of magnesium, particularly in applications that contribute to reducing environmental impact. Regulations emphasizing recycling and resource recovery are instrumental in driving the growth of the metal magnesium market, fostering innovation in its applications across various industries.
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 Metal Magnesium Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Metal Magnesium Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Metal Magnesium Market - Industry Life Cycle |
3.4 Sweden Metal Magnesium Market - Porter's Five Forces |
3.5 Sweden Metal Magnesium Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Sweden Metal Magnesium Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Growing focus on sustainable manufacturing practices |
4.2.3 Technological advancements in metal magnesium production processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials |
4.3.2 Stringent regulations related to environmental impact and safety standards |
4.3.3 Competition from alternative materials such as aluminum and carbon fiber |
5 Sweden Metal Magnesium Market Trends |
6 Sweden Metal Magnesium Market Segmentations |
6.1 Sweden Metal Magnesium Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Sweden Metal Magnesium Market Revenues & Volume, By Die Casting, 2021-2031F |
6.1.3 Sweden Metal Magnesium Market Revenues & Volume, By Aluminum Alloys, 2021-2031F |
6.1.4 Sweden Metal Magnesium Market Revenues & Volume, By Titanium Reduction, 2021-2031F |
6.1.5 Sweden Metal Magnesium Market Revenues & Volume, By Iron & Steel Making, 2021-2031F |
6.1.6 Sweden Metal Magnesium Market Revenues & Volume, By Others, 2021-2031F |
7 Sweden Metal Magnesium Market Import-Export Trade Statistics |
7.1 Sweden Metal Magnesium Market Export to Major Countries |
7.2 Sweden Metal Magnesium Market Imports from Major Countries |
8 Sweden Metal Magnesium Market Key Performance Indicators |
8.1 Percentage of metal magnesium used in lightweight automotive components |
8.2 Number of sustainable manufacturing certifications obtained by metal magnesium producers |
8.3 Adoption rate of advanced production technologies in the metal magnesium industry |
9 Sweden Metal Magnesium Market - Opportunity Assessment |
9.1 Sweden Metal Magnesium Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Sweden Metal Magnesium Market - Competitive Landscape |
10.1 Sweden Metal Magnesium Market Revenue Share, By Companies, 2024 |
10.2 Sweden Metal Magnesium Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |