When comparing global mineral commodity prices in the first half of 2023 (H1 2023) versus H1 2019, the overall prices of many prominent mineral commodities increased significantly. Most significantly during that timeframe, the price of lithium carbonate increased by more than 300 percent. The prices for cobalt and palladium, however, only increased by seven percent over that timeframe.

Metal Industry Indicators (MII) is a monthly newsletter that analyzes and forecasts the economic health of five metal-processing industries: primary metals, steel, copper, primary and secondary aluminum, and aluminum mill products. The MII presents composite leading and coincident indexes of a set of indicators that historically have proven to lead or coincide with the major business cycle changes in these industries. The indexes were developed in cooperation with the Center for International Business Cycle Research at Columbia University. Each month, these indexes are analyzed along with any economy-wide occurrences that would affect the metals industries. Stone, Clay, Glass, and Concrete Products Industry Indicators (IMII) is a monthly newsletter that analyzes and forecasts the economic health of four industrial-mineral-processing industries: stone, clay, glass, and concrete products. The IMII presents composite leading and coincident indexes of a set of indicators that historically have proven to lead or coincide with the major business cycle changes in these industries. The indexes were developed cooperation with the Center for International Business Cycle Research at Columbia University. Each month, these indexes are analyzed along with any economy-wide occurrences that would affect the industrial minerals industries.

Mineral Resources stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Graph and download economic data for Producer Price Index by Commodity: Nonmetallic Mineral Products (WPU13) from Jan 1926 to Feb 2025 about nonmetallic, minerals, commodities, PPI, inflation, price index, indexes, price, and USA.

Graph and download economic data for Producer Price Index by Commodity: Wholesale Trade Services: Metals, Minerals, and Ores Wholesaling (WPU5741) from Mar 2009 to Feb 2025 about ore, minerals, wholesale, trade, metals, services, commodities, PPI, inflation, price index, indexes, price, and USA.

In 2021, glass sand was the most expensive industrial ceramic mineral in Thailand, amounting to 990 Thai baht per metric ton. Industrial ceramic mineral deposits in Thailand are found in the central region and the northern parts of the country.

Graph and download economic data for Producer Price Index by Industry: Mining Machinery and Equipment Manufacturing: Mineral Processing and Beneficiation Machinery (Except Parts Sold Separately) (PCU3331313331313) from Jun 1981 to Sep 2019 about minerals, processed, parts, machinery, mining, equipment, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

Indonesia Referred Price: Mineral: Laterite Iron/Hematite/Magnetite data was reported at 1.570 USD/DMTU in Mar 2025. This records an increase from the previous number of 1.440 USD/DMTU for Feb 2025. Indonesia Referred Price: Mineral: Laterite Iron/Hematite/Magnetite data is updated monthly, averaging 1.535 USD/DMTU from Oct 2017 (Median) to Mar 2025, with 90 observations. The data reached an all-time high of 3.350 USD/DMTU in Aug 2021 and a record low of 0.750 USD/DMTU in Aug 2018. Indonesia Referred Price: Mineral: Laterite Iron/Hematite/Magnetite data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.

This statistic shows the average unit value of industrial minerals mined in the United States in 2015, by mineral. In that year, the average unit value of clays produced at surface mines in the U.S. had an average value of 69.12 U.S. dollars per metric ton.

According to Cognitive Market Research, the global Magnesium Carbonate Mineral market size is USD 284.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.

North America held the major market share for more than 40% of the global revenue with a market size of USD 113.84 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 85.38 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 65.46 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share for more than 5% of the global revenue with a market size of USD 14.23 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 5.69 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Magnesite held the highest Magnesium Carbonate Mineral market revenue share in 2024.

Market Dynamics of Magnesium Carbonate Mineral Market

Key Drivers for Magnesium Carbonate Mineral Market

Increasing Industrial Applications to Increase the Demand Globally

Increasing industrial applications are driving the magnesium carbonate mineral market due to its versatility and beneficial properties. Magnesium carbonate is widely used across industries such as pharmaceuticals, cosmetics, food and beverages, construction materials, and agriculture. In pharmaceuticals, it serves as an active ingredient in antacids and laxatives. In cosmetics, it functions as an absorbent and bulking agent. Its use in food additives enhances texture and stability. Moreover, in construction, magnesium carbonate is utilized in materials like fireproofing boards and insulation due to its fire-resistant properties. The growing demand for sustainable and eco-friendly materials further supports its adoption. As industries continue to innovate and expand, the diverse applications of magnesium carbonate continue to drive its market growth globally.

Growing Health and Wellness Awareness to Propel Market Growth

Growing health and wellness awareness is propelling the magnesium carbonate mineral market due to its recognized benefits and natural properties. Magnesium carbonate is increasingly sought after in dietary supplements for its role in supporting bone health, muscle function, and overall well-being. It is also valued in skincare and personal care products for its absorbent and soothing properties. As consumers become more conscious of the ingredients in their products and seek natural alternatives, magnesium carbonate fits well within the trend towards clean and sustainable living. Additionally, its applications in sports nutrition and functional foods further bolster demand. This increasing awareness and preference for health-conscious products are driving manufacturers to innovate and expand the use of magnesium carbonate across diverse industries, driving market growth globally.

Restraint Factor for the Magnesium Carbonate Mineral Market

Fluctuating Raw Material Prices to Limit the Sales

Fluctuating raw material prices pose a significant restraint on the magnesium carbonate mineral market due to their direct impact on production costs and profitability. The prices of raw materials used in magnesium carbonate production, such as magnesium oxide and carbon dioxide, can vary widely due to factors like supply-demand dynamics, geopolitical events, and currency fluctuations. These fluctuations can disrupt supply chains, increase manufacturing expenses, and affect pricing strategies, making it challenging for manufacturers to maintain stable profit margins. Moreover, sudden price spikes can lead to inventory management issues and impact overall business planning. To mitigate these challenges, companies often engage in hedging strategies, seek alternative sourcing options, and focus on operational efficiency improvements. Addressing these fluctuations effectively is crucial for sustaining growth and competitiveness in the magnesium carbonate mineral market.

Impact of Covid-19 on the Magnesium Carbonate Mineral Market

The Covid-19 pandemic had a mixed impact on the magne...

Indonesia Referred Price: Mineral: Chrome Ore data was reported at 6.370 USD/DMTU in Mar 2025. This stayed constant from the previous number of 6.370 USD/DMTU for Feb 2025. Indonesia Referred Price: Mineral: Chrome Ore data is updated monthly, averaging 3.895 USD/DMTU from Oct 2017 (Median) to Mar 2025, with 90 observations. The data reached an all-time high of 6.370 USD/DMTU in Mar 2025 and a record low of 0.220 USD/DMTU in Oct 2017. Indonesia Referred Price: Mineral: Chrome Ore data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.

Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals: Metal Ores data was reported at 7,933.196 NGN mn in 2017. This records an increase from the previous number of 5,742.733 NGN mn for 2016. Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals: Metal Ores data is updated yearly, averaging 697.676 NGN mn from Dec 1981 (Median) to 2017, with 37 observations. The data reached an all-time high of 7,933.196 NGN mn in 2017 and a record low of 110.761 NGN mn in 1986. Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals: Metal Ores data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A007: GDP: by Industry: Current Price: Annual.

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In 2021, copper was the most expensive compares to other base metal minerals in Thailand, amounting to around 241.4 thousand Thai baht per metric ton. The majority of base metal resources were found in the country's southern region.

Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals data was reported at 52,741.317 NGN mn in Jun 2018. This records an increase from the previous number of 16,271.509 NGN mn for Mar 2018. Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals data is updated quarterly, averaging 20,743.475 NGN mn from Mar 2010 (Median) to Jun 2018, with 34 observations. The data reached an all-time high of 52,741.317 NGN mn in Jun 2018 and a record low of 7,385.890 NGN mn in Mar 2016. Nigeria GDP: Basic Prices: Industry: MQ: Solid Minerals data remains active status in CEIC and is reported by National Bureau of Statistics of the Federal Republic of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.A006: GDP: by Industry: Current Price.

Graph and download economic data for Producer Price Index by Industry: Ground or Treated Mineral and Earths Manufacturing (PCU327992327992) from Jun 1985 to Feb 2025 about minerals, manufacturing, PPI, industry, inflation, price index, indexes, price, and USA.

United States Lime Minerals stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

Indonesia Referred Price: Mineral: Ilmenite Concentrate data was reported at 6.920 USD/DMTU in Feb 2025. This records a decrease from the previous number of 7.170 USD/DMTU for Jan 2025. Indonesia Referred Price: Mineral: Ilmenite Concentrate data is updated monthly, averaging 7.170 USD/DMTU from Oct 2017 (Median) to Feb 2025, with 89 observations. The data reached an all-time high of 8.810 USD/DMTU in May 2022 and a record low of 3.480 USD/DMTU in Sep 2018. Indonesia Referred Price: Mineral: Ilmenite Concentrate data remains active status in CEIC and is reported by Directorate General of Mineral and Coal. The data is categorized under Indonesia Premium Database’s Mining and Manufacturing Sector – Table ID.BAG004: Referred Coal and Minerals Price.

United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Nonmetallic Minerals was 339.80100 Index 1982=100 in February of 2025, according to the United States Federal Reserve. Historically, United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Nonmetallic Minerals reached a record high of 341.92600 in January of 2025 and a record low of 21.10000 in February of 1967. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Producer Price Index by Commodity: Nonmetallic Mineral Products: Other Nonmetallic Minerals - last updated from the United States Federal Reserve on March of 2025.

In 2020, marble had the highest price per metric ton compared to other minerals used for construction in Thailand, amounting to 520 Thai baht per metric ton. Significant minerals in the construction industry, however, include basalt and limestone.