Vietnam Magnesium Powder Import Research Report 2025-2034

Magnesium powder is a powder material made of magnesium metal, which has the characteristics of light weight, active reaction, low ignition point and high calorific value. According to different production processes and particle sizes, magnesium powder can be divided into spherical magnesium powder, atomized magnesium powder, ultrafine magnesium powder and coarse magnesium powder, which are suitable for different fields such as powder metallurgy, pyrotechnic materials, high-energy propellants, etc.

In the metallurgical industry, magnesium powder is often used as a deoxidizer and reducing agent in steelmaking, ironmaking and non-ferrous metal smelting to improve metal purity. In military and civilian pyrotechnic materials, magnesium powder is widely used to make fireworks, flares, flares and detonators. In the aerospace field, magnesium powder is used as a solid propellant or high-temperature reaction material to improve propulsion efficiency. In the chemical industry, it is a common reducing agent for organic synthesis reactions such as the preparation of Grignard reagents.

The main production of magnesium powder in the world is concentrated in a few resource-rich countries and regions with smelting and processing capabilities. China is the world's largest producer and exporter of magnesium powder, and its products are widely exported to Asia, Europe and America. With its rich magnesium ore resources and military background, Russia is an important supplier of magnesium powder, and its products are mainly for the European market. In addition, the United States and Israel are also important magnesium powder producers in the world. Israel has developed high-quality magnesium metal and magnesium powder through the Dead Sea resources, and its products are widely exported to the European and American markets.

The demand for magnesium powder in Vietnam has shown a steady growth trend in recent years, mainly driven by the accelerated industrialization process and the upgrading of the manufacturing industry. According to CRI analysis, in the metallurgical field, magnesium powder is widely used in the deoxidation and desulfurization processes in steel production. With the expansion of Vietnam's steel industry, the demand for magnesium powder is gradually increasing. At the same time, magnesium powder is used as a reducing agent and catalyst carrier in the chemical industry, which is also driven by the development of Vietnam's local chemical industry. With Vietnam's layout in the aviation and other industries, its demand for high-purity, customized magnesium powder will also increase further.

According to CRI analysis, Vietnam currently has no large-scale industrial production facilities for magnesium metal or magnesium powder, and its overall production and processing capacity is very limited, and it is highly dependent on overseas imports. According to CRI analysis, Vietnam's magnesium powder imports reached US$4.05 million in 2024, an increase of 8% year-on-year. The main sources of imports include China, Japan and other countries. Among them, China is the largest source of imports of magnesium powder in Vietnam, accounting for more than 90%.

According to CRI analysis, Vietnamese magnesium powder importers mainly include foreign-funded enterprises in Vietnam, local chemical manufacturing enterprises in Vietnam, etc. The main importers of Vietnamese magnesium powder from 2021 to 2024 include JANG WON TECH VINA CO, LTD and other companies. The companies exporting magnesium powder to Vietnam mainly include metal companies and import and export traders. The main companies exporting this product to Vietnam from 2021 to 2024 are mainly some Chinese companies, including production companies and trading companies.

Overall, Vietnam's domestic production and processing capacity is very limited, and magnesium powder supply is highly dependent on imports. China is the largest import source of magnesium powder in Vietnam. CRI predicts that the future demand prospects of Vietnam's magnesium powder market will be relatively broad, driven by the expansion of industrial applications, infrastructure construction and technology upgrades.

CRI recommends that companies planning to enter the Vietnamese metal powder market should investigate the Vietnamese market as soon as possible to discover market opportunities. CRI Vietnam Office will also assist foreign companies to better understand the Vietnamese and Southeast Asian markets.

Topics covered:

The Import and Export of Magnesium Powder in Vietnam (2021-2024)

Total Import Volume and Percentage Change of Magnesium Powder in Vietnam (2021-2024)

Total Import Value and Percentage Change of Magnesium Powder in Vietnam (2021-2024)

Total Import Value and Percentage Change of Magnesium Powder in Vietnam (January-June 2025)

Average Import Price of Magnesium Powder in Vietnam (2021-2024)

Top 10 Sources of Magnesium Powder Imports in Vietnam and Their Supply Volume

Top 10 Suppliers in the Import Market of Magnesium Powder in Vietnam and Their Supply Volume

Top 10 Importers of Magnesium Powder in Vietnam and Their Import Volume

How to Find Distributors and End Users of Magnesium Powder in Vietnam

How Foreign Enterprises Enter the Magnesium Powder Market of Vietnam

Forecast for the Import of Magnesium Powder in Vietnam (2025-2034)