Key Takeaways
- 1.7 million tonnes global primary magnesium production in 2023
- 4.0% year-over-year increase in global magnesium production in 2023
- Magnesium is produced globally in multiple extraction routes; USGS reports multiple end uses including die-cast, wrought, and chemical uses (USGS magnesium summary, latest edition)
- Magnesium industry decarbonization investments are increasing; EU and member-state funding has supported low-carbon magnesium processing pilots funded in 2021–2023 across multiple consortia (CleanTech funding programs)
- Magnesium alloys used in EVs are forecast by industry research to grow as battery and powertrain enclosures and structural components expand; forecasts show ~5–8% CAGR for magnesium in automotive applications in the early 2020s (industry forecasts)
- 90%+ magnesium can be technically recycled at end-of-life in alloy streams where sorting and contamination control are adequate
- Aluminum and magnesium die-casting scrap is one of the most economically recyclable non-ferrous scrap streams in mixed metal recycling markets
- Magnesium recycling can reduce greenhouse-gas emissions by up to 80% compared with primary magnesium production (LCA results)
- 42% of all magnesium used in applications is in the automotive sector in 2022 (global application split, estimate)
- 18% of magnesium demand is for aerospace and defense applications (2022 global split estimate)
- 25% of magnesium demand is for industrial and electronics uses (2022 global split estimate)
- AZ91D typically shows ultimate tensile strength around 200–250 MPa depending on casting and heat treatment (materials benchmark)
- Magnesium’s specific heat capacity is about 1.02 kJ/kg·K, affecting thermal management in applications
- Magnesium’s thermal conductivity is about 156 W/m·K (pure Mg at room temperature), influencing heat dissipation design
- Magnesium can be produced by carbothermic reduction; typical energy consumption in modern plants is about 12–20 GJ/tonne of Mg (process benchmarks)
In 2023 global primary magnesium reached 1.7 million tonnes, rising 4 percent, with recycling cutting emissions by up to 80 percent.
Related reading
01 · Category
Production And Supply2 stats
Production And Supply Interpretation
02 · Category
Industry Trends6 stats
Industry Trends Interpretation
03 · Category
Recycling And Circularity4 stats
Recycling And Circularity Interpretation
More related reading
04 · Category
Applications And Demand9 stats
Applications And Demand Interpretation
05 · Category
Material Performance4 stats
Material Performance Interpretation
06 · Category
Cost Analysis10 stats
Cost Analysis Interpretation
Cite This Report
This report is designed to be cited. We maintain stable URLs and versioned verification dates. Copy the format appropriate for your publication below.
Sophie Moreland. (2026, February 13). Magnesium Industry Statistics. Gitnux. https://gitnux.org/magnesium-industry-statistics
Sophie Moreland. "Magnesium Industry Statistics." Gitnux, 13 Feb 2026, https://gitnux.org/magnesium-industry-statistics.
Sophie Moreland. 2026. "Magnesium Industry Statistics." Gitnux. https://gitnux.org/magnesium-industry-statistics.
Sources & references
35 datasets cited across this report · attribution is report-level
+19 additional datasets cited (not shown individually)

