Who Buys Magnesium from India — 1612 Importers Behind a $361.3M Market
India's magnesium import market is served by 1612 active buyers who collectively imported $361.3M across 8,413 shipments. YUSEN LOGISTICS BENELUX BELGIUM (BELGIUM) leads with a 17.6% market share, followed by SUN PHARMA CANADA INC. and CIPLA USA INC UPS SUPPLY CHAIN SOLU. The top 5 buyers together control 53.1% of total import value, reflecting a moderately competitive buyer landscape.
Top Magnesium Importers — Ranked by Import Value
YUSEN LOGISTICS BENELUX BELGIUM (BELGIUM) is the leading magnesium importer from India, holding a 17.6% share of the $361.3M market across 8,413 shipments from 1612 buyers. The top 5 buyers — YUSEN LOGISTICS BENELUX BELGIUM (BELGIUM), SUN PHARMA CANADA INC. (CANADA), CIPLA USA INC UPS SUPPLY CHAIN SOLU (UNITED STATES), M/S. SUN PHARMA ANZ PTY LTD (AUSTRALIA), CIPLA USA INC UPS SUPPLY CHAIN SOL (UNITED STATES) — collectively control 53.1% of total import value.
Top Magnesium Buyers & Importers
Ranked by import value · 1612 active buyers · Indian Customs (DGFT) data
| # | Buyer & Formulations | Value | Suppliers | Share |
|---|---|---|---|---|
| 1 | YUSEN LOGISTICS BENELUX BELGIUMBELGIUM ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANT | $63.5M | 5 | 17.6% |
| 2 | SUN PHARMA CANADA INC.CANADA ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANTMAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $54.5M | 5 | 15.1% |
| 3 | CIPLA USA INC UPS SUPPLY CHAIN SOLUUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000ESOMAC-40 MUPS [PAC SIZE:3X10X960 PAC=28800 NOS]ESOZ TAB 40MG 3X10B MY ESOMEPRAZOLE MAGNESIUM GASTRO | $47.3M | 5 | 13.1% |
| 4 | M/S. SUN PHARMA ANZ PTY LTDAUSTRALIA ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANTMAGNESIUM OXIDE TABS 400 MG(232 X 25000NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM | $16.5M | 5 | 4.6% |
| 5 | CIPLA USA INC UPS SUPPLY CHAIN SOLUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000ESOMAC-40 MUPS [PAC SIZE:3X10X960 PAC=28800 NOS]ESOZ TAB 40MG 3X10B MY ESOMEPRAZOLE MAGNESIUM GASTRO | $10.0M | 5 | 2.8% |
| 6 | YUSEN LOGISTICS BENELUXBELGIUM ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANT | $8.3M | 5 | 2.3% |
| 7 | SUN PHARMA ANZ PTY LTD.AUSTRALIA ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANTMAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $7.9M | 5 | 2.2% |
| 8 | BIOCON PHARMA INCUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $7.6M | 5 | 2.1% |
| 9 | M/S. GERICARE PHARMACEUTICALSUNITED STATES ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANTMAGNESIUM OXIDE TABS 400 MG(232 X 25000NEXPRO 40 TABLET (ESOMEPRAZOLE MAGNESIUM | $6.5M | 5 | 1.8% |
| 10 | AMNEAL PHARMACEUTICALS LLCUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $5.7M | 5 | 1.6% |
| 11 | STRIDES PHARMA INCUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $5.6M | 5 | 1.6% |
| 12 | EUROFARMA LABORAT?RIOS S/ABRAZIL | $5.0M | 5 | 1.4% |
| 13 | EVERSANA LIFE SCIENCE SERVICESUNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $4.3M | 5 | 1.2% |
| 14 | MYLAN PHARMACEUTICALS INC,UNITED STATES MAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $3.8M | 5 | 1.1% |
| 15 | SUN PHARMA ANZ PTY LTDAUSTRALIA ESOMEPRAZOLE MAGNESIUM GASTRO RESISTANTMAGNESIUM OXIDE TABS 400 MG(232 X 25000 | $2.9M | 5 | 0.8% |
Related Analysis
Market Analysis: Top Importing Countries & Importers
Comprehensive geographic market intelligence dashboard
Which companies are buying Magnesium — and from which countries?
Flow of Magnesium exports from India: each country's share and the named importers behind the numbers
Magnesium — Buyer Countries to Key Importers
Trade flow: top importing countries → named buyer companies
Market Analysis: Top Importing Countries & Their Importers
1United States
United States emerges as the first largest importing country, achieving a total trade value of $131.7M through 608 shipments. This represents a market share of 36.5% of the total market activity, demonstrating their significant presence in the industry.
Top Importers: United States has a diverse importer base, with their top importers including:
• CIPLA USA INC UPS SUPPLY CHAIN SOLU - $47.3M (35.9% of country's total business)
• CIPLA USA INC UPS SUPPLY CHAIN SOL - $10.0M (7.6% of country's total business)
• BIOCON PHARMA INC - $7.6M (5.8% of country's total business)
• M/S. GERICARE PHARMACEUTICALS - $6.5M (4.9% of country's total business)
• AMNEAL PHARMACEUTICALS LLC - $5.7M (4.3% of country's total business)
• Rest of United States's importers - $54.7M (41.5% of country's total business)
Key Insight: United States demonstrates strong market positioning with an average shipment value of $216.6K, indicating premium pricing strategy compared to the market average of $42.9K.
United States is a key market for Magnesium imports, representing 36.5% of total trade value.
2Belgium
Belgium emerges as the second largest importing country, achieving a total trade value of $72.0M through 610 shipments. This represents a market share of 19.9% of the total market activity, demonstrating their significant presence in the industry.
Top Importers: Belgium has a diverse importer base, with their top importers including:
• YUSEN LOGISTICS BENELUX BELGIUM - $63.5M (88.1% of country's total business)
• YUSEN LOGISTICS BENELUX - $8.3M (11.5% of country's total business)
Key Insight: Belgium demonstrates strong market positioning with an average shipment value of $118.0K, indicating premium pricing strategy compared to the market average of $42.9K.
Belgium is a key market for Magnesium imports, representing 19.9% of total trade value.
3Canada
Canada emerges as the third largest importing country, achieving a total trade value of $58.6M through 29 shipments. This represents a market share of 16.2% of the total market activity, demonstrating their significant presence in the industry.
Top Importers: Canada has a diverse importer base, with their top importers including:
• SUN PHARMA CANADA INC. - $54.5M (93.0% of country's total business)
Key Insight: Canada demonstrates strong market positioning with an average shipment value of $2.0M, indicating premium pricing strategy compared to the market average of $42.9K.
Canada is a key market for Magnesium imports, representing 16.2% of total trade value.
4Australia
Australia emerges as the fourth largest importing country, achieving a total trade value of $28.9M through 338 shipments. This represents a market share of 8.0% of the total market activity, demonstrating their significant presence in the industry.
Top Importers: Australia has a diverse importer base, with their top importers including:
• M/S. SUN PHARMA ANZ PTY LTD - $16.5M (57.2% of country's total business)
• SUN PHARMA ANZ PTY LTD. - $7.9M (27.2% of country's total business)
• SUN PHARMA ANZ PTY LTD - $2.9M (10.0% of country's total business)
Key Insight: Australia demonstrates strong market positioning with an average shipment value of $85.5K, indicating premium pricing strategy compared to the market average of $42.9K.
Australia is a key market for Magnesium imports, representing 8.0% of total trade value.
5Brazil
Brazil emerges as the fifth largest importing country, achieving a total trade value of $19.7M through 98 shipments. This represents a market share of 5.4% of the total market activity, demonstrating their significant presence in the industry.
Top Importers: Brazil has a diverse importer base, with their top importers including:
• EUROFARMA LABORAT?RIOS S/A - $5.0M (25.2% of country's total business)
• RANBAXY FARMACEUTICA LTDA : - $2.7M (13.7% of country's total business)
Key Insight: Brazil demonstrates strong market positioning with an average shipment value of $200.8K, indicating premium pricing strategy compared to the market average of $42.9K.
Brazil is a key market for Magnesium imports, representing 5.4% of total trade value.
Buyer Segment Analysis
TransData Nexus Magnesium buyer market intelligence
1Buyer Segment Analysis
The importers of Magnesium from India can be categorized into several key segments:
1. Distributors: Entities like YUSEN LOGISTICS BENELUX BELGIUM (Belgium, $63.47M) and YUSEN LOGISTICS BENELUX (Belgium, $8.27M) function as intermediaries, purchasing large quantities to supply to various end-users. Their buying behavior is characterized by bulk orders and a focus on logistical efficiency.
2. Pharmaceutical Companies: Firms such as SUN PHARMA CANADA INC. (Canada, $54.53M), CIPLA USA INC UPS SUPPLY CHAIN SOLU (United States, $47.28M), and BIOCON PHARMA INC (United States, $7.60M) import Magnesium for incorporation into their product lines. These companies typically engage in consistent, large-scale procurement to meet production demands.
3. Contract Manufacturers: Entities like AMNEAL PHARMACEUTICALS LLC (United States, $5.70M) import Magnesium to manufacture products on behalf of other companies. Their purchasing patterns are driven by contractual obligations and production schedules.
4. Retail Chains and Hospital Groups: While not explicitly listed among the top buyers, these segments procure Magnesium to meet direct consumer and patient needs, often through established supply chains and distributors.
5. Government Procurement Agencies: Organizations such as UNICEF and the Global Fund may engage in tender-based purchasing of Magnesium, especially when it is listed on the WHO Essential Medicines List. Their procurement processes are typically characterized by competitive bidding and adherence to international quality standards.
Each segment's buying behavior reflects its operational focus: distributors prioritize volume and logistics, pharmaceutical companies emphasize quality and regulatory compliance, contract manufacturers align purchases with client contracts, and government agencies adhere to strict procurement protocols.
Country-Specific Import Regulations
TransData Nexus Magnesium buyer market intelligence
1Country-Specific Import Regulations
For the top five importing countries, the import regulations for Magnesium are as follows:
1. United States:
2. Belgium:
3. Canada:
4. Australia:
5. Brazil:
Demand Drivers & Market Opportunity
TransData Nexus Magnesium buyer market intelligence
1Demand Drivers & Market Opportunity
The demand for Magnesium in importing countries is influenced by several factors:
1. Disease Prevalence: Magnesium is essential in managing conditions like cardiovascular diseases and diabetes, which have high prevalence rates globally. For instance, the World Health Organization (WHO) reports that cardiovascular diseases are the leading cause of death worldwide, accounting for 17.9 million deaths annually as of 2023.
2. Government Healthcare Programs: Many countries have initiatives to improve access to essential medicines. For example, Brazil's National Essential Medicines Policy aims to ensure the availability of essential drugs in public health facilities, enhancing the demand for Magnesium.
3. Universal Health Coverage Expansion: Efforts to achieve universal health coverage increase the accessibility of essential medicines. The WHO's 2023 report highlights that over 70% of the global population now has access to essential health services, contributing to higher demand for Magnesium.
4. WHO Essential Medicines List Procurement: Magnesium is included in the WHO Model List of Essential Medicines, guiding countries in their procurement strategies. This inclusion underscores its importance and drives its demand in public health systems.
5. Tender-Based Purchasing: Government and international organizations often procure medicines through competitive tendering processes. This approach ensures cost-effectiveness and quality, influencing the volume and frequency of Magnesium imports.
With 1,612 buyers across 149 countries, the global market for Magnesium from India is robust. The repeat buyer rate of 58.9% indicates strong and sustained demand, presenting significant market opportunities for exporters.
Common Questions — Magnesium Buyers & Importers
Answers based on Indian Customs (DGFT) shipment records compiled by TransData Nexus
QWho is the largest magnesium buyer importing from India?
Based on import volume and value, YUSEN LOGISTICS BENELUX BELGIUM (BELGIUM) leads with $63.5M in imports and a 17.6% market share — the highest of any single magnesium importer. SUN PHARMA CANADA INC. (CANADA) and CIPLA USA INC UPS SUPPLY CHAIN SOLU (UNITED STATES) are the next largest buyers.
QHow many companies buy magnesium from India?
There are 1612 active magnesium buyers importing from India, with a combined market of $361.3M across 8,413 shipments to 149 countries. The top 5 buyers hold 53.1% of total import value, while the remaining 1607 buyers handle the other 46.9%.
QWhich countries import the most magnesium from India?
The top importing countries for magnesium from India are United States (36.5%), Belgium (19.9%), Canada (16.2%), Australia (8.0%), Brazil (5.4%). These markets represent the largest demand centres for Indian pharmaceutical exports of magnesium, with buyers ranging from government procurement agencies to private pharmaceutical distributors.
QWhat is the average import order value for magnesium from India?
The average import transaction value for magnesium from India is $42.9K, with an average unit price of $7.33 per unit. Order sizes vary significantly based on buyer type — government tenders tend to be larger while private distributors place more frequent smaller orders.
Buyer Segment Analysis
TransData Nexus Magnesium buyer market intelligence
1Buyer Segment Analysis
The importers of Magnesium from India can be categorized into several key segments:
1. Distributors: Entities like YUSEN LOGISTICS BENELUX BELGIUM (Belgium, $63.47M) and YUSEN LOGISTICS BENELUX (Belgium, $8.27M) function as intermediaries, purchasing large quantities to supply to various end-users. Their buying behavior is characterized by bulk orders and a focus on logistical efficiency.
2. Pharmaceutical Companies: Firms such as SUN PHARMA CANADA INC. (Canada, $54.53M), CIPLA USA INC UPS SUPPLY CHAIN SOLU (United States, $47.28M), and BIOCON PHARMA INC (United States, $7.60M) import Magnesium for incorporation into their product lines. These companies typically engage in consistent, large-scale procurement to meet production demands.
3. Contract Manufacturers: Entities like AMNEAL PHARMACEUTICALS LLC (United States, $5.70M) import Magnesium to manufacture products on behalf of other companies. Their purchasing patterns are driven by contractual obligations and production schedules.
4. Retail Chains and Hospital Groups: While not explicitly listed among the top buyers, these segments procure Magnesium to meet direct consumer and patient needs, often through established supply chains and distributors.
5. Government Procurement Agencies: Organizations such as UNICEF and the Global Fund may engage in tender-based purchasing of Magnesium, especially when it is listed on the WHO Essential Medicines List. Their procurement processes are typically characterized by competitive bidding and adherence to international quality standards.
Each segment's buying behavior reflects its operational focus: distributors prioritize volume and logistics, pharmaceutical companies emphasize quality and regulatory compliance, contract manufacturers align purchases with client contracts, and government agencies adhere to strict procurement protocols.
Country-Specific Import Regulations
TransData Nexus Magnesium buyer market intelligence
1Country-Specific Import Regulations
For the top five importing countries, the import regulations for Magnesium are as follows:
1. United States:
2. Belgium:
3. Canada:
4. Australia:
5. Brazil:
Demand Drivers & Market Opportunity
TransData Nexus Magnesium buyer market intelligence
1Demand Drivers & Market Opportunity
The demand for Magnesium in importing countries is influenced by several factors:
1. Disease Prevalence: Magnesium is essential in managing conditions like cardiovascular diseases and diabetes, which have high prevalence rates globally. For instance, the World Health Organization (WHO) reports that cardiovascular diseases are the leading cause of death worldwide, accounting for 17.9 million deaths annually as of 2023.
2. Government Healthcare Programs: Many countries have initiatives to improve access to essential medicines. For example, Brazil's National Essential Medicines Policy aims to ensure the availability of essential drugs in public health facilities, enhancing the demand for Magnesium.
3. Universal Health Coverage Expansion: Efforts to achieve universal health coverage increase the accessibility of essential medicines. The WHO's 2023 report highlights that over 70% of the global population now has access to essential health services, contributing to higher demand for Magnesium.
4. WHO Essential Medicines List Procurement: Magnesium is included in the WHO Model List of Essential Medicines, guiding countries in their procurement strategies. This inclusion underscores its importance and drives its demand in public health systems.
5. Tender-Based Purchasing: Government and international organizations often procure medicines through competitive tendering processes. This approach ensures cost-effectiveness and quality, influencing the volume and frequency of Magnesium imports.
With 1,612 buyers across 149 countries, the global market for Magnesium from India is robust. The repeat buyer rate of 58.9% indicates strong and sustained demand, presenting significant market opportunities for exporters.
Official References & Regulatory Resources
- European Medicines Agency
- WHO Essential Medicines
- Invest India — Pharma Sector
- India Trade Statistics (DGFT)
Verify import regulations and drug registration requirements with the official agencies above.
Research Methodology & Data Transparency
Suresh Sormare
Verified AuthorPharmaceutical Export-Import Analyst & Trade Intelligence Expert
Suresh Sormare is a pharmaceutical export-import analyst with deep expertise in Indian Customs (DGFT) data, HS code classification, and global pharmaceutical supply chains. His analysis covers 10M+ shipment records across 150+ countries and is used by manufacturers, procurement agencies, and trade consultants worldwide. Suresh specializes in identifying verified suppliers and buyers from customs records, mapping bilateral pharmaceutical trade corridors, analyzing tariff structures and regulatory frameworks across 170+ destination markets, and benchmarking competitive positioning for finished pharmaceutical formulations. His methodology combines granular customs transaction data with regulatory intelligence from FDA, EMA, WHO, CDSCO, and 40+ national drug authorities to deliver actionable trade insights for the pharmaceutical formulations sector.
linkedin.com/in/sureshsormarePrimary Data Source
All trade data is sourced from Indian Customs (DGFT) official shipping bill records — the authoritative government database for India's pharmaceutical trade. Each verified record contains exporter name, consignee (buyer) name, detailed product description, quantity, declared FOB value (USD), port of loading, destination country, and shipment date.
Analysis Methodology
- 1.Buyer Identification: 1612 global importers of Magnesium identified from consignee fields in DGFT shipping bill records.
- 2.Import Value Analysis: Total import value aggregated from 8,413 individual shipping bill records. Values are FOB in USD.
- 3.Statistical Normalization: Shipment values are statistically normalized to ensure accurate market share representation.
- 4.Geographic Distribution: Buyer imports distributed across 149 destination countries with market share per buyer calculated from capped values.
Government-Sourced Data
Official DGFT customs records
Transparent Methodology
Calculations fully disclosed above
8,413 Verified Shipments
1612 buyers tracked
Expert-Reviewed
By pharmaceutical trade specialists