Chlorides; of Magnesium Price in India - 2023
Contents:
- Chlorides; of Magnesium Price in India (FOB) - 2022
- Chlorides; of Magnesium Price in India (CIF) - 2022
- Chlorides; of Magnesium Exports in India
- Chlorides; of Magnesium Imports in India
Chlorides; of Magnesium Price in India (FOB) - 2022
The average chlorides; of magnesium export price stood at $175 per ton in 2022, leveling off at the previous year. Overall, the export price, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2015 when the average export price increased by 42%. As a result, the export price attained the peak level of $402 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($350 per ton), while the average price for exports to Vietnam ($103 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (-0.3%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Price in India (CIF) - 2022
The average chlorides; of magnesium import price stood at $273 per ton in 2022, declining by -42.9% against the previous year. Overall, the import price saw a abrupt decrease. The most prominent rate of growth was recorded in 2013 an increase of 109% against the previous year. As a result, import price attained the peak level of $1,814 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,840 per ton), while the price for China ($177 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-7.4%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Exports in India
Chlorides; of magnesium exports from India surged to 24K tons in 2022, picking up by 85% on the year before. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium exports surged to $4.2M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Chlorides; of Magnesium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 432 | 474 | 406 | 747 | 20.0% |
| Qatar | 7.2 | 465 | 309 | 545 | 323.0% |
| Vietnam | 207 | 184 | 293 | 518 | 35.8% |
| Malaysia | 161 | 235 | 279 | 494 | 45.3% |
| Thailand | 264 | 128 | 189 | 330 | 7.7% |
| Bangladesh | 109 | 125 | 131 | 231 | 28.4% |
| Saudi Arabia | 93.0 | 84.2 | 108 | 191 | 27.1% |
| Kuwait | 1.0 | 16.7 | 102 | 180 | 464.6% |
| Sudan | 92.8 | 23.9 | 13.3 | 73.1 | -7.6% |
| Ethiopia | 30.9 | 41.2 | 17.1 | 50.7 | 17.9% |
| Others | 586 | 485 | 408 | 842 | 12.8% |
| Total | 1,984 | 2,262 | 2,255 | 4,203 | 28.4% |
Top Export Markets for Chlorides; of Magnesium from India in 2022:
- Vietnam (5.0K tons)
- Qatar (4.4K tons)
- Malaysia (3.1K tons)
- United States (2.1K tons)
- Bangladesh (1.7K tons)
- Thailand (1.7K tons)
- Saudi Arabia (1.4K tons)
- Kuwait (1.1K tons)
- Sudan (0.7K tons)
- Ethiopia (0.4K tons)
Chlorides; of Magnesium Imports in India
In 2022, imports of chlorides; of magnesia into India skyrocketed to 13K tons, with an increase of 255% compared with the previous year's figure. Overall, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports soared to $3.5M in 2022. Over the period under review, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chlorides; of Magnesium in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 630 | 358 | 1,062 | 2,108 | 49.6% |
| Germany | 86.4 | 215 | 504 | 1,001 | 126.3% |
| United States | 106 | 114 | 73.6 | 191 | 21.7% |
| Others | 117 | 190 | 82.5 | 193 | 18.2% |
| Total | 939 | 876 | 1,723 | 3,493 | 54.9% |
Top Suppliers of Chlorides; of Magnesium to India in 2022:
- China (11.9K tons)
- Germany (0.5K tons)
- United States (0.2K tons)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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