Chlorides; of Magnesium Price in Algeria - 2022
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Chlorides; of Magnesium Price in Algeria (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $1,280 per ton, shrinking by -3.7% against the previous year. In general, the import price saw a noticeable curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 20%. The import price peaked at $1,736 per ton in 2012; however, from 2013 to 2022, 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 China ($5,059 per ton), while the price for Italy ($340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.7%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Imports in Algeria
In 2022, approx. 411 tons of chlorides; of magnesia were imported into Algeria; jumping by 58% compared with the year before. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +15.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports surged to $526K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Chlorides; of Magnesium in Algeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 92.7 | 70.9 | 101 | 156 | 18.9% |
United Arab Emirates | N/A | N/A | N/A | 57.5 | 0% |
United States | 9.1 | 10.8 | 13.3 | 19.7 | 29.4% |
China | 0.7 | 8.8 | 17.4 | 18.8 | 199.5% |
Czech Republic | 51.0 | 50.2 | 36.5 | 17.6 | -29.9% |
Italy | 1.9 | 3.1 | 5.1 | 13.8 | 93.7% |
Spain | 11.8 | 18.2 | 6.7 | 9.6 | -6.6% |
Netherlands | 7.1 | 7.1 | 7.7 | 7.9 | 3.6% |
Others | 157 | 150 | 158 | 225 | 12.7% |
Total | 332 | 319 | 345 | 526 | 16.6% |
Top Suppliers of Chlorides; of Magnesium to Algeria in 2022:
- Germany (127.5 tons)
- Italy (40.7 tons)
- Czech Republic (15.2 tons)
- United Arab Emirates (11.9 tons)
- United States (10.6 tons)
- Netherlands (10.2 tons)
- China (3.7 tons)
- Spain (2.2 tons)
This report provides an in-depth analysis of the chlorides market in Algeria.
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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...
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
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...
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...