Chlorides; of Magnesium Price in Costa Rica - 2022
Contents:
- Chlorides; of Magnesium Price in Costa Rica (CIF) - 2022
- Chlorides; of Magnesium Price in Costa Rica (FOB) - 2022
- Chlorides; of Magnesium Imports in Costa Rica
- Chlorides; of Magnesium Exports in Costa Rica
Chlorides; of Magnesium Price in Costa Rica (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $2,514 per ton, reducing by -15.3% against the previous year. In general, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 67% against the previous year. The import price peaked at $5,083 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($12,850 per ton), while the price for the Netherlands ($1,122 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in Costa Rica (FOB) - 2022
The average chlorides; of magnesium export price stood at $36,276 per ton in 2022, surging by 1,002% against the previous year. In general, the export price showed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Guatemala.
From 2014 to 2022, the rate of growth in terms of prices for Guatemala amounted to +42.1% per year.
Chlorides; of Magnesium Imports in Costa Rica
In 2022, approx. 18 tons of chlorides; of magnesia were imported into Costa Rica; rising by 50% against the year before. Over the period under review, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 172%. As a result, imports attained the peak of 25 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chlorides; of magnesium imports soared to $45K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 30% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Import of Chlorides; of Magnesium in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 3.0 | 3.6 | 9.3 | 16.7 | 77.2% |
| Germany | 26.8 | 22.3 | 13.9 | 15.3 | -17.0% |
| Netherlands | 1.4 | 11.0 | 5.5 | 12.5 | 107.5% |
| Guatemala | 1.5 | 3.7 | 0.5 | 0.3 | -41.5% |
| United States | 0.3 | 0.8 | 4.8 | 0.1 | -30.7% |
| Colombia | 0.8 | 1.0 | 0.8 | N/A | 0.0% |
| Others | 0.4 | 1.8 | 1.0 | 0.4 | 0.0% |
| Total | 34.1 | 44.3 | 35.7 | 45.2 | 9.8% |
Top Suppliers of Chlorides; of Magnesium to Costa Rica in 2022:
- Netherlands (11.1 tons)
- Czech Republic (5.4 tons)
- Germany (1.2 tons)
- Guatemala (0.2 tons)
- United States (0.1 tons)
Chlorides; of Magnesium Exports in Costa Rica
In 2022, after two years of decline, there was significant decline in overseas shipments of chlorides; of magnesia, when their volume decreased by -96.8% to 29 kg. Overall, exports saw a dramatic contraction.
In value terms, chlorides; of magnesium exports shrank significantly to $1.1K in 2022. In general, exports recorded a dramatic shrinkage.
| Export of Chlorides; of Magnesium in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Guatemala | N/A | N/A | N/A | 1.1 | 0% |
| Peru | N/A | N/A | 3.0 | N/A | 0% |
| Panama | 5.4 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.4 | N/A | 3.0 | 1.1 | -41.2% |
Top Export Markets for Chlorides; of Magnesium from Costa Rica in 2022:
- Guatemala (29.0 kg)
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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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