Chlorides; of Magnesium Price in Estonia - 2023

Contents:

1. Chlorides; of Magnesium Price in Estonia (FOB) - 2022
2. Chlorides; of Magnesium Price in Estonia (CIF) - 2022
3. Chlorides; of Magnesium Exports in Estonia
4. Chlorides; of Magnesium Imports in Estonia

Chlorides; of Magnesium Price in Estonia (FOB) - 2022

In 2022, the average chlorides; of magnesium export price amounted to $863 per ton, waning by -14.3% against the previous year. Over the period under review, the export price recorded a noticeable decline. The pace of growth appeared the most rapid in 2013 when the average export price increased by 22%. As a result, the export price attained the peak level of $1,667 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($1,013 per ton), while the average price for exports to the UK ($235 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 the UK (+33.5%), while the prices for the other major destinations experienced a decline.

Chlorides; of Magnesium Price in Estonia (CIF) - 2022

The average chlorides; of magnesium import price stood at $2,896 per ton in 2022, declining by -78.1% against the previous year. In general, the import price, however, continues to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 326%. As a result, import price attained the peak level of $13,249 per ton, and then fell sharply in the following year.

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 Australia ($5,388 per ton), while the price for Lithuania ($699 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+17.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Magnesium Exports in Estonia

After three years of growth, overseas shipments of chlorides; of magnesia decreased by -60.6% to 96 tons in 2022. Over the period under review, exports, however, recorded a significant increase. The growth pace was the most rapid in 2020 with an increase of 23,854% against the previous year.

In value terms, chlorides; of magnesium exports declined dramatically to $82K in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 21,236%.

Top Export Markets for Chlorides; of Magnesium from Estonia in 2022:

1. Latvia (54.9 tons)
2. Lithuania (23.7 tons)
3. Russia (13.9 tons)
4. United Kingdom (2.5 tons)

Chlorides; of Magnesium Imports in Estonia

After three years of growth, purchases abroad of chlorides; of magnesia decreased by -76.7% to 15 tons in 2022. In general, imports faced a deep setback. The pace of growth was the most pronounced in 2020 when imports increased by 145% against the previous year.

In value terms, chlorides; of magnesium imports dropped remarkably to $44K in 2022. Overall, imports saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 352%. As a result, imports reached the peak of $863K, and then dropped remarkably in the following year.

Top Suppliers of Chlorides; of Magnesium to Estonia in 2022:

1. Netherlands (undefined tons)
2. Latvia (7.0 tons)
3. Germany (4.1 tons)
4. Czech Republic (2.9 tons)
5. Australia (1.0 tons)
6. Lithuania (0.2 tons)

Source: IndexBox Market Intelligence Platform