Chlorides; of Magnesium Price in France - 2023

Contents:

  1. Chlorides; of Magnesium Price in France (FOB) - 2023
  2. Chlorides; of Magnesium Price in France (CIF) - 2022
  3. Chlorides; of Magnesium Exports in France
  4. Chlorides; of Magnesium Imports in France

Chlorides; of Magnesium Price in France (FOB) - 2023

The average chlorides; of magnesium export price stood at $5,992 per ton in August 2023, increasing by 248% against the previous month. Overall, the export price saw a buoyant increase. The growth pace was the most rapid in April 2023 an increase of 1,412% against the previous month. As a result, the export price reached the peak level of $18,034 per ton. From May 2023 to August 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was Kazakhstan ($143K per ton), while the average price for exports to Japan ($457 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+29.8%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average chlorides; of magnesium import price amounted to $366 per ton, growing by 19% against the previous year. Overall, the import price, however, recorded a pronounced downturn. The pace of growth was the most pronounced in 2020 when the average import price increased by 29% against the previous year. The import price peaked at $743 per ton in 2013; however, from 2014 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 the Czech Republic ($1,868 per ton), while the price for the Netherlands ($226 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Magnesium Exports in France

For the fourth year in a row, France recorded growth in overseas shipments of chlorides; of magnesia, which increased by 16% to 5.1K tons in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.1% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 26% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, chlorides; of magnesium exports contracted to $8.8M in 2022. Over the period under review, exports, however, continue to indicate a abrupt shrinkage.

Export of Chlorides; of Magnesium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan5,0403,8192,0322,835-17.5%
Russia3,2352,3662,6832,152-12.7%
Spain2083591,3001,02069.9%
Belarus920783985773-5.6%
Germany927505298450-21.4%
Italy55.448047837589.2%
Czech Republic10326346636652.6%
Japan346338281251-10.1%
United States92.280.94.146.2-20.6%
Switzerland55.948.043.238.3-11.8%
Others624515515449-10.4%
Total11,6079,5579,0878,754-9.0%

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

  1. Czech Republic (1295.8 tons)
  2. Spain (1099.2 tons)
  3. Germany (924.5 tons)
  4. Italy (579.7 tons)
  5. Japan (447.7 tons)
  6. United States (202.0 tons)
  7. Russia (141.7 tons)
  8. Kazakhstan (124.0 tons)
  9. Switzerland (76.7 tons)
  10. Belarus (27.8 tons)

Chlorides; of Magnesium Imports in France

In 2022, the amount of chlorides; of magnesia imported into France reached 15K tons, flattening at the previous year's figure. Over the period under review, imports, however, saw a deep contraction.

In value terms, chlorides; of magnesium imports soared to $5.5M in 2022. The total import value increased at an average annual rate of +6.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Magnesium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,4861,0471,6991,8577.7%
Germany1,4471,7791,4161,6684.9%
Czech Republic6958076947894.3%
Spain14.5326364398201.7%
United Kingdom31046230.8289-2.3%
Others576455391526-3.0%
Total4,5304,8764,5945,5276.9%

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

  1. Netherlands (8.2K tons)
  2. Germany (4.9K tons)
  3. United Kingdom (1.1K tons)
  4. Czech Republic (0.4K tons)
  5. Spain (0.3K tons)

Source: IndexBox Market Intelligence Platform

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