Chlorides; of Magnesium Price in Hungary - 2023
Contents:
- Chlorides; of Magnesium Price in Hungary (CIF) - 2022
- Chlorides; of Magnesium Price in Hungary (FOB) - 2022
- Chlorides; of Magnesium Imports in Hungary
- Chlorides; of Magnesium Exports in Hungary
Chlorides; of Magnesium Price in Hungary (CIF) - 2022
The average chlorides; of magnesium import price stood at $1,250 per ton in 2022, picking up by 12% against the previous year. Over the period under review, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 an increase of 63%. The import price peaked in 2022 and is likely to see steady growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,534 per ton), while the price for Poland ($500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+17.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in Hungary (FOB) - 2022
The average chlorides; of magnesium export price stood at $5,105 per ton in 2022, increasing by 97% against the previous year. Over the period under review, the export price posted significant growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 653% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.
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 Slovenia ($6,150 per ton), while the average price for exports to Serbia ($2,571 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 Slovenia (+86.3%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Hungary
In 2022, chlorides; of magnesium imports into Hungary dropped to 1.1K tons, which is down by -6.3% against the year before. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,361%. As a result, imports reached the peak of 1.2K tons, and then declined in the following year.
In value terms, chlorides; of magnesium imports amounted to $1.4M in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 1,608%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Chlorides; of Magnesium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 52.4 | 34.7 | 971 | 1,130 | 178.3% |
| Netherlands | 5.1 | 3.9 | 302 | 242 | 262.0% |
| Czech Republic | 14.8 | 16.8 | 21.7 | 18.9 | 8.5% |
| Poland | 3.3 | 1.7 | 6.8 | 14.7 | 64.5% |
| Others | 17.6 | 22.1 | 49.9 | 13.5 | -8.5% |
| Total | 93.2 | 79.1 | 1,351 | 1,419 | 147.8% |
Top Suppliers of Chlorides; of Magnesium to Hungary in 2022:
- Germany (921.5 tons)
- Netherlands (157.8 tons)
- Poland (29.4 tons)
- Czech Republic (19.9 tons)
Chlorides; of Magnesium Exports in Hungary
In 2022, shipments abroad of chlorides; of magnesia decreased by -57.6% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, exports faced a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 917% against the previous year. As a result, the exports reached the peak of 17 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chlorides; of magnesium exports declined remarkably to $5.8K in 2022. Over the period under review, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 when exports increased by 135%. As a result, the exports reached the peak of $10K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Chlorides; of Magnesium in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Slovakia | N/A | N/A | N/A | 5.6 | 0% |
| Romania | N/A | 0.4 | 3.4 | 0.1 | -50.0% |
| Serbia | 4.3 | 3.9 | 3.2 | 0.1 | -71.5% |
| Slovenia | N/A | 0.4 | 0.1 | N/A | -75.0% |
| North Macedonia | N/A | 5.4 | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 4.3 | 10.1 | 6.9 | 5.8 | 10.5% |
Top Export Markets for Chlorides; of Magnesium from Hungary in 2022:
- Slovakia (1078.0 kg)
- Serbia (32.0 kg)
- Romania (24.0 kg)
- Slovenia (1.0 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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