Chlorides; of Magnesium Price in Kazakhstan - 2021

Contents:

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

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

In 2022, the average chlorides; of magnesium import price amounted to $490 per ton, waning by -40.3% against the previous year. Over the period under review, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2019 when the average import price increased by 93% against the previous year. The import price peaked at $831 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 France ($660 per ton), while the price for China ($29 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+7.2%), while the prices for the other major suppliers experienced a decline.

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

The average chlorides; of magnesium export price stood at $3,789 per ton in 2022, growing by 273% against the previous year. Overall, the export price continues to indicate a pronounced increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($13,200 per ton), while the average price for exports to Kyrgyzstan totaled $2,612 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+1,879.0%).

Chlorides; of Magnesium Imports in Kazakhstan

After two years of decline, purchases abroad of chlorides; of magnesia increased by 55% to 5.7K tons in 2022. Over the period under review, imports, however, showed a abrupt slump.

In value terms, chlorides; of magnesium imports dropped to $2.8M in 2022. Overall, imports, however, recorded a precipitous curtailment.

Import of Chlorides; of Magnesium in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2,8312,0751,4792,551-3.4%
Russia64.911614415032.2%
China4.38.714.632.796.6%
Others2,7242,0871,37755.5-72.7%
Total5,6244,2863,0142,789-20.8%

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

  1. France (3.9K tons)
  2. China (1.1K tons)
  3. Russia (0.6K tons)

Chlorides; of Magnesium Exports in Kazakhstan

Chlorides; of magnesium exports from Kazakhstan declined markedly to 90 kg in 2022, shrinking by -99% against the year before. Over the period under review, exports continue to indicate a precipitous decline. The growth pace was the most rapid in 2021 with an increase of 25%.

In value terms, chlorides; of magnesium exports dropped markedly to $341 in 2022. Overall, exports saw a sharp curtailment. The smallest decline of -11.7% was in 2021.

Export of Chlorides; of Magnesium in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/A0.10.30.241.4%
RussiaN/AN/AN/A0.10%
MalaysiaN/A10.0N/AN/A0%
Uzbekistan435N/AN/AN/A0%
UkraineN/AN/A8.6N/A0%
Others1.8N/AN/AN/A0%
Total43710.18.90.3-91.2%

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

  1. Kyrgyzstan (80.0 kg)
  2. Russia (10.0 kg)

Source: IndexBox Market Intelligence Platform

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