Chlorides; of Magnesium Price in Slovakia - 2023

Contents:

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

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

In 2022, the average chlorides; of magnesium import price amounted to $364 per ton, declining by -18.9% against the previous year. Over the period under review, the import price recorded a mild decline. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. As a result, import price reached the peak level of $463 per ton. From 2021 to 2022, the average 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 Hungary ($17,116 per ton), while the price for Poland ($243 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+68.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average chlorides; of magnesium export price stood at $1,166 per ton in 2022, picking up by 96% against the previous year. In general, the export price showed a perceptible expansion. The growth pace was the most rapid in 2015 when the average export price increased by 249% against the previous year. As a result, the export price attained the peak level of $3,064 per ton. From 2016 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 Hungary ($3,657 per ton), while the average price for exports to the Czech Republic totaled $949 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+19.5%).

Chlorides; of Magnesium Imports in Slovakia

In 2022, chlorides; of magnesium imports into Slovakia surged to 759 tons, increasing by 26% compared with 2021. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 184% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, chlorides; of magnesium imports expanded to $276K in 2022. Overall, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 176%. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Chlorides; of Magnesium in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland27.726.651.111460.3%
Czech Republic27.955.013488.747.0%
RussiaN/AN/A74.558.5-21.5%
Germany27.714.94.88.7-32.0%
Netherlands43.6N/A3.34.0-54.9%
Others2.01.31.31.7-5.3%
Total12997.827027628.9%

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

  1. Poland (471.1 tons)
  2. Russia (161.2 tons)
  3. Czech Republic (92.1 tons)
  4. Germany (24.7 tons)
  5. Netherlands (10.0 tons)

Chlorides; of Magnesium Exports in Slovakia

In 2022, after three years of growth, there was significant decline in shipments abroad of chlorides; of magnesia, when their volume decreased by -45.8% to 5.1 tons. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 338% against the previous year.

In value terms, chlorides; of magnesium exports expanded significantly to $6K in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 283% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Chlorides; of Magnesium in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic0.84.65.14.881.7%
Hungary0.60.5N/A0.1-45.0%
BulgariaN/A0.3N/AN/A0%
RomaniaN/AN/A0.5N/A0%
OthersN/AN/AN/A1.10%
Total1.45.45.66.062.4%

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

  1. Hungary (undefined tons)
  2. Czech Republic (5.0 tons)

Source: IndexBox Market Intelligence Platform

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