Chlorides; of Magnesium Price in Thailand - 2023
Contents:
- Chlorides; of Magnesium Price in Thailand (CIF) - 2023
- Chlorides; of Magnesium Price in Thailand (FOB) - 2022
- Chlorides; of Magnesium Imports in Thailand
- Chlorides; of Magnesium Exports in Thailand
Chlorides; of Magnesium Price in Thailand (CIF) - 2023
The average chlorides; of magnesium import price stood at $117 per ton in September 2023, with a decrease of -36.9% against the previous month. Overall, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in January 2023 an increase of 97% against the previous month. As a result, import price attained the peak level of $295 per ton. From February 2023 to September 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In September 2023, the country with the highest price was China ($119 per ton), while the price for India amounted to $101 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Israel (+0.2%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Price in Thailand (FOB) - 2022
The average chlorides; of magnesium export price stood at $497 per ton in 2022, jumping by 42% against the previous year. Overall, the export price, however, saw a noticeable contraction. The growth pace was the most rapid in 2019 an increase of 507%. As a result, the export price reached the peak level of $2,336 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,903 per ton), while the average price for exports to Myanmar ($418 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 Myanmar (-4.1%).
Chlorides; of Magnesium Imports in Thailand
For the fourth year in a row, Thailand recorded growth in supplies from abroad of chlorides; of magnesia, which increased by 62% to 45K tons in 2022. In general, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports rose sharply to $6.2M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The growth pace was the most rapid in 2021 with an increase of 16%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Chlorides; of Magnesium in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.3 | 3.0 | 3.3 | 3.1 | -2.1% |
| Israel | 1.8 | 1.2 | 1.3 | 1.3 | -10.3% |
| India | 0.3 | 0.1 | 0.2 | 1.0 | 49.4% |
| Others | 0.5 | 0.8 | 1.0 | 0.8 | 17.0% |
| Total | 5.9 | 5.0 | 5.8 | 6.2 | 1.7% |
Top Suppliers of Chlorides; of Magnesium to Thailand in 2022:
- China (30.3K tons)
- Israel (10.4K tons)
- India (3.6K tons)
Chlorides; of Magnesium Exports in Thailand
In 2022, chlorides; of magnesium exports from Thailand skyrocketed to 241 tons, increasing by 62% compared with the previous year. Over the period under review, exports saw a significant increase. The pace of growth was the most pronounced in 2020 when exports increased by 160%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, chlorides; of magnesium exports soared to $120K in 2022. In general, exports, however, continue to indicate a abrupt slump.
| Export of Chlorides; of Magnesium in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Myanmar | N/A | 29.3 | 26.7 | 76.1 | 61.2% |
| Indonesia | 24.6 | 30.0 | 25.3 | 26.4 | 2.4% |
| Malaysia | N/A | N/A | N/A | 13.6 | 0% |
| Lao People's Democratic Republic | 86.0 | N/A | 0.3 | N/A | -94.1% |
| Others | 37.9 | 3.5 | N/A | 3.7 | -54.0% |
| Total | 149 | 62.9 | 52.3 | 120 | -7.0% |
Top Export Markets for Chlorides; of Magnesium from Thailand in 2022:
- Myanmar (181.8 tons)
- Indonesia (52.0 tons)
- Malaysia (4.7 tons)
296
This report provides an in-depth analysis of the chlorides market in Thailand.
430
This report provides an in-depth analysis of the ammonium chloride market in Thailand.
409
This report provides an in-depth analysis of the market for bromides, iodides and oxids thereof in Thailand.
432
This report provides an in-depth analysis of the market for chloride oxides of metal in Thailand.
448
This report provides an in-depth analysis of the global chlorides market.
830
This report provides an in-depth analysis of the global ammonium chloride market.
499
This report provides an in-depth analysis of the global market for bromides, iodides and oxids thereof.
613
This report provides an in-depth analysis of the global market for chloride oxides of metal.
296
This report provides an in-depth analysis of the chlorides market in Thailand.
430
This report provides an in-depth analysis of the ammonium chloride market in Thailand.
305
In April 2023, the ammonium chloride price amounted to $271 per ton (CIF, Thailand), falling by -7.5% against the previous month.
1237
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...
958
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
305
In April 2023, the ammonium chloride price amounted to $271 per ton (CIF, Thailand), falling by -7.5% against the previous month.
1237
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...
958
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
