Chlorides; of Magnesium Price in the Netherlands - 2023

Contents:

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

Chlorides; of Magnesium Price in the Netherlands (FOB) - 2023

In August 2023, the average chlorides; of magnesium export price amounted to $182 per ton, growing by 15% against the previous month. Overall, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in June 2023 when the average export price increased by 195% against the previous month. Over the period under review, the average export prices hit record highs at $523 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was the United States ($757 per ton), while the average price for exports to Germany ($54.0 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 Slovakia (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Magnesium Price in the Netherlands (CIF) - 2023

In August 2023, the average chlorides; of magnesium import price amounted to $674 per ton, reducing by -32.2% against the previous month. In general, the import price saw a noticeable slump. The most prominent rate of growth was recorded in December 2022 an increase of 84% m-o-m. Over the period under review, average import prices attained the maximum at $1,384 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Czech Republic ($2,132 per ton), while the price for Germany ($270 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by India (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Magnesium Exports in the Netherlands

In 2022, chlorides; of magnesium exports from the Netherlands expanded notably to 64K tons, growing by 7% against 2021. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 188%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, chlorides; of magnesium exports contracted modestly to $16M in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 185% against the previous year.

Export of Chlorides; of Magnesium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,8882,0283,3816,22848.9%
United KingdomN/A1,2341,6141,77219.8%
Portugal99.1100N/A29944.5%
ColombiaN/AN/AN/A2950%
Denmark361305290244-12.2%
Ireland10814814118720.1%
BulgariaN/A12116617720.9%
SpainN/A79.117416644.9%
Czech RepublicN/A80.650.915840.0%
Argentina29.522.810213063.9%
Hungary66.936.20.898.413.7%
GermanyN/A4,1773,061N/A-26.7%
Turkey8691,0591,079N/A11.4%
Others1,6184,9766,5866,41058.2%
Total5,03814,36716,64516,16547.5%

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

  1. United States (9.0K tons)
  2. United Kingdom (4.5K tons)
  3. Denmark (0.8K tons)
  4. Portugal (0.7K tons)
  5. Czech Republic (0.6K tons)
  6. Colombia (0.6K tons)
  7. Ireland (0.5K tons)
  8. Spain (0.5K tons)
  9. Bulgaria (0.5K tons)
  10. Hungary (0.3K tons)
  11. Argentina (0.3K tons)

Chlorides; of Magnesium Imports in the Netherlands

In 2022, approx. 1.5K tons of chlorides; of magnesia were imported into the Netherlands; growing by 20% compared with the previous year's figure. The total import volume increased at an average annual rate of +12.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of magnesium imports soared to $2.2M in 2022. In general, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Magnesium in the Netherlands (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic47253660172415.3%
Germany33147547366125.9%
Japan11912022025228.4%
United States2.630.036.1172304.4%
China73.871.431.610010.7%
Spain55.711754.386.115.6%
Belgium44.656.349.765.613.7%
Israel41.739.548.77.4-43.8%
Denmark16.40.40.11.3-57.0%
Others61.685.369.812827.6%
Total1,2181,5311,5842,19821.7%

Top Suppliers of Chlorides; of Magnesium to the Netherlands in 2022:

  1. Czech Republic (420.2 tons)
  2. Germany (374.8 tons)
  3. Japan (211.8 tons)
  4. United States (169.5 tons)
  5. China (100.2 tons)
  6. Spain (68.6 tons)
  7. Belgium (53.4 tons)
  8. Israel (28.3 tons)
  9. Denmark (1.1 tons)

Source: IndexBox Market Intelligence Platform

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