Chlorides; of Magnesium Price in the Netherlands - 2023
Contents:
- Chlorides; of Magnesium Price in the Netherlands (FOB) - 2023
- Chlorides; of Magnesium Price in the Netherlands (CIF) - 2023
- Chlorides; of Magnesium Exports in the Netherlands
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,888 | 2,028 | 3,381 | 6,228 | 48.9% |
United Kingdom | N/A | 1,234 | 1,614 | 1,772 | 19.8% |
Portugal | 99.1 | 100 | N/A | 299 | 44.5% |
Colombia | N/A | N/A | N/A | 295 | 0% |
Denmark | 361 | 305 | 290 | 244 | -12.2% |
Ireland | 108 | 148 | 141 | 187 | 20.1% |
Bulgaria | N/A | 121 | 166 | 177 | 20.9% |
Spain | N/A | 79.1 | 174 | 166 | 44.9% |
Czech Republic | N/A | 80.6 | 50.9 | 158 | 40.0% |
Argentina | 29.5 | 22.8 | 102 | 130 | 63.9% |
Hungary | 66.9 | 36.2 | 0.8 | 98.4 | 13.7% |
Germany | N/A | 4,177 | 3,061 | N/A | -26.7% |
Turkey | 869 | 1,059 | 1,079 | N/A | 11.4% |
Others | 1,618 | 4,976 | 6,586 | 6,410 | 58.2% |
Total | 5,038 | 14,367 | 16,645 | 16,165 | 47.5% |
Top Export Markets for Chlorides; of Magnesium from the Netherlands in 2022:
- United States (9.0K tons)
- United Kingdom (4.5K tons)
- Denmark (0.8K tons)
- Portugal (0.7K tons)
- Czech Republic (0.6K tons)
- Colombia (0.6K tons)
- Ireland (0.5K tons)
- Spain (0.5K tons)
- Bulgaria (0.5K tons)
- Hungary (0.3K tons)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Czech Republic | 472 | 536 | 601 | 724 | 15.3% |
Germany | 331 | 475 | 473 | 661 | 25.9% |
Japan | 119 | 120 | 220 | 252 | 28.4% |
United States | 2.6 | 30.0 | 36.1 | 172 | 304.4% |
China | 73.8 | 71.4 | 31.6 | 100 | 10.7% |
Spain | 55.7 | 117 | 54.3 | 86.1 | 15.6% |
Belgium | 44.6 | 56.3 | 49.7 | 65.6 | 13.7% |
Israel | 41.7 | 39.5 | 48.7 | 7.4 | -43.8% |
Denmark | 16.4 | 0.4 | 0.1 | 1.3 | -57.0% |
Others | 61.6 | 85.3 | 69.8 | 128 | 27.6% |
Total | 1,218 | 1,531 | 1,584 | 2,198 | 21.7% |
Top Suppliers of Chlorides; of Magnesium to the Netherlands in 2022:
- Czech Republic (420.2 tons)
- Germany (374.8 tons)
- Japan (211.8 tons)
- United States (169.5 tons)
- China (100.2 tons)
- Spain (68.6 tons)
- Belgium (53.4 tons)
- Israel (28.3 tons)
- Denmark (1.1 tons)
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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...
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