Chlorides; of Magnesium Price in the United States - 2023
Contents:
- Chlorides; of Magnesium Price in the United States (CIF) - 2022
- Chlorides; of Magnesium Price in the United States (FOB) - 2022
- Chlorides; of Magnesium Imports in the United States
- Chlorides; of Magnesium Exports in the United States
Chlorides; of Magnesium Price in the United States (CIF) - 2022
The average chlorides; of magnesium import price stood at $344 per ton in 2022, picking up by 7% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 18% against the previous year. As a result, import price attained the peak level of $388 per ton. From 2017 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 the Czech Republic ($1,463 per ton), while the price for the Netherlands ($176 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Magnesium Price in the United States (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $645 per ton, dropping by -9.6% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 17% against the previous year. Over the period under review, the average export prices attained the maximum at $778 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($841 per ton), while the average price for exports to Canada ($504 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 Canada (-0.1%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Imports in the United States
In 2022, the amount of chlorides; of magnesia imported into the United States dropped markedly to 68K tons, which is down by -25.4% against the year before. Over the period under review, imports showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 26%.
In value terms, chlorides; of magnesium imports contracted rapidly to $23M in 2022. In general, imports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 with an increase of 19%.
| Import of Chlorides; of Magnesium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 18.9 | 13.3 | 17.0 | 10.7 | -17.3% |
| Netherlands | 4.1 | 4.2 | 5.1 | 5.3 | 8.9% |
| Czech Republic | 2.7 | 2.6 | 2.6 | 2.7 | 0.0% |
| Germany | 0.9 | 1.3 | 1.8 | 1.9 | 28.3% |
| China | 2.1 | 0.4 | 0.8 | 0.5 | -38.0% |
| India | 1.5 | 0.7 | 0.4 | 0.4 | -35.6% |
| Others | 1.9 | 2.2 | 1.5 | 1.9 | 0.0% |
| Total | 32.0 | 24.7 | 29.2 | 23.3 | -10.0% |
Top Suppliers of Chlorides; of Magnesium to the United States in 2022:
- Netherlands (30.3K tons)
- Israel (28.9K tons)
- Germany (2.9K tons)
- China (1.9K tons)
- Czech Republic (1.8K tons)
- India (0.6K tons)
Chlorides; of Magnesium Exports in the United States
In 2022, chlorides; of magnesium exports from the United States rose remarkably to 15K tons, with an increase of 15% against 2021 figures. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +18.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, chlorides; of magnesium exports rose slightly to $9.9M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 57%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Chlorides; of Magnesium in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 3.6 | 3.7 | 5.4 | 6.8 | 23.6% |
| Italy | 1.0 | 0.6 | 0.5 | 0.4 | -26.3% |
| India | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| Saudi Arabia | 0.2 | 0.4 | 1.7 | 0.2 | 0.0% |
| Others | 1.4 | 1.3 | 1.9 | 2.3 | 18.0% |
| Total | 6.4 | 6.1 | 9.6 | 9.9 | 15.7% |
Top Export Markets for Chlorides; of Magnesium from the United States in 2022:
- Canada (13.5K tons)
- Italy (0.5K tons)
- India (0.4K tons)
- Saudi Arabia (0.1K tons)
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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...
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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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