Chlorides; of Magnesium Price in Ukraine - 2023

Contents:

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

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

The average chlorides; of magnesium import price stood at $502 per ton in 2022, surging by 6.4% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 32% against the previous year. Over the period under review, average import prices attained the maximum at $821 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($1,393 per ton), while the price for the Netherlands ($356 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average chlorides; of magnesium export price amounted to $459 per ton, falling by -66.5% against the previous year. Over the period under review, the export price showed a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average export price increased by 135% against the previous year. Over the period under review, the average export prices attained the peak figure at $1,370 per ton in 2021, and then fell markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for the Czech Republic.

From 2012 to 2022, the rate of growth in terms of prices for Moldova amounted to +3.0% per year.

Chlorides; of Magnesium Imports in Ukraine

In 2022, the amount of chlorides; of magnesia imported into Ukraine skyrocketed to 672 tons, with an increase of 32% against the previous year's figure. In general, imports continue to indicate a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 83% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, chlorides; of magnesium imports soared to $337K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 142% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

Import of Chlorides; of Magnesium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland28.719.547.410252.6%
China23.213.336.572.546.2%
Netherlands8.23.50.856.790.5%
Germany31.313.713.533.22.0%
Israel10.03.45.730.244.5%
India3.58.211.516.668.0%
Russia20.122.126.30.8-65.9%
Others20.515.498.224.86.6%
Total14699.224033732.2%

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

  1. Poland (262.0 tons)
  2. Netherlands (159.0 tons)
  3. Israel (80.0 tons)
  4. Germany (67.5 tons)
  5. China (52.0 tons)
  6. India (42.0 tons)
  7. Russia (2.0 tons)

Chlorides; of Magnesium Exports in Ukraine

In 2022, after three years of growth, there was significant decline in overseas shipments of chlorides; of magnesia, when their volume decreased by -98.9% to 100 kg. Over the period under review, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 141%. As a result, the exports reached the peak of 9 tons, and then declined markedly in the following year.

In value terms, chlorides; of magnesium exports dropped sharply to $46 in 2022. In general, exports showed a sharp contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 169%. As a result, the exports reached the peak of $12K, and then declined remarkably in the following year.

Export of Chlorides; of Magnesium in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Moldova1.04.63.3N/A81.7%
France1.8N/AN/AN/A0%
Czech RepublicN/AN/AN/AN/A0%
AlbaniaN/AN/A9.0N/A0%
OthersN/AN/AN/AN/A0%
Total2.84.612.3N/A109.6%

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

  1. Czech Republic (100.0 kg)

Source: IndexBox Market Intelligence Platform

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