Chlorides; of Magnesium Price in Venezuela - 2022
Contents:
Chlorides; of Magnesium Price in Venezuela (CIF) - 2022
The average chlorides; of magnesium import price stood at $923 per ton in 2022, reducing by -42.3% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 55%. Over the period under review, average import prices attained the maximum at $3,687 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Czech Republic ($1,021 per ton), while the price for Germany ($985 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+300.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Venezuela
Chlorides; of magnesium imports into Venezuela surged to 115 tons in 2022, picking up by 132% against 2021. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 242% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, chlorides; of magnesium imports soared to $106K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 153% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
| Import of Chlorides; of Magnesium in Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | N/A | 37.1 | 32.2 | 45.7 | 11.0% |
| China | 5.8 | 5.4 | 8.3 | 11.0 | 23.8% |
| Germany | 13.4 | 3.5 | N/A | 1.1 | -56.5% |
| Peru | N/A | N/A | 5.3 | N/A | 0% |
| Netherlands | N/A | N/A | 0.6 | N/A | 0% |
| Others | 15.1 | 40.8 | 32.6 | 48.1 | 47.1% |
| Total | 34.3 | 86.9 | 79.1 | 106 | 45.7% |
Top Suppliers of Chlorides; of Magnesium to Venezuela in 2022:
- Czech Republic (44.7 tons)
- China (11.1 tons)
- Germany (1.1 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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