Price for Hydroxide and Peroxide of Magnesium in Angola - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Angola (CIF) - 2022
  2. Imports of Hydroxide and Peroxide of Magnesium in Angola

Price for Hydroxide and Peroxide of Magnesium in Angola (CIF) - 2022

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $5,092 per ton, falling by -30.9% against the previous year. Over the period under review, the import price, however, recorded a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 80% against the previous year. Over the period under review, average import prices hit record highs at $8,419 per ton in 2019; however, from 2020 to 2022, 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 Brazil ($33,027 per ton), while the price for South Africa ($1,564 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Hydroxide and Peroxide of Magnesium in Angola

In 2022, overseas purchases of hydroxide and peroxide of magnesia increased by 79% to 434 kg for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a sharp downturn.

In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $2.2K in 2022. In general, imports, however, showed a sharp shrinkage.

Import of Hydroxide and Peroxide of Magnesium in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil13.21.20.81.1-56.3%
Namibia10.71.10.81.1-53.2%
South Africa0.1N/AN/AN/A0%
Portugal0.60.30.1N/A-59.2%
OthersN/AN/AN/AN/A0%
Total24.52.61.82.2-55.2%

Top Suppliers of Hydroxide and Peroxide of Magnesium to Angola in 2022:

  1. Namibia (390.0 kg)
  2. Brazil (33.0 kg)
  3. Portugal (7.0 kg)
  4. South Africa (3.0 kg)

Source: IndexBox Market Intelligence Platform

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