Price for Hydroxide and Peroxide of Magnesium in Azerbaijan - 2023

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $832 per ton, which is down by -64.3% against the previous year. In general, the import price recorded a noticeable downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by 32%. The import price peaked at $3,816 per ton in 2020; however, from 2021 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 Turkey ($2,208 per ton), while the price for China stood at $803 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+5.8%).

Imports of Hydroxide and Peroxide of Magnesium in Azerbaijan

In 2022, approx. 5.1 tons of hydroxide and peroxide of magnesia were imported into Azerbaijan; picking up by 719% on 2021. Over the period under review, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports soared to $4.2K in 2022. In general, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A4.00%
Turkey2.01.81.20.2-53.6%
OthersN/AN/A0.3N/A0%
Total2.01.81.54.228.1%

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

  1. China (5.0 tons)
  2. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Hydroxide and peroxide of magnesium - Azerbaijan