Price for Hydroxide and Peroxide of Magnesium in Bangladesh - 2022

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $4,958 per ton, increasing by 97% against the previous year. Over the period under review, the import price saw buoyant growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($6,646 per ton), while the price for Thailand ($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 China (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Hydroxide and Peroxide of Magnesium in Bangladesh

In 2022, the amount of hydroxide and peroxide of magnesia imported into Bangladesh surged to 1.1K tons, growing by 156% on the previous year. Overall, imports posted a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports surged to $5.5M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A759N/A1,85956.5%
South Korea5.0N/A373775437.2%
India53.5638295521113.5%
Japan503277242270-18.7%
United States4.512.095.247.7119.7%
Thailand28.832.236.642.213.6%
Others77.377743.01,962193.9%
Total6732,4941,0855,476101.1%

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

  1. France (279.7 tons)
  2. India (197.7 tons)
  3. South Korea (135.3 tons)
  4. Japan (117.6 tons)
  5. Thailand (27.0 tons)
  6. United States (21.8 tons)

Source: IndexBox Market Intelligence Platform

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