Price for Hydroxide and Peroxide of Magnesium in Belarus - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Belarus (FOB) - 2022
  2. Price for Hydroxide and Peroxide of Magnesium in Belarus (CIF) - 2022
  3. Exports of Hydroxide and Peroxide of Magnesium in Belarus
  4. Imports of Hydroxide and Peroxide of Magnesium in Belarus

Price for Hydroxide and Peroxide of Magnesium in Belarus (FOB) - 2022

The average export price for hydroxide and peroxide of magnesia stood at $469 per ton in 2021, almost unchanged from the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2020 a decrease of 99.9%. Over the period under review, the average export prices hit record highs at $667 per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2019 to 2021, the rate of growth in terms of prices for Ukraine amounted to 0.0% per year.

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $511 per ton, increasing by 5.4% against the previous year. Over the period under review, the import price, however, saw a slight downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 111% against the previous year. As a result, import price attained the peak level of $1,331 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($4,816 per ton), while the price for Russia ($286 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Hydroxide and Peroxide of Magnesium in Belarus

In 2021, hydroxide and peroxide of magnesium exports from Belarus stood at 240 tons, approximately reflecting the year before. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, hydroxide and peroxide of magnesium exports totaled $113K in 2021. In general, exports showed a significant expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

Export of Hydroxide and Peroxide of Magnesium in Belarus (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
UkraineN/AN/A1120%
Others0.1N/A0.4100.0%
Total0.1N/A1133261.5%

Top Export Markets for Hydroxide and Peroxide of Magnesium from Belarus in 2022:

  1. Ukraine (239.4 tons)

Imports of Hydroxide and Peroxide of Magnesium in Belarus

In 2022, purchases abroad of hydroxide and peroxide of magnesia decreased by -24.9% to 51 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 559%.

In value terms, hydroxide and peroxide of magnesium imports contracted significantly to $26K in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 269% against the previous year.

Import of Hydroxide and Peroxide of Magnesium in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia1.210.420.514.0126.8%
France2.04.44.23.419.3%
Poland1.94.14.13.320.2%
Others0.10.34.15.4278.0%
Total5.219.232.926.171.2%

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

  1. Russia (48.8 tons)
  2. Poland (0.7 tons)
  3. France (0.7 tons)

Source: IndexBox Market Intelligence Platform

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