Price for Hydroxide and Peroxide of Magnesium in Bolivia - 2023

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,997 per ton, which is down by -40.2% against the previous year. Overall, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of 102% against the previous year. As a result, import price attained the peak level of $5,873 per ton. From 2021 to 2022, the average 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 the United States ($8,908 per ton), while the price for Brazil ($1,917 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.0%), while the prices for the other major suppliers experienced a decline.

Imports of Hydroxide and Peroxide of Magnesium in Bolivia

In 2022, the amount of hydroxide and peroxide of magnesia imported into Bolivia soared to 41 tons, rising by 86% compared with the year before. Overall, imports enjoyed 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 rose remarkably to $81K in 2022. The total import value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Hydroxide and Peroxide of Magnesium in Bolivia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India28.819.221.669.734.3%
BrazilN/A7.7N/A7.3-2.6%
United States2.94.33.94.213.1%
Germany29.048.747.6N/A28.1%
OthersN/AN/AN/AN/A0%
Total60.779.973.181.110.1%

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

  1. India (36.3 tons)
  2. Brazil (3.8 tons)
  3. United States (0.5 tons)

Source: IndexBox Market Intelligence Platform

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