Price for Hydroxide and Peroxide of Magnesium in Ghana - 2022
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Ghana (CIF) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Ghana
Price for Hydroxide and Peroxide of Magnesium in Ghana (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,773 per ton, picking up by 14% against the previous year. In general, the import price, however, saw a perceptible reduction. The growth pace was the most rapid in 2017 when the average import price increased by 68%. Over the period under review, average import prices reached the peak figure at $3,402 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 the United States ($2,370 per ton), while the price for India ($931 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2.3%), while the prices for the other major suppliers experienced a decline.
Imports of Hydroxide and Peroxide of Magnesium in Ghana
In 2022, approx. 101 tons of hydroxide and peroxide of magnesia were imported into Ghana; picking up by 46% compared with the previous year. In general, imports posted significant growth. The growth pace was the most rapid in 2021 when imports increased by 55% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.
In value terms, hydroxide and peroxide of magnesium imports surged to $180K in 2022. Overall, imports continue to indicate a remarkable 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 25.5 | 36.6 | 50.7 | 66.9 | 37.9% |
| United States | 60.0 | 20.5 | 17.2 | 60.7 | 0.4% |
| United Kingdom | 0.1 | 0.2 | 0.6 | 5.1 | 270.8% |
| Others | 19.0 | 25.0 | 39.2 | 47.3 | 35.5% |
| Total | 105 | 82.2 | 108 | 180 | 19.7% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Ghana in 2022:
- India (71.8 tons)
- United States (25.6 tons)
- United Kingdom (2.7 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Ghana.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Ghana.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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