Price for Hydroxide and Peroxide of Magnesium in Hong Kong SAR - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Hong Kong SAR (FOB) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Hong Kong SAR (CIF) - 2022
- Exports of Hydroxide and Peroxide of Magnesium in Hong Kong SAR
- Imports of Hydroxide and Peroxide of Magnesium in Hong Kong SAR
Price for Hydroxide and Peroxide of Magnesium in Hong Kong SAR (FOB) - 2022
In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $2,885 per ton, rising by 79% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +0.5% per year.
Price for Hydroxide and Peroxide of Magnesium in Hong Kong SAR (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $1,926 per ton in 2022, shrinking by -3.3% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 40% against the previous year. As a result, import price attained the peak level of $2,537 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($3,618 per ton), while the price for Germany ($1,394 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 (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hydroxide and Peroxide of Magnesium in Hong Kong SAR
In 2022, after three years of growth, there was significant decline in overseas shipments of hydroxide and peroxide of magnesia, when their volume decreased by -68.5% to 20 tons. Overall, exports saw a dramatic descent. The pace of growth was the most pronounced in 2020 with an increase of 39% against the previous year.
In value terms, hydroxide and peroxide of magnesium exports declined rapidly to $59K in 2022. In general, exports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports attained the peak of $132K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Hydroxide and Peroxide of Magnesium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.5 | 132 | 104 | 58.8 | -14.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 94.5 | 132 | 104 | 58.8 | -14.6% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Hong Kong SAR in 2022:
- China (20.4 tons)
Imports of Hydroxide and Peroxide of Magnesium in Hong Kong SAR
In 2022, the amount of hydroxide and peroxide of magnesia imported into Hong Kong SAR surged to 73 tons, rising by 76% against 2021. In general, imports recorded a modest increase.
In value terms, hydroxide and peroxide of magnesium imports soared to $140K in 2022. Over the period under review, imports, however, showed a abrupt descent.
| Import of Hydroxide and Peroxide of Magnesium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.2 | 43.2 | 13.8 | 72.7 | 613.7% |
| Japan | 43.9 | 33.1 | 54.9 | 44.1 | 0.2% |
| South Korea | 54.2 | 55.7 | 12.0 | 17.9 | -30.9% |
| India | 2.7 | 3.0 | 1.9 | 5.5 | 26.8% |
| United States | 74.4 | 95.7 | N/A | N/A | 28.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 175 | 231 | 82.6 | 140 | -7.2% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Hong Kong SAR in 2022:
- Germany (52.2 tons)
- Japan (12.5 tons)
- South Korea (4.9 tons)
- India (3.2 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Hong Kong SAR, China.
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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 Hong Kong SAR, China.
730
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
1329
In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
756
In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
