Price for Hydroxide and Peroxide of Magnesium in Ireland - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Ireland (FOB) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Ireland (CIF) - 2023
- Exports of Hydroxide and Peroxide of Magnesium in Ireland
- Imports of Hydroxide and Peroxide of Magnesium in Ireland
Price for Hydroxide and Peroxide of Magnesium in Ireland (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $574 per ton in 2022, increasing by 69% against the previous year. Overall, the export price saw a strong increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($574 per ton), while the average price for exports to Finland totaled $574 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+6.8%).
Price for Hydroxide and Peroxide of Magnesium in Ireland (CIF) - 2023
In August 2023, the average import price for hydroxide and peroxide of magnesia amounted to $20,757 per ton, rising by 141% against the previous month. Over the period under review, the import price recorded a strong increase. The pace of growth appeared the most rapid in November 2022 an increase of 344% m-o-m. As a result, import price reached the peak level of $68,906 per ton. From December 2022 to August 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($37,779 per ton), while the price for India stood at $18,110 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the UK (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hydroxide and Peroxide of Magnesium in Ireland
After three years of growth, shipments abroad of hydroxide and peroxide of magnesia decreased by -54.6% to 2.5K tons in 2022. In general, exports, however, posted a resilient increase. The pace of growth was the most pronounced in 2021 when exports increased by 194% against the previous year. As a result, the exports attained the peak of 5.5K tons, and then plummeted in the following year.
In value terms, hydroxide and peroxide of magnesium exports fell sharply to $1.4M in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 349% against the previous year. As a result, the exports reached the peak of $1.9M, and then contracted notably in the following year.
| Export of Hydroxide and Peroxide of Magnesium in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 381 | 414 | 1,667 | 1,405 | 54.5% |
| Finland | N/A | N/A | 166 | 24.0 | -85.5% |
| United States | N/A | N/A | 25.7 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 381 | 414 | 1,859 | 1,429 | 55.4% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Ireland in 2022:
- United Kingdom (2449.0 tons)
- Finland (41.9 tons)
Imports of Hydroxide and Peroxide of Magnesium in Ireland
In 2022, hydroxide and peroxide of magnesium imports into Ireland skyrocketed to 117 tons, picking up by 61% against the previous year's figure. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 skyrocketed to $1.4M in 2022. In general, imports saw significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 105% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Hydroxide and Peroxide of Magnesium in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 140 | 204 | 592 | 105.6% |
| Netherlands | N/A | 2.0 | 189 | 408 | 1328.3% |
| Germany | 385 | 736 | 189 | 243 | -14.2% |
| United Kingdom | 18.5 | 8.0 | 49.0 | 66.2 | 53.0% |
| India | 37.5 | 19.1 | 19.9 | 28.2 | -9.1% |
| China | N/A | N/A | 0.4 | 6.6 | 1550.0% |
| Italy | 26.3 | 7.7 | N/A | N/A | -70.7% |
| Others | 8.5 | 64.0 | 23.2 | 9.0 | 1.9% |
| Total | 476 | 977 | 673 | 1,353 | 41.7% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Ireland in 2022:
- Netherlands (60.7 tons)
- Germany (23.8 tons)
- United Kingdom (20.8 tons)
- India (5.6 tons)
- United States (3.9 tons)
- China (2.0 tons)
337
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Ireland.
714
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
337
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Ireland.
714
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
1304
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...
737
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...
1304
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...
737
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...
