Price for Hydroxide and Peroxide of Magnesium in Jordan - 2022

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $3,202 per ton, approximately reflecting the previous year. Overall, the import price enjoyed a pronounced expansion. The growth pace was the most rapid in 2015 when the average import price increased by 46%. Over the period under review, average import prices reached the maximum at $4,468 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($5,292 per ton), while the price for Austria ($1,911 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 (+4.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2020, the average export price for hydroxide and peroxide of magnesia amounted to $354 per ton, growing by 16% against the previous year. In general, the export price, however, showed a abrupt slump. Over the period under review, the average export prices reached the peak figure at $1,000 per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

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

From 2013 to 2020, the rate of growth in terms of prices for China amounted to 0.0% per year.

Imports of Hydroxide and Peroxide of Magnesium in Jordan

For the third consecutive year, Jordan recorded decline in overseas purchases of hydroxide and peroxide of magnesia, which decreased by 0% to 7.3 tons in 2022. Over the period under review, imports enjoyed prominent growth. The smallest decline of -22.5% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, hydroxide and peroxide of magnesium imports stood at $23K in 2022. In general, imports recorded a relatively flat trend pattern. The smallest decline of -62.6% was in 2020. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

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

1. Austria (3.4 tons)
2. France (2.8 tons)
3. Germany (1.1 tons)

Exports of Hydroxide and Peroxide of Magnesium in Jordan

In 2020, exports of hydroxide and peroxide of magnesia from Jordan declined notably to 525 kg, waning by -20.5% compared with 2019. In general, exports recorded a dramatic descent.

In value terms, hydroxide and peroxide of magnesium exports declined to $186 in 2020. Overall, exports continue to indicate a deep reduction.

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

1. China (525.0 kg)

Source: IndexBox Market Intelligence Platform