Price for Hydroxide and Peroxide of Magnesium in Malaysia - 2021
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Malaysia (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Malaysia (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Malaysia
- Exports of Hydroxide and Peroxide of Magnesium in Malaysia
Price for Hydroxide and Peroxide of Magnesium in Malaysia (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,339 per ton, waning by -3.6% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydroxide and peroxide of magnesium import price increased by +9.7% against 2017 indices. The most prominent rate of growth was recorded in 2015 an increase of 47%. Over the period under review, average import prices hit record highs at $1,389 per ton in 2021, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2,092 per ton), while the price for Australia ($736 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydroxide and Peroxide of Magnesium in Malaysia (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $1,456 per ton in 2022, surging by 31% against the previous year. In general, the export price, however, continues to indicate a mild decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 156% against the previous year. Over the period under review, the average export prices reached the maximum at $2,577 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to +132.1% per year.
Imports of Hydroxide and Peroxide of Magnesium in Malaysia
In 2022, the amount of hydroxide and peroxide of magnesia imported into Malaysia contracted significantly to 697 tons, reducing by -37.6% compared with 2021. In general, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 289%. As a result, imports attained the peak of 1.1K tons, and then dropped sharply in the following year.
In value terms, hydroxide and peroxide of magnesium imports shrank significantly to $933K in 2022. Overall, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 392%. As a result, imports attained the peak of $1.6M, and then declined significantly in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 203 | 166 | 879 | 515 | 36.4% |
| Netherlands | 35.4 | 18.5 | 236 | 138 | 57.4% |
| China | 72.9 | 40.9 | 97.9 | 95.7 | 9.5% |
| Germany | 30.9 | 24.4 | 111 | 65.2 | 28.3% |
| Australia | 27.7 | 34.3 | 91.7 | 61.2 | 30.2% |
| Mexico | 16.7 | 17.2 | 29.3 | 29.2 | 20.5% |
| Others | 18.5 | 14.1 | 106 | 28.8 | 15.9% |
| Total | 405 | 315 | 1,551 | 933 | 32.1% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Malaysia in 2022:
- Japan (246.2 tons)
- Netherlands (186.2 tons)
- China (111.2 tons)
- Australia (83.1 tons)
- Germany (47.5 tons)
- Mexico (17.4 tons)
Exports of Hydroxide and Peroxide of Magnesium in Malaysia
In 2022, after three years of growth, there was decline in overseas shipments of hydroxide and peroxide of magnesia, when their volume decreased by -1.8% to 28 tons. The total export volume increased at an average annual rate of +2.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 4% against the previous year.
In value terms, hydroxide and peroxide of magnesium exports surged to $41K in 2022. Over the period under review, exports recorded a drastic downturn.
| Export of Hydroxide and Peroxide of Magnesium in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 21.5 | 38.0 | 10.0 | 41.0 | 24.0% |
| Thailand | 13.9 | N/A | 13.9 | N/A | 0.0% |
| Vietnam | 10.9 | N/A | 8.0 | N/A | -14.3% |
| Syrian Arab Republic | N/A | 8.4 | N/A | N/A | 0% |
| Others | 22.3 | 3.7 | N/A | N/A | -83.4% |
| Total | 68.5 | 50.2 | 31.9 | 41.0 | -15.7% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Malaysia in 2022:
- Singapore (28.2 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Malaysia.
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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 Malaysia.
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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 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...
773
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...
1349
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...
773
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...
