Price for Hydroxide and Peroxide of Magnesium in Peru - 2021

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $2,999 per ton, almost unchanged from the previous year. In general, the import price, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2020 an increase of 29%. The import price peaked at $4,543 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Colombia ($5,803 per ton), while the price for the Netherlands ($1,617 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+11.0%), while the prices for the other major suppliers experienced a decline.

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

The average export price for hydroxide and peroxide of magnesia stood at $3,628 per ton in 2022, which is down by -64.2% against the previous year. Over the period under review, the export price continues to indicate a mild downturn. The pace of growth appeared the most rapid in 2020 when the average export price increased by 64% against the previous year. Over the period under review, the average export prices hit record highs at $10,124 per ton in 2021, and then fell sharply in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to -3.1% per year.

Imports of Hydroxide and Peroxide of Magnesium in Peru

In 2022, imports of hydroxide and peroxide of magnesia into Peru fell remarkably to 90 tons, which is down by -32.2% against the previous year's figure. In general, imports showed a noticeable downturn. The pace of growth appeared the most rapid in 2021 with an increase of 198% against the previous year. As a result, imports attained the peak of 133 tons, and then shrank notably in the following year.

In value terms, hydroxide and peroxide of magnesium imports dropped sharply to $269K in 2022. Over the period under review, imports, however, recorded a tangible expansion. The pace of growth appeared the most rapid in 2021 with an increase of 178%. As a result, imports attained the peak of $396K, and then shrank notably in the following year.

Import of Hydroxide and Peroxide of Magnesium in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States181123264109-15.6%
Colombia18.64.057.576.460.1%
China42.010.810.535.6-5.4%
Netherlands3.63.625.934.4112.2%
United Kingdom1.6N/A7.49.983.6%
Others5.71.331.14.4-8.3%
Total2521433962692.2%

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

  1. United States (35.6 tons)
  2. Netherlands (21.3 tons)
  3. China (13.5 tons)
  4. Colombia (13.2 tons)
  5. United Kingdom (5.4 tons)

Exports of Hydroxide and Peroxide of Magnesium in Peru

Hydroxide and peroxide of magnesium exports from Peru surged to 398 kg in 2022, rising by 83% compared with 2021. Over the period under review, exports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 171%.

In value terms, hydroxide and peroxide of magnesium exports fell sharply to $1.4K in 2022. Overall, exports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when exports increased by 219% against the previous year.

Export of Hydroxide and Peroxide of Magnesium in Peru (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bolivia15.01221141,443358.2%
EcuadorN/A5672,083N/A267.4%
Dominican Republic2,285N/AN/AN/A0%
Others335N/AN/AN/A0%
Total2,6356892,1971,443-18.2%

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

  1. Bolivia (398.0 kg)

Source: IndexBox Market Intelligence Platform

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