Price for Hydroxide and Peroxide of Magnesium in the Netherlands - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in the Netherlands (FOB) - 2023
- Price for Hydroxide and Peroxide of Magnesium in the Netherlands (CIF) - 2023
- Exports of Hydroxide and Peroxide of Magnesium in the Netherlands
- Imports of Hydroxide and Peroxide of Magnesium in the Netherlands
Price for Hydroxide and Peroxide of Magnesium in the Netherlands (FOB) - 2023
The average export price for hydroxide and peroxide of magnesia stood at $682 per ton in August 2023, with a decrease of -18.1% against the previous month. Overall, the export price continues to indicate a pronounced decrease. The growth pace was the most rapid in March 2023 when the average export price increased by 29% m-o-m. The export price peaked at $1,200 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($4,785 per ton), while the average price for exports to Singapore ($450 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Hydroxide and Peroxide of Magnesium in the Netherlands (CIF) - 2023
In August 2023, the average import price for hydroxide and peroxide of magnesia amounted to $921 per ton, which is down by -3.6% against the previous month. In general, the import price, however, posted a noticeable increase. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 95% m-o-m. Over the period under review, average import prices reached the peak figure at $1,143 per ton in November 2022; however, from December 2022 to August 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was China ($3,474 per ton), while the price for France ($531 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by China (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hydroxide and Peroxide of Magnesium in the Netherlands
In 2022, the amount of hydroxide and peroxide of magnesia exported from the Netherlands expanded rapidly to 53K tons, picking up by 7.1% against the previous year's figure. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 51%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, hydroxide and peroxide of magnesium exports soared to $44M in 2022. The total export value increased at an average annual rate of +15.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 24%. The exports peaked in 2022 and are likely to see steady growth in the near future.
| Export of Hydroxide and Peroxide of Magnesium in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 4.5 | 4.3 | 9.2 | 43.7% |
| France | 2.0 | 5.2 | 5.8 | 5.2 | 37.5% |
| Italy | 6.7 | 4.1 | 3.6 | 5.1 | -8.7% |
| Sweden | 1.2 | 0.7 | 3.0 | 3.8 | 46.8% |
| Singapore | 0.2 | 3.5 | 2.0 | 3.6 | 162.1% |
| Germany | 4.4 | 4.0 | 3.1 | 2.6 | -16.1% |
| Portugal | 0.9 | 0.1 | 0.1 | 2.3 | 36.7% |
| China | 0.7 | 0.7 | 1.4 | 2.0 | 41.9% |
| United Kingdom | 1.7 | 0.8 | 0.4 | 1.6 | -2.0% |
| Spain | 3.4 | 0.8 | 1.4 | N/A | -35.8% |
| Cyprus | 2.2 | 3.3 | N/A | N/A | 50.0% |
| Others | 2.3 | 8.2 | 10.5 | 8.4 | 54.0% |
| Total | 28.8 | 35.8 | 35.6 | 43.9 | 15.1% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from the Netherlands in 2022:
- Cyprus (undefinedK tons)
- Singapore (8.3K tons)
- France (7.6K tons)
- Sweden (4.8K tons)
- United States (4.6K tons)
- China (4.6K tons)
- Italy (3.9K tons)
- Portugal (3.1K tons)
- Germany (2.4K tons)
- United Kingdom (2.3K tons)
Imports of Hydroxide and Peroxide of Magnesium in the Netherlands
Hydroxide and peroxide of magnesium imports into the Netherlands skyrocketed to 11K tons in 2022, increasing by 128% compared with 2021 figures. In general, imports saw a significant expansion. 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 soared to $9M in 2022. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Hydroxide and Peroxide of Magnesium in the Netherlands (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | N/A | 377 | 673 | 3,087 | 186.2% |
| Germany | 1,273 | 1,540 | 1,565 | 1,732 | 10.8% |
| China | 673 | 711 | 113 | 1,479 | 30.0% |
| France | 719 | 873 | 575 | 1,089 | 14.8% |
| United States | N/A | 487 | 489 | 942 | 39.1% |
| Mexico | N/A | N/A | N/A | 403 | 0% |
| Others | 58.4 | 58.1 | 70.2 | 282 | 69.0% |
| Total | 2,723 | 4,046 | 3,486 | 9,013 | 49.0% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to the Netherlands in 2022:
- Germany (4.0K tons)
- France (2.6K tons)
- China (1.5K tons)
- Russia (1.5K tons)
- United States (1.0K tons)
- Mexico (0.3K tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in the Netherlands.
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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 the Netherlands.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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