Price for Hydroxide and Peroxide of Magnesium in Ukraine - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Ukraine (CIF) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Ukraine
Price for Hydroxide and Peroxide of Magnesium in Ukraine (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,115 per ton, increasing by 38% against the previous year. Over the period under review, the import price showed a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 Israel ($13,356 per ton), while the price for Russia ($712 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+1.7%), while the prices for the other major suppliers experienced a decline.
Imports of Hydroxide and Peroxide of Magnesium in Ukraine
Hydroxide and peroxide of magnesium imports into Ukraine fell rapidly to 325 tons in 2022, dropping by -80.8% on the year before. In general, imports showed a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 8.1%.
In value terms, hydroxide and peroxide of magnesium imports dropped notably to $362K in 2022. Over the period under review, imports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2021 when imports increased by 32%. As a result, imports attained the peak of $1.4M, and then dropped notably in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Ukraine (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1,190 | 967 | 1,010 | 208 | -44.1% |
| Israel | 47.8 | 17.5 | 1.8 | 101 | 28.3% |
| Italy | 8.8 | 10.2 | 10.3 | 17.4 | 25.5% |
| Belarus | N/A | N/A | 93.0 | N/A | 0% |
| Others | 28.5 | 43.1 | 251 | 35.8 | 7.9% |
| Total | 1,275 | 1,037 | 1,366 | 362 | -34.3% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Ukraine in 2022:
- Russia (292.6 tons)
- Italy (20.1 tons)
- Israel (7.5 tons)
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