Price for Hydroxide and Peroxide of Magnesium in Uruguay - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Uruguay (CIF) - 2022
  2. Imports of Hydroxide and Peroxide of Magnesium in Uruguay

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

The average import price for hydroxide and peroxide of magnesia stood at $5,365 per ton in 2022, with an increase of 43% against the previous year. Over the period under review, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.5% 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 +48.5% against 2018 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +5.5% per year.

Imports of Hydroxide and Peroxide of Magnesium in Uruguay

In 2022, the amount of hydroxide and peroxide of magnesia imported into Uruguay fell to 12 tons, approximately reflecting 2021. In general, imports, however, enjoyed noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 191% against the previous year. As a result, imports attained the peak of 12 tons, leveling off in the following year.

In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $63K in 2022. Over the period under review, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 221% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

Import of Hydroxide and Peroxide of Magnesium in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany34.413.743.662.722.2%
OthersN/AN/A0.50.1-80.0%
Total34.413.844.262.822.2%

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

  1. Germany (11.7 tons)

Source: IndexBox Market Intelligence Platform

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