Price for Hydroxide and Peroxide of Magnesium in Oman - 2021
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Oman (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Oman (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Oman
- Exports of Hydroxide and Peroxide of Magnesium in Oman
Price for Hydroxide and Peroxide of Magnesium in Oman (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $4,674 per ton in 2022, falling by -13.9% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% 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 +18.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 38%. Over the period under review, average import prices hit record highs at $5,895 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Belgium ($22,534 per ton), while the price for India ($2,890 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+29.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Hydroxide and Peroxide of Magnesium in Oman (FOB) - 2022
In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $116 per ton, growing by 12% against the previous year. In general, the export price, however, recorded a dramatic descent. Over the period under review, the average export prices reached the maximum at $2,991 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.
From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to -27.7% per year.
Imports of Hydroxide and Peroxide of Magnesium in Oman
In 2022, hydroxide and peroxide of magnesium imports into Oman expanded to 5.5 tons, increasing by 1.7% compared with 2021 figures. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 58% against the previous year. As a result, imports reached the peak of 5.6 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hydroxide and peroxide of magnesium imports declined to $26K in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.1% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 42% against the previous year.
| Import of Hydroxide and Peroxide of Magnesium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 8.5 | 10.2 | 16.2 | 13.0 | 15.2% |
| United Arab Emirates | 4.8 | 6.2 | 6.8 | 5.2 | 2.7% |
| Germany | 1.1 | 2.9 | 3.2 | 2.5 | 31.5% |
| India | 1.2 | 2.8 | 3.1 | 2.4 | 26.0% |
| Others | 0.1 | N/A | 0.1 | 2.7 | 200.0% |
| Total | 15.6 | 22.1 | 29.5 | 25.8 | 18.3% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Oman in 2022:
- United States (2.3 tons)
- United Arab Emirates (1.2 tons)
- India (0.8 tons)
- Germany (0.6 tons)
Exports of Hydroxide and Peroxide of Magnesium in Oman
In 2022, after three years of growth, there was significant decline in shipments abroad of hydroxide and peroxide of magnesia, when their volume decreased by -6.5% to 38 tons. The total export volume increased at an average annual rate of +7.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 15%. As a result, the exports attained the peak of 41 tons, and then contracted in the following year.
In value terms, hydroxide and peroxide of magnesium exports reached $4.5K in 2022. In general, exports showed a pronounced decline.
| Export of Hydroxide and Peroxide of Magnesium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 5.0 | 4.6 | 4.3 | 4.5 | -3.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.0 | 4.6 | 4.3 | 4.5 | -3.5% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Oman in 2022:
- United Arab Emirates (38.4 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Oman.
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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 Oman.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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