Chlorides; of Magnesium Price in Argentina - 2023
Contents:
- Chlorides; of Magnesium Price in Argentina (CIF) - 2022
- Chlorides; of Magnesium Price in Argentina (FOB) - 2022
- Chlorides; of Magnesium Imports in Argentina
- Chlorides; of Magnesium Exports in Argentina
Chlorides; of Magnesium Price in Argentina (CIF) - 2022
The average chlorides; of magnesium import price stood at $410 per ton in 2022, declining by -22.4% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 19%. Over the period under review, average import prices reached the maximum at $705 per ton in 2012; however, from 2013 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 the Czech Republic ($2,363 per ton), while the price for the Netherlands ($200 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Israel (+4.8%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Price in Argentina (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $3,974 per ton, with an increase of 35% against the previous year. In general, the export price showed a remarkable increase. The pace of growth was the most pronounced in 2015 an increase of 176%. The export price peaked at $9,056 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($4,442 per ton), while the average price for exports to Bolivia ($374 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+2.7%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Imports in Argentina
In 2022, approx. 1.5K tons of chlorides; of magnesia were imported into Argentina; increasing by 92% compared with the previous year's figure. Overall, imports showed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports soared to $619K in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 increased by +52.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Chlorides; of Magnesium in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 48.9 | 103 | 43.4 | 167 | 50.6% |
| Czech Republic | 143 | 129 | 91.9 | 97.0 | -12.1% |
| Netherlands | 68.6 | 16.6 | 60.3 | 75.9 | 3.4% |
| China | 42.6 | 23.7 | 3.2 | 32.7 | -8.4% |
| Germany | 89.8 | 73.6 | 38.7 | 19.2 | -40.2% |
| Others | 34.8 | 60.1 | 177 | 228 | 87.1% |
| Total | 427 | 406 | 415 | 619 | 13.2% |
Top Suppliers of Chlorides; of Magnesium to Argentina in 2022:
- Netherlands (379.9 tons)
- Israel (376.4 tons)
- China (145.7 tons)
- Germany (47.9 tons)
- Czech Republic (41.1 tons)
Chlorides; of Magnesium Exports in Argentina
In 2022, the amount of chlorides; of magnesia exported from Argentina shrank notably to 186 kg, reducing by -50% compared with the previous year. In general, exports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 338% against the previous year. As a result, the exports attained the peak of 372 kg, and then contracted rapidly in the following year.
In value terms, chlorides; of magnesium exports fell rapidly to $738 in 2022. Over the period under review, exports, however, continue to indicate notable growth. The pace of growth appeared the most rapid in 2021 when exports increased by 191% against the previous year. As a result, the exports reached the peak of $1.1K, and then plummeted in the following year.
| Export of Chlorides; of Magnesium in Argentina (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Paraguay | 209 | 115 | 868 | 707 | 50.1% |
| Chile | 445 | 243 | 167 | 23.0 | -62.8% |
| Bolivia | 12.0 | 15.0 | 42.0 | 7.0 | -16.4% |
| Others | 4.0 | 4.0 | 21.0 | 1.0 | -37.0% |
| Total | 670 | 377 | 1,098 | 738 | 3.3% |
Top Export Markets for Chlorides; of Magnesium from Argentina in 2022:
- Paraguay (159.0 kg)
- Bolivia (18.0 kg)
- Chile (8.0 kg)
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In value terms, chlorides, chloride oxides and hydroxides imports stood at $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; however...
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