Chlorides; of Magnesium Price in Brazil - 2023
Contents:
- Chlorides; of Magnesium Price in Brazil (CIF) - 2022
- Chlorides; of Magnesium Price in Brazil (FOB) - 2022
- Chlorides; of Magnesium Imports in Brazil
- Chlorides; of Magnesium Exports in Brazil
Chlorides; of Magnesium Price in Brazil (CIF) - 2022
The average chlorides; of magnesium import price stood at $728 per ton in 2022, increasing by 31% against the previous year. Overall, the import price, however, showed a abrupt curtailment. The import price peaked at $1,686 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
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 Germany ($3,155 per ton), while the price for the United States ($427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in Brazil (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $2,477 per ton, falling by -24.6% against the previous year. Over the period under review, the export price recorded a noticeable shrinkage. The growth pace was the most rapid in 2013 an increase of 164% against the previous year. Over the period under review, the average export prices attained the peak figure at $12,749 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($3,650 per ton), while the average price for exports to Bolivia ($1,417 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 Paraguay (+5.6%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Imports in Brazil
In 2022, approx. 1.2K tons of chlorides; of magnesia were imported into Brazil; growing by 28% compared with the previous year. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.0% 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 +79.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, chlorides; of magnesium imports skyrocketed to $880K in 2022. Overall, imports continue to indicate a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Chlorides; of Magnesium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 226 | 92.3 | 143 | 336 | 14.1% |
| Czech Republic | 9.1 | 71.0 | 154 | 268 | 208.8% |
| China | 128 | 159 | 85.8 | 144 | 4.0% |
| Germany | 94.0 | 20.8 | 28.5 | 70.9 | -9.0% |
| Israel | 14.6 | 14.4 | 30.1 | 46.8 | 47.4% |
| India | 85.8 | N/A | 81.2 | 8.3 | -54.1% |
| Others | 4.7 | 9.1 | 1.8 | 5.5 | 5.4% |
| Total | 562 | 367 | 525 | 880 | 16.1% |
Top Suppliers of Chlorides; of Magnesium to Brazil in 2022:
- United States (786.7 tons)
- China (193.7 tons)
- Israel (100.0 tons)
- Czech Republic (97.8 tons)
- Germany (22.5 tons)
- India (6.9 tons)
Chlorides; of Magnesium Exports in Brazil
In 2022, the amount of chlorides; of magnesia exported from Brazil soared to 4 tons, picking up by 25% against the previous year's figure. The total export volume increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 27%. As a result, the exports reached the peak of 4.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, chlorides; of magnesium exports declined to $10K in 2022. Over the period under review, exports saw a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 73% against the previous year. As a result, the exports attained the peak of $11K, and then contracted in the following year.
| Export of Chlorides; of Magnesium in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 0.3 | 0.3 | 3.2 | 3.3 | 122.4% |
| Paraguay | 1.4 | N/A | N/A | 2.5 | 21.3% |
| Mexico | N/A | N/A | 1.4 | 1.5 | 7.1% |
| Colombia | N/A | N/A | 1.6 | 1.4 | -12.5% |
| Bolivia | 4.2 | 3.6 | 3.9 | 1.1 | -36.0% |
| United States | N/A | 0.7 | N/A | N/A | 0% |
| Uruguay | N/A | 1.3 | N/A | N/A | 0% |
| Others | 0.4 | 0.2 | 0.4 | 0.2 | -20.6% |
| Total | 6.1 | 6.1 | 10.6 | 10.0 | 17.9% |
Top Export Markets for Chlorides; of Magnesium from Brazil in 2022:
- Paraguay (1500.0 kg)
- Argentina (950.0 kg)
- Bolivia (770.0 kg)
- Mexico (400.0 kg)
- Colombia (400.0 kg)
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The most notable growth rate was observed in December 2022 with a month-on-month increase of 169% in imports. In terms of value, imports of Ammonium Chloride surged to $921K in October 2023.
1275
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...
990
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
274
The most notable growth rate was observed in December 2022 with a month-on-month increase of 169% in imports. In terms of value, imports of Ammonium Chloride surged to $921K in October 2023.
1275
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...
990
In value terms, chlorides, chloride oxides and hydroxides exports amounted to $X in 2016. Overall, it indicated a measured increase from 2007 to 2016: the total exports value increased at an averag...
