Chlorides; of Magnesium Price in Denmark - 2023

Contents:

  1. Chlorides; of Magnesium Price in Denmark (CIF) - 2022
  2. Chlorides; of Magnesium Price in Denmark (FOB) - 2022
  3. Chlorides; of Magnesium Imports in Denmark
  4. Chlorides; of Magnesium Exports in Denmark

Chlorides; of Magnesium Price in Denmark (CIF) - 2022

In 2022, the average chlorides; of magnesium import price amounted to $344 per ton, dropping by -23.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 62%. As a result, import price attained the peak level of $642 per ton. From 2015 to 2022, the average import prices remained 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 the Czech Republic ($1,881 per ton), while the price for Germany ($263 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Magnesium Price in Denmark (FOB) - 2022

The average chlorides; of magnesium export price stood at $753 per ton in 2022, surging by 35% against the previous year. Over the period under review, the export price, however, recorded a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 72%. Over the period under review, the average export prices reached the peak figure at $1,538 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($1,820 per ton), while the average price for exports to Greenland ($599 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 the UK (+3.0%), while the prices for the other major destinations experienced mixed trend patterns.

Chlorides; of Magnesium Imports in Denmark

In 2022, overseas purchases of chlorides; of magnesia were finally on the rise to reach 2.7K tons after two years of decline. Over the period under review, imports posted strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of magnesium imports surged to $920K in 2022. Overall, imports showed a tangible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Magnesium in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden31.40.17.8297111.5%
Germany77.337.153.616729.3%
Czech Republic1471281051541.6%
Israel32053.743.8149-22.5%
Netherlands11646.236.774.6-13.7%
Belgium15115553.549.4-31.1%
Others20.312.224.929.012.6%
Total8634323269202.2%

Top Suppliers of Chlorides; of Magnesium to Denmark in 2022:

  1. Sweden (1083.6 tons)
  2. Germany (634.7 tons)
  3. Israel (455.3 tons)
  4. Netherlands (282.6 tons)
  5. Belgium (97.5 tons)
  6. Czech Republic (81.7 tons)

Chlorides; of Magnesium Exports in Denmark

In 2022, after two years of decline, there was significant growth in shipments abroad of chlorides; of magnesia, when their volume increased by 166% to 180 tons. Overall, exports, however, saw a precipitous curtailment.

In value terms, chlorides; of magnesium exports skyrocketed to $136K in 2022. In general, exports, however, saw a sharp decrease.

Export of Chlorides; of Magnesium in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway32857.333.9106-31.4%
Greenland5.1N/AN/A14.441.3%
Sweden0.13.14.012.0393.2%
Brazil5.3N/AN/AN/A0%
OthersN/A1.9N/A3.127.7%
Total33862.338.0136-26.2%

Top Export Markets for Chlorides; of Magnesium from Denmark in 2022:

  1. Norway (149.3 tons)
  2. Greenland (24.0 tons)
  3. Sweden (6.6 tons)

Source: IndexBox Market Intelligence Platform

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