Chlorides; of Magnesium Price in Egypt - 2023
Contents:
- Chlorides; of Magnesium Price in Egypt (CIF) - 2022
- Chlorides; of Magnesium Price in Egypt (FOB) - 2022
- Chlorides; of Magnesium Imports in Egypt
- Chlorides; of Magnesium Exports in Egypt
Chlorides; of Magnesium Price in Egypt (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $850 per ton, rising by 59% against the previous year. In general, the import price continues to indicate a slight expansion. The pace of growth was the most pronounced in 2014 an increase of 61%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($2,637 per ton), while the price for Italy ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in Egypt (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $560 per ton, surging by 2.6% against the previous year. Over the period under review, the export price, however, saw a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 65%. As a result, the export price reached the peak level of $864 per ton. From 2020 to 2022, the average export prices remained 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 Sudan ($1,215 per ton), while the average price for exports to the United States totaled $508 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+4.5%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Imports in Egypt
In 2022, approx. 416 tons of chlorides; of magnesia were imported into Egypt; waning by -19% on the year before. Overall, imports showed a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 38%.
In value terms, chlorides; of magnesium imports surged to $354K in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +12.7% 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 +79.7% 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 attained the maximum in 2022 and are expected to retain growth in the near future.
| Import of Chlorides; of Magnesium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 102 | 60.5 | 64.5 | 142 | 11.7% |
| Germany | 46.2 | 45.2 | 54.9 | 74.8 | 17.4% |
| Netherlands | 5.9 | 10.5 | 18.4 | 60.4 | 117.1% |
| India | 10.6 | 12.7 | 19.0 | 32.8 | 45.7% |
| Czech Republic | 34.7 | 36.6 | 8.1 | 27.4 | -7.6% |
| Italy | 19.9 | 5.5 | 3.2 | 9.0 | -23.2% |
| Israel | 2.0 | 1.8 | 10.1 | 6.9 | 51.1% |
| Austria | 15.6 | 15.6 | 21.4 | N/A | 17.1% |
| Turkey | 6.5 | 5.9 | 7.3 | N/A | 6.0% |
| Others | 3.7 | 2.4 | 68.3 | N/A | 329.6% |
| Total | 247 | 197 | 275 | 354 | 12.7% |
Top Suppliers of Chlorides; of Magnesium to Egypt in 2022:
- China (213.2 tons)
- Netherlands (90.6 tons)
- India (49.2 tons)
- Germany (28.4 tons)
- Italy (13.4 tons)
- Czech Republic (10.9 tons)
- Israel (10.3 tons)
Chlorides; of Magnesium Exports in Egypt
After three years of growth, shipments abroad of chlorides; of magnesia decreased by -25% to 16 tons in 2022. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 971%.
In value terms, chlorides; of magnesium exports declined markedly to $8.7K in 2022. Over the period under review, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 606%.
| Export of Chlorides; of Magnesium in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 7.8 | 0% |
| Sudan | 0.9 | 6.1 | 1.1 | 0.3 | -30.7% |
| Netherlands | N/A | N/A | 4.8 | N/A | 0% |
| Others | N/A | N/A | 5.4 | 0.6 | -88.9% |
| Total | 0.9 | 6.1 | 11.3 | 8.7 | 113.0% |
Top Export Markets for Chlorides; of Magnesium from Egypt in 2022:
- United States (15.4 tons)
- Sudan (0.2 tons)
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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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