Chlorides; of Magnesium Price in Germany - 2023
Contents:
- Chlorides; of Magnesium Price in Germany (FOB) - 2022
- Chlorides; of Magnesium Price in Germany (CIF) - 2022
- Chlorides; of Magnesium Exports in Germany
- Chlorides; of Magnesium Imports in Germany
Chlorides; of Magnesium Price in Germany (FOB) - 2022
The average chlorides; of magnesium export price stood at $218 per ton in 2022, picking up by 29% against the previous year. Over the period under review, the export price posted a strong expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 52%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
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 Italy ($340 per ton), while the average price for exports to Canada ($57 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 United States (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Price in Germany (CIF) - 2022
The average chlorides; of magnesium import price stood at $88 per ton in 2022, jumping by 20% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs 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 the Czech Republic ($1,540 per ton), while the price for the Netherlands ($38 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.0%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Exports in Germany
In 2022, shipments abroad of chlorides; of magnesia decreased by -31.1% to 82K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 37% against the previous year. As a result, the exports attained the peak of 169K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, chlorides; of magnesium exports shrank to $18M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 24% against the previous year.
| Export of Chlorides; of Magnesium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1.8 | 4.2 | 3.6 | 3.7 | 27.1% |
| Sweden | 2.1 | 2.4 | 2.7 | 2.9 | 11.4% |
| France | 1.2 | 1.8 | 1.4 | 1.3 | 2.7% |
| Poland | 1.0 | 0.8 | 1.4 | 1.1 | 3.2% |
| Norway | 0.3 | 0.6 | 0.6 | 0.8 | 38.7% |
| Italy | 0.9 | 0.6 | 0.8 | 0.7 | -8.0% |
| Belgium | 0.4 | 0.7 | 0.5 | 0.4 | 0.0% |
| Canada | 0.9 | 1.4 | 0.5 | 0.2 | -39.4% |
| Others | 6.5 | 6.2 | 8.6 | 6.9 | 2.0% |
| Total | 15.1 | 18.8 | 20.1 | 17.9 | 5.8% |
Top Export Markets for Chlorides; of Magnesium from Germany in 2022:
- United States (23.4K tons)
- Sweden (20.0K tons)
- France (8.3K tons)
- Poland (5.5K tons)
- Norway (5.1K tons)
- Canada (3.0K tons)
- Belgium (2.9K tons)
- Italy (2.1K tons)
Chlorides; of Magnesium Imports in Germany
In 2022, after three years of growth, there was significant decline in supplies from abroad of chlorides; of magnesia, when their volume decreased by -22% to 61K tons. The total import volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 25%.
In value terms, chlorides; of magnesium imports contracted to $5.3M in 2022. The total import value increased at an average annual rate of +2.6% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 9.9% against the previous year.
| Import of Chlorides; of Magnesium in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 1.9 | 2.5 | 2.9 | 2.1 | 3.4% |
| Czech Republic | 1.3 | 1.6 | 1.5 | 1.7 | 9.4% |
| Israel | 0.3 | 0.2 | 0.3 | 0.4 | 10.1% |
| Others | 1.5 | 1.2 | 1.0 | 1.0 | -12.6% |
| Total | 5.0 | 5.4 | 5.7 | 5.3 | 2.0% |
Top Suppliers of Chlorides; of Magnesium to Germany in 2022:
- Netherlands (55.9K tons)
- Israel (1.9K tons)
- Czech Republic (1.1K tons)
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