Chlorides; of Magnesium Price in Hong Kong SAR - 2023
Contents:
- Chlorides; of Magnesium Price in Hong Kong SAR (CIF) - 2022
- Chlorides; of Magnesium Price in Hong Kong SAR (FOB) - 2022
- Chlorides; of Magnesium Imports in Hong Kong SAR
- Chlorides; of Magnesium Exports in Hong Kong SAR
Chlorides; of Magnesium Price in Hong Kong SAR (CIF) - 2022
The average chlorides; of magnesium import price stood at $697 per ton in 2022, rising by 14% against the previous year. In general, the import price recorded strong growth. The growth pace was the most rapid in 2020 an increase of 91% against the previous year. As a result, import price reached the peak level of $736 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,561 per ton), while the price for China amounted to $552 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.1%), while the prices for the other major suppliers experienced a decline.
Chlorides; of Magnesium Price in Hong Kong SAR (FOB) - 2022
The average chlorides; of magnesium export price stood at $949 per ton in 2022, growing by 94% against the previous year. Overall, the export price continues to indicate a pronounced expansion. The export price peaked at $1,217 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($1,152 per ton), while the average price for exports to China amounted to $638 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+60.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Imports in Hong Kong SAR
In 2022, the amount of chlorides; of magnesia imported into Hong Kong SAR rose significantly to 32 tons, surging by 9.1% compared with 2021 figures. In general, imports, however, saw a deep slump. The pace of growth appeared the most rapid in 2020 when imports increased by 64%. As a result, imports attained the peak of 81 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, chlorides; of magnesium imports surged to $22K in 2022. Over the period under review, imports saw prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 214% against the previous year. As a result, imports reached the peak of $59K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Chlorides; of Magnesium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.8 | 55.0 | 15.4 | 14.9 | 24.1% |
| Germany | N/A | N/A | 2.3 | 7.1 | 208.7% |
| Israel | 9.4 | 4.5 | N/A | N/A | -52.1% |
| Others | 1.7 | N/A | N/A | N/A | 0% |
| Total | 19.0 | 59.5 | 17.7 | 22.1 | 5.2% |
Top Suppliers of Chlorides; of Magnesium to Hong Kong SAR in 2022:
- China (27.1 tons)
- Germany (4.6 tons)
Chlorides; of Magnesium Exports in Hong Kong SAR
In 2022, exports of chlorides; of magnesia from Hong Kong SAR dropped to 7.6 tons, with a decrease of -11.6% against 2021. Overall, exports saw a sharp contraction. The pace of growth was the most pronounced in 2021 when exports increased by 13% against the previous year.
In value terms, chlorides; of magnesium exports surged to $7.2K in 2022. Over the period under review, exports continue to indicate a sharp descent.
| Export of Chlorides; of Magnesium in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | N/A | N/A | N/A | 5.3 | 0% |
| China | 13.8 | 3.7 | 4.2 | 1.9 | -48.4% |
| Germany | 9.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 23.4 | 3.7 | 4.2 | 7.2 | -32.5% |
Top Export Markets for Chlorides; of Magnesium from Hong Kong SAR in 2022:
- Vietnam (4.6 tons)
- China (3.0 tons)
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The price of chlorides was $162 per ton (CIF, Hong Kong, China) in January 2023 - a 54% increase from the previous month.
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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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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...
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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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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...
