Chlorides; of Magnesium Price in Israel - 2023
Contents:
- Chlorides; of Magnesium Price in Israel (FOB) - 2022
- Chlorides; of Magnesium Price in Israel (CIF) - 2022
- Chlorides; of Magnesium Exports in Israel
- Chlorides; of Magnesium Imports in Israel
Chlorides; of Magnesium Price in Israel (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $618 per ton, growing by 23% against the previous year. Over the period under review, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2020 an increase of 28% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($891 per ton), while the average price for exports to Finland ($53 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 Norway (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Price in Israel (CIF) - 2022
The average chlorides; of magnesium import price stood at $739 per ton in 2022, with a decrease of -27.5% against the previous year. In general, the import price recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2013 an increase of 92%. As a result, import price attained the peak level of $1,768 per ton. From 2014 to 2022, the average import prices failed to regain momentum.
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 India ($3,127 per ton), while the price for China ($667 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Exports in Israel
In 2022, overseas shipments of chlorides; of magnesia were finally on the rise to reach 61K tons after two years of decline. Overall, exports, however, showed a deep setback.
In value terms, chlorides; of magnesium exports skyrocketed to $38M in 2022. In general, total exports indicated a pronounced expansion from 2019 to 2022: its value increased at an average annual rate of +4.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.3% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chlorides; of Magnesium in Israel (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 15.0 | 10.8 | 11.4 | 14.7 | -0.7% |
| Kazakhstan | N/A | N/A | N/A | 4.2 | 0% |
| New Zealand | 1.4 | 1.6 | 1.4 | 3.0 | 28.9% |
| Russia | 6.1 | 3.9 | 1.4 | 2.8 | -22.9% |
| Sweden | 2.6 | 2.0 | 2.0 | 2.7 | 1.3% |
| Japan | 1.5 | 1.3 | 1.1 | 1.9 | 8.2% |
| Australia | 0.4 | 0.3 | 0.5 | 1.3 | 48.1% |
| Norway | 1.3 | 0.8 | 0.8 | 1.2 | -2.6% |
| Thailand | 1.3 | 1.2 | 0.8 | 1.1 | -5.4% |
| United Kingdom | 0.6 | 0.6 | 0.6 | 0.8 | 10.1% |
| Finland | 0.2 | 0.1 | 0.3 | 0.6 | 44.2% |
| Canada | 0.8 | 0.6 | 0.3 | 0.1 | -50.0% |
| Others | 2.2 | 2.0 | 7.7 | 3.6 | 17.8% |
| Total | 33.3 | 25.3 | 28.4 | 38.0 | 4.5% |
Top Export Markets for Chlorides; of Magnesium from Israel in 2022:
- United States (16.5K tons)
- Finland (10.8K tons)
- Sweden (9.2K tons)
- Kazakhstan (4.8K tons)
- New Zealand (3.3K tons)
- Russia (3.2K tons)
- Thailand (2.6K tons)
- Japan (2.1K tons)
- United Kingdom (1.9K tons)
- Australia (1.5K tons)
- Norway (1.3K tons)
- Canada (0.1K tons)
Chlorides; of Magnesium Imports in Israel
In 2022, approx. 484 tons of chlorides; of magnesia were imported into Israel; increasing by 56% on the previous year. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports rose remarkably to $358K in 2022. The total import value increased at an average annual rate of +9.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Chlorides; of Magnesium in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 178 | 147 | 213 | 228 | 8.6% |
| Germany | 29.7 | 29.9 | 37.0 | 44.0 | 14.0% |
| India | N/A | N/A | 0.2 | 37.0 | 18400.0% |
| Czech Republic | 31.7 | 28.9 | 26.8 | 35.0 | 3.4% |
| United States | 15.4 | 5.0 | 10.2 | 8.0 | -19.6% |
| Netherlands | 7.4 | 47.9 | 24.5 | 5.0 | -12.3% |
| Others | 7.3 | 7.7 | 4.9 | 1.0 | -48.5% |
| Total | 270 | 266 | 317 | 358 | 9.9% |
Top Suppliers of Chlorides; of Magnesium to Israel in 2022:
- China (341.9 tons)
- Germany (66.0 tons)
- Czech Republic (52.5 tons)
- India (11.8 tons)
- Netherlands (7.5 tons)
- United States (4.6 tons)
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