Chlorides; of Magnesium Price in Jordan - 2022

Contents:

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

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

The average chlorides; of magnesium import price stood at $228 per ton in 2022, waning by -49% against the previous year. In general, the import price saw a abrupt contraction. The pace of growth appeared the most rapid in 2017 an increase of 65%. As a result, import price attained the peak level of $740 per ton. From 2018 to 2022, the average import prices remained at a 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 Germany ($1,436 per ton), while the price for India ($95 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+46.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average chlorides; of magnesium export price amounted to $484 per ton, declining by -65% against the previous year. Overall, the export price continues to indicate a deep setback. Over the period under review, the average export prices attained the peak figure at $1,695 per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to 0.0% per year.

Chlorides; of Magnesium Imports in Jordan

In 2022, approx. 412 tons of chlorides; of magnesia were imported into Jordan; rising by 157% compared with the year before. Over the period under review, imports showed significant 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 $94K in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Magnesium in Jordan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1.52.23.928.4166.5%
China41.637.222.625.3-15.3%
Germany0.30.28.524.8335.6%
Netherlands13.210.82.315.35.0%
Czech Republic13.011.012.1N/A-3.5%
Italy5.11.26.0N/A8.5%
Others10.520.915.9N/A23.1%
Total85.283.471.493.83.3%

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

  1. India (299.0 tons)
  2. Netherlands (48.4 tons)
  3. China (30.1 tons)
  4. Germany (17.3 tons)

Chlorides; of Magnesium Exports in Jordan

In 2022, exports of chlorides; of magnesia from Jordan declined remarkably to less than 0.1 kg, waning by 99.9% compared with 2021. Overall, exports saw a precipitous descent. The smallest decline of -85.3% was in 2021.

In value terms, chlorides; of magnesium exports skyrocketed to $15K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Chlorides; of Magnesium in Jordan (USD)
COUNTRY20202021CAGR,
2020-2021
IndiaN/A30.00%
Canada584N/A0%
OthersN/AN/A0%
Total58430.0-94.9%

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

  1. India (62.0 kg)

Source: IndexBox Market Intelligence Platform

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