Chlorides; of Magnesium Price in Oman - 2021
Contents:
- Chlorides; of Magnesium Price in Oman (CIF) - 2022
- Chlorides; of Magnesium Price in Oman (FOB) - 2022
- Chlorides; of Magnesium Imports in Oman
- Chlorides; of Magnesium Exports in Oman
Chlorides; of Magnesium Price in Oman (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $1,751 per ton, with a decrease of -46.3% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2015 an increase of 89% against the previous year. As a result, import price attained the peak level of $10,759 per ton. From 2016 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 the Netherlands ($6,388 per ton), while the price for Qatar ($526 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Magnesium Price in Oman (FOB) - 2022
The average chlorides; of magnesium export price stood at $545 per ton in 2021, with a decrease of -19.3% against the previous year. Overall, the export price recorded a significant contraction. The export price peaked at $2,443 per ton in 2015; however, from 2016 to 2021, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Yemen.
From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.
Chlorides; of Magnesium Imports in Oman
For the fourth consecutive year, Oman recorded growth in overseas purchases of chlorides; of magnesia, which increased by 69% to 55 tons in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 774% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, chlorides; of magnesium imports contracted to $96K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 409% against the previous year.
| Import of Chlorides; of Magnesium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 9.2 | 18.3 | 87.7 | 61.5 | 88.4% |
| Qatar | N/A | 47.0 | N/A | 12.0 | -49.5% |
| Turkey | N/A | N/A | N/A | 11.3 | 0% |
| United Kingdom | 2.7 | 4.4 | 5.7 | 4.8 | 21.1% |
| Netherlands | 1.9 | 2.7 | 3.0 | 2.1 | 3.4% |
| China | N/A | 9.4 | N/A | N/A | 0% |
| Others | 3.2 | 4.7 | 9.7 | 4.7 | 13.7% |
| Total | 17.0 | 86.4 | 106 | 96.3 | 78.3% |
Top Suppliers of Chlorides; of Magnesium to Oman in 2022:
- United Arab Emirates (25.1 tons)
- Qatar (22.7 tons)
- Turkey (5.3 tons)
- United Kingdom (1.1 tons)
- Netherlands (0.3 tons)
Chlorides; of Magnesium Exports in Oman
In 2021, the amount of chlorides; of magnesia exported from Oman declined notably to 27 tons, dropping by -70.5% against the previous year's figure. Overall, exports recorded a sharp decline.
In value terms, chlorides; of magnesium exports dropped markedly to $15K in 2021. Over the period under review, exports saw a dramatic shrinkage.
| Export of Chlorides; of Magnesium in Oman (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | CAGR, 2020-2021 | ||
| Yemen | N/A | 14.8 | 0% | ||
| United Arab Emirates | 62.2 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 62.2 | 14.8 | -76.2% | ||
Top Export Markets for Chlorides; of Magnesium from Oman in 2022:
- Yemen (27.2 tons)
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