Chlorides; of Magnesium Price in Russia - 2022

Contents:

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

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

In 2022, the average chlorides; of magnesium import price amounted to $1,706 per ton, with a decrease of -41.9% against the previous year. In general, the import price saw a slight setback. The growth pace was the most rapid in 2014 an increase of 115% against the previous year. The import price peaked at $5,469 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat 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 France ($4,658 per ton), while the price for China ($1,058 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average chlorides; of magnesium export price amounted to $474 per ton, rising by 2.8% against the previous year. Overall, the export price, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2013 an increase of 73%. As a result, the export price attained the peak level of $2,425 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Ukraine ($607 per ton), while the average price for exports to Kazakhstan totaled $468 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Magnesium Imports in Russia

In 2022, approx. 2.2K tons of chlorides; of magnesia were imported into Russia; picking up by 54% against 2021. Over the period under review, imports, however, recorded a precipitous decline.

In value terms, chlorides; of magnesium imports shrank to $3.7M in 2022. Overall, imports, however, saw a dramatic downturn. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year.

Import of Chlorides; of Magnesium in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.20.40.51.7-19.0%
France6.82.33.01.0-47.2%
Czech Republic0.20.10.10.644.2%
LithuaniaN/AN/AN/A0.20%
Germany0.60.30.40.2-30.7%
Others0.10.10.1N/A0.0%
Total10.93.24.13.7-30.2%

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

  1. China (1581.0 tons)
  2. Czech Republic (248.7 tons)
  3. France (213.9 tons)
  4. Germany (62.7 tons)
  5. Lithuania (49.1 tons)

Chlorides; of Magnesium Exports in Russia

In 2022, exports of chlorides; of magnesia from Russia shrank to 550 tons, with a decrease of -10.2% compared with the previous year's figure. Over the period under review, exports faced a abrupt slump. The growth pace was the most rapid in 2021 when exports increased by 25%.

In value terms, chlorides; of magnesium exports declined to $260K in 2022. In general, exports faced a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 18%.

Export of Chlorides; of Magnesium in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan327183217247-8.9%
Ukraine11.10.123.513.67.0%
Czech Republic42.9N/AN/AN/A0%
Belarus66.451.829.5N/A-33.3%
Others44.93.511.5N/A-49.4%
Total493239282260-19.2%

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

  1. Kazakhstan (527.1 tons)
  2. Ukraine (22.4 tons)

Source: IndexBox Market Intelligence Platform

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