Chlorides; of Magnesium Price in Sweden - 2023
Contents:
- Chlorides; of Magnesium Price in Sweden (CIF) - 2022
- Chlorides; of Magnesium Price in Sweden (FOB) - 2022
- Chlorides; of Magnesium Imports in Sweden
- Chlorides; of Magnesium Exports in Sweden
Chlorides; of Magnesium Price in Sweden (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $201 per ton, growing by 6.9% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chlorides; of magnesium import price increased by +76.9% against 2015 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 20% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($275 per ton), while the price for Israel amounted to $198 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in Sweden (FOB) - 2022
The average chlorides; of magnesium export price stood at $333 per ton in 2022, jumping by 35% against the previous year. In general, the export price, however, recorded a perceptible shrinkage. The pace of growth was the most pronounced in 2014 an increase of 169% against the previous year. Over the period under review, the average export prices reached the peak figure at $1,025 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($768 per ton), while the average price for exports to Finland ($215 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 Finland (-0.5%), while the prices for the other major destinations experienced a decline.
Chlorides; of Magnesium Imports in Sweden
In 2022, approx. 24K tons of chlorides; of magnesia were imported into Sweden; increasing by 5.8% against 2021. In general, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 10%.
In value terms, chlorides; of magnesium imports rose notably to $4.8M in 2022. The total import value increased at an average annual rate of +7.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 32% 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 Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | 3.9 | 2.7 | 4.1 | 4.7 | 6.4% |
| Netherlands | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Others | N/A | 0.5 | 0.1 | 0.1 | -55.3% |
| Total | 3.9 | 3.2 | 4.3 | 4.8 | 7.2% |
Top Suppliers of Chlorides; of Magnesium to Sweden in 2022:
- Israel (23.5K tons)
- Netherlands (0.4K tons)
Chlorides; of Magnesium Exports in Sweden
In 2022, overseas shipments of chlorides; of magnesia decreased by -85.1% to 544 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 1,388%. As a result, the exports reached the peak of 7.9K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, chlorides; of magnesium exports contracted rapidly to $181K in 2022. Overall, exports recorded a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 433% against the previous year. As a result, the exports reached the peak of $1.5M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Chlorides; of Magnesium in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 250 | 187 | 133 | 79.6 | -31.7% |
| Finland | 3.1 | 1,277 | 740 | 64.0 | 174.3% |
| Denmark | 24.5 | 13.7 | 22.9 | 37.2 | 14.9% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 277 | 1,477 | 896 | 181 | -13.2% |
Top Export Markets for Chlorides; of Magnesium from Sweden in 2022:
- Finland (298.1 tons)
- Denmark (142.0 tons)
- Norway (103.7 tons)
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