Chlorides; of Magnesium Price in Uruguay - 2022

Contents:

  1. Chlorides; of Magnesium Price in Uruguay (CIF) - 2022
  2. Chlorides; of Magnesium Imports in Uruguay

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

In 2022, the average chlorides; of magnesium import price amounted to $9,054 per ton, picking up by 179% against the previous year. Over the period under review, the import price showed a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Israel ($16,109 per ton), while the price for China ($507 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+17.4%), while the prices for the other major suppliers experienced a decline.

Chlorides; of Magnesium Imports in Uruguay

Chlorides; of magnesium imports into Uruguay dropped markedly to 9.3 tons in 2022, shrinking by -54.1% compared with the previous year. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 100%. As a result, imports attained the peak of 20 tons, and then reduced dramatically in the following year.

In value terms, chlorides; of magnesium imports surged to $84K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.2% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Chlorides; of Magnesium in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic29.140.933.253.422.4%
IsraelN/AN/AN/A16.10%
Germany4.24.32.914.250.1%
Hungary6.2N/AN/AN/A0%
China3.63.91.4N/A-37.6%
Brazil1.71.11.3N/A-12.6%
Others1.31.626.80.3-38.7%
Total46.151.865.684.122.2%

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

  1. Czech Republic (6.8 tons)
  2. Germany (1.4 tons)
  3. Israel (1.0 tons)
  4. China (0.1 tons)

Source: IndexBox Market Intelligence Platform

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