Price for Hydroxide and Peroxide of Magnesium in Argentina - 2023

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Argentina (CIF) - 2022
  2. Price for Hydroxide and Peroxide of Magnesium in Argentina (FOB) - 2022
  3. Imports of Hydroxide and Peroxide of Magnesium in Argentina
  4. Exports of Hydroxide and Peroxide of Magnesium in Argentina

Price for Hydroxide and Peroxide of Magnesium in Argentina (CIF) - 2022

The average import price for hydroxide and peroxide of magnesia stood at $758 per ton in 2022, with a decrease of -33.3% against the previous year. Over the period under review, the import price saw a deep contraction. The growth pace was the most rapid in 2016 when the average import price increased by 89% against the previous year. The import price peaked at $1,818 per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($3,751 per ton), while the price for Mexico ($239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Hydroxide and Peroxide of Magnesium in Argentina (FOB) - 2022

In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $1,918 per ton, surging by 13% against the previous year. Overall, the export price saw a prominent expansion. The growth pace was the most rapid in 2020 an increase of 28%. As a result, the export price reached the peak level of $2,213 per ton. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2015 to 2022, the rate of growth in terms of prices for Paraguay amounted to +3.7% per year.

Imports of Hydroxide and Peroxide of Magnesium in Argentina

In 2022, hydroxide and peroxide of magnesium imports into Argentina soared to 442 tons, increasing by 184% on 2021 figures. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $335K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico26.712.039.959.530.6%
Germany7.08.722.353.597.0%
Singapore41.651.212.853.08.4%
India31.719.433.449.816.2%
France19.419.319.429.114.5%
Israel9.06.518.727.945.8%
Others7.88.430.362.6100.2%
Total14312517733532.8%

Top Suppliers of Hydroxide and Peroxide of Magnesium to Argentina in 2022:

  1. Mexico (248.7 tons)
  2. Singapore (50.7 tons)
  3. Germany (43.1 tons)
  4. Israel (18.2 tons)
  5. India (16.5 tons)
  6. France (7.8 tons)

Exports of Hydroxide and Peroxide of Magnesium in Argentina

In 2022, the amount of hydroxide and peroxide of magnesia exported from Argentina reduced to 318 kg, waning by -13.6% against 2021. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 37% against the previous year.

In value terms, hydroxide and peroxide of magnesium exports reduced modestly to $610 in 2022. Over the period under review, exports saw a deep downturn. The growth pace was the most rapid in 2021 with an increase of 5.6% against the previous year.

Export of Hydroxide and Peroxide of Magnesium in Argentina (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Paraguay713593597610-5.1%
OthersN/AN/A29.0N/A0%
Total713593626610-5.1%

Top Export Markets for Hydroxide and Peroxide of Magnesium from Argentina in 2022:

  1. Paraguay (318.0 kg)

Source: IndexBox Market Intelligence Platform

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