Price for Hydroxide and Peroxide of Magnesium in Costa Rica - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Costa Rica (CIF) - 2022
  2. Imports of Hydroxide and Peroxide of Magnesium in Costa Rica

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

The average import price for hydroxide and peroxide of magnesia stood at $7,501 per ton in 2022, almost unchanged from the previous year. In general, the import price continues to indicate a temperate expansion. The pace of growth was the most pronounced in 2018 an increase of 81% against the previous year. Over the period under review, average import prices hit record highs at $7,804 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,523 per ton), while the price for China totaled $7,110 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+21.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Hydroxide and Peroxide of Magnesium in Costa Rica

In 2022, approx. 22 tons of hydroxide and peroxide of magnesia were imported into Costa Rica; waning by -19.6% against the previous year's figure. Over the period under review, imports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 162%. As a result, imports reached the peak of 28 tons, and then dropped sharply in the following year.

In value terms, hydroxide and peroxide of magnesium imports fell dramatically to $167K in 2022. Overall, imports, however, posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 176% against the previous year. As a result, imports attained the peak of $204K, and then fell rapidly in the following year.

Import of Hydroxide and Peroxide of Magnesium in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States10372.51641318.3%
China0.40.30.132.8334.4%
BrazilN/AN/A35.0N/A0%
Others1.71.14.62.615.2%
Total10574.020416716.7%

Top Suppliers of Hydroxide and Peroxide of Magnesium to Costa Rica in 2022:

  1. United States (17.4 tons)
  2. China (4.6 tons)

Source: IndexBox Market Intelligence Platform

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