Price for Hydroxide and Peroxide of Magnesium in Iran - 2021

Contents:

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

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $9,909 per ton, surging by 90% against the previous year. In general, the import price posted a remarkable increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 196% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($34,783 per ton), while the price for France ($482 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+286.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Hydroxide and Peroxide of Magnesium in Iran

After three years of growth, supplies from abroad of hydroxide and peroxide of magnesia decreased by -91.7% to 45 tons in 2022. Overall, imports, however, saw a tangible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 364% against the previous year.

In value terms, hydroxide and peroxide of magnesium imports contracted markedly to $449K in 2022. In general, imports, however, recorded buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 256% against the previous year.

Import of Hydroxide and Peroxide of Magnesium in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India1887831,2541961.4%
China11.8242593149132.9%
United Arab Emirates2.524.819141.3154.7%
South Korea5.762.213831.376.4%
France0.611.223.04.9101.4%
BulgariaN/AN/A42.2N/A0%
Hong Kong SARN/AN/A186N/A0%
Russia57.7N/AN/AN/A0%
Others74.287.639927.6-28.1%
Total3411,2112,8284499.6%

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

  1. China (19.1 tons)
  2. France (10.1 tons)
  3. India (5.6 tons)
  4. South Korea (5.3 tons)
  5. United Arab Emirates (4.1 tons)

Source: IndexBox Market Intelligence Platform

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