Price for Hydroxide and Peroxide of Magnesium in Luxembourg - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Luxembourg (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Luxembourg (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Luxembourg
- Exports of Hydroxide and Peroxide of Magnesium in Luxembourg
Price for Hydroxide and Peroxide of Magnesium in Luxembourg (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $4,254 per ton, dropping by -57.2% against the previous year. Overall, the import price, however, recorded perceptible growth. The most prominent rate of growth was recorded in 2014 an increase of 240% against the previous year. Over the period under review, average import prices reached the maximum at $9,932 per ton in 2021, and then fell rapidly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +34.8% per year.
Price for Hydroxide and Peroxide of Magnesium in Luxembourg (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $2,231 per ton in 2022, increasing by 5.6% against the previous year. In general, the export price, however, recorded a precipitous decline. Over the period under review, the average export prices hit record highs at $4,000 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2020 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +11,642.1% per year.
Imports of Hydroxide and Peroxide of Magnesium in Luxembourg
For the fourth year in a row, Luxembourg recorded growth in purchases abroad of hydroxide and peroxide of magnesia, which increased by 31% to 7.1 tons in 2022. In general, imports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 328% 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.
In value terms, hydroxide and peroxide of magnesium imports dropped dramatically to $30K in 2022. Over the period under review, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 874%. As a result, imports reached the peak of $54K, and then fell dramatically in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 1.1 | 3.2 | 7.2 | 29.9 | 200.7% |
| Germany | N/A | 1.2 | N/A | N/A | 0% |
| France | N/A | N/A | 8.1 | N/A | 0% |
| Italy | 0.1 | N/A | 38.7 | N/A | 1867.2% |
| Others | 0.8 | 1.2 | 0.1 | 0.3 | -27.9% |
| Total | 2.0 | 5.6 | 54.1 | 30.3 | 147.4% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Luxembourg in 2022:
- Belgium (7.1 tons)
Exports of Hydroxide and Peroxide of Magnesium in Luxembourg
In 2022, after two years of growth, there was significant decline in shipments abroad of hydroxide and peroxide of magnesia, when their volume decreased by -50% to 13 kg. Over the period under review, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 2,500%. As a result, the exports attained the peak of 26 kg, and then dropped markedly in the following year.
In value terms, hydroxide and peroxide of magnesium exports declined dramatically to $29 in 2022. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 1,275% against the previous year. As a result, the exports attained the peak of $55, and then fell remarkably in the following year.
| Export of Hydroxide and Peroxide of Magnesium in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | N/A | N/A | 29.0 | 0% | |
| Belgium | 4.0 | 55.0 | N/A | 1275.0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 4.0 | 55.0 | 29.0 | 169.3% | |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Luxembourg in 2022:
- Netherlands (13.0 kg)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Luxembourg.
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In value terms, hydroxides and magnesium peroxides exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the t...
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801
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