Price for Hydroxide and Peroxide of Magnesium in Nepal - 2022
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Nepal (CIF) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Nepal
Price for Hydroxide and Peroxide of Magnesium in Nepal (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $3,674 per ton, growing by 28% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydroxide and peroxide of magnesium import price increased by +79.5% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
As there is only one major supplying country, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to +5.1% per year.
Imports of Hydroxide and Peroxide of Magnesium in Nepal
In 2022, the amount of hydroxide and peroxide of magnesia imported into Nepal fell significantly to 19 tons, shrinking by -30.7% on 2021 figures. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 42%.
In value terms, hydroxide and peroxide of magnesium imports shrank to $69K in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +4.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 66% against the previous year. As a result, imports reached the peak of $77K, and then reduced in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Nepal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 60.5 | 46.5 | 77.2 | 68.6 | 4.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 60.5 | 46.5 | 77.2 | 68.6 | 4.3% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Nepal in 2022:
- India (18.7 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Nepal.
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Nepal.
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