Price for Hydroxide and Peroxide of Magnesium in Norway - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Norway (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Norway (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Norway
- Exports of Hydroxide and Peroxide of Magnesium in Norway
Price for Hydroxide and Peroxide of Magnesium in Norway (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $4,464 per ton, jumping by 398% against the previous year. Overall, the import price showed a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Ireland ($8,070 per ton), while the price for Sweden ($728 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydroxide and Peroxide of Magnesium in Norway (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $429 per ton in 2022, declining by -10.4% against the previous year. Overall, the export price saw a noticeable curtailment. The pace of growth was the most pronounced in 2019 an increase of 45%. The export price peaked at $613 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($431 per ton), while the average price for exports to the UK ($416 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+9.5%), while the prices for the other major destinations experienced a decline.
Imports of Hydroxide and Peroxide of Magnesium in Norway
In 2022, overseas purchases of hydroxide and peroxide of magnesia decreased by -94.9% to 59 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 11%. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hydroxide and peroxide of magnesium imports declined significantly to $263K in 2022. Overall, imports showed a precipitous setback. The growth pace was the most rapid in 2020 with an increase of 9.1%. As a result, imports reached the peak of $2.1M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Hydroxide and Peroxide of Magnesium in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ireland | 15.3 | N/A | N/A | 132 | 105.1% |
| Germany | 51.8 | 7.7 | 10.5 | 44.7 | -4.8% |
| Israel | N/A | 24.5 | 58.7 | 26.8 | 4.6% |
| China | 0.3 | N/A | 56.0 | 26.2 | 343.7% |
| United Kingdom | 26.9 | 86.4 | 104 | 23.4 | -4.5% |
| Italy | N/A | N/A | N/A | 4.4 | 0% |
| Austria | 1.4 | N/A | N/A | 3.4 | 34.4% |
| Sweden | 1,741 | 1,925 | 783 | 0.1 | -96.1% |
| Others | 51.5 | 17.6 | 29.2 | 2.0 | -66.1% |
| Total | 1,889 | 2,061 | 1,041 | 263 | -48.2% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Norway in 2022:
- Germany (21.9 tons)
- Ireland (16.4 tons)
- Israel (4.8 tons)
- Italy (4.7 tons)
- China (4.3 tons)
- United Kingdom (3.2 tons)
- Austria (1.8 tons)
- Sweden (0.2 tons)
Exports of Hydroxide and Peroxide of Magnesium in Norway
In 2022, shipments abroad of hydroxide and peroxide of magnesia decreased by -80.3% to 223 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a sharp setback. The pace of growth was the most pronounced in 2020 when exports increased by 17% against the previous year. As a result, the exports attained the peak of 1.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hydroxide and peroxide of magnesium exports reduced dramatically to $96K in 2022. In general, exports faced a significant decline. The most prominent rate of growth was recorded in 2020 when exports increased by 23%. As a result, the exports reached the peak of $625K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Hydroxide and Peroxide of Magnesium in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 132 | 10.2 | 14.1 | 79.1 | -15.7% |
| Sweden | 353 | 614 | 526 | 13.7 | -66.1% |
| United Kingdom | 23.7 | N/A | 1.2 | 2.8 | -50.9% |
| Others | N/A | 0.9 | 0.6 | 0.2 | -52.9% |
| Total | 509 | 625 | 542 | 95.7 | -42.7% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Norway in 2022:
- Finland (183.8 tons)
- Sweden (32.1 tons)
- United Kingdom (6.6 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Norway.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Norway.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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In value terms, hydroxides and magnesium peroxides imports amounted to $X in 2016. Overall, it indicated a prominent expansion from 2007 to 2016: the total imports value increased at an average ann...
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