Price for Hydroxide and Peroxide of Magnesium in Pakistan - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Pakistan (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Pakistan (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Pakistan
- Exports of Hydroxide and Peroxide of Magnesium in Pakistan
Price for Hydroxide and Peroxide of Magnesium in Pakistan (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $1,976 per ton in 2022, which is down by -14.1% against the previous year. Over the period under review, the import price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by 70%. Over the period under review, average import prices reached the peak figure at $5,164 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.
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 the United Arab Emirates ($17,605 per ton), while the price for China ($1,516 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydroxide and Peroxide of Magnesium in Pakistan (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $1,920 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price continues to indicate a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 132% against the previous year. Over the period under review, the average export prices attained the maximum at $2,835 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Afghanistan.
From 2012 to 2022, the rate of growth in terms of prices for Afghanistan amounted to +10.5% per year.
Imports of Hydroxide and Peroxide of Magnesium in Pakistan
In 2022, approx. 275 tons of hydroxide and peroxide of magnesia were imported into Pakistan; with an increase of 28% compared with the year before. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.2% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 44% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, hydroxide and peroxide of magnesium imports expanded sharply to $543K in 2022. The total import value increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 34%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Hydroxide and Peroxide of Magnesium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 276 | 277 | 371 | 462 | 18.7% |
| Japan | 106 | 55.7 | 98.1 | 37.1 | -29.5% |
| China | 8.9 | 17.1 | 2.4 | 11.9 | 10.2% |
| United States | 1.7 | 1.0 | 3.9 | 8.4 | 70.3% |
| Others | 20.5 | 16.3 | 17.2 | 23.0 | 3.9% |
| Total | 413 | 368 | 492 | 543 | 9.6% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Pakistan in 2022:
- India (240.2 tons)
- Japan (15.3 tons)
- China (7.8 tons)
- United States (4.4 tons)
Exports of Hydroxide and Peroxide of Magnesium in Pakistan
In 2022, overseas shipments of hydroxide and peroxide of magnesia were finally on the rise to reach 1.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt decline.
In value terms, hydroxide and peroxide of magnesium exports rose sharply to $2.2K in 2022. In general, exports, however, saw a drastic downturn.
| Export of Hydroxide and Peroxide of Magnesium in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Afghanistan | 3.2 | 2.4 | 1.9 | 2.2 | -11.7% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 3.2 | 2.5 | 1.9 | 2.2 | -11.7% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Pakistan in 2022:
- Afghanistan (1.2 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Pakistan.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
463
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Pakistan.
776
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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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...
1399
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...
801
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...
