Price for Hydroxide and Peroxide of Magnesium in Slovenia - 2023

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,792 per ton, growing by 7.9% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 113% against the previous year. Over the period under review, average import prices reached the peak figure at $8,626 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Israel.

From 2012 to 2022, the rate of growth in terms of prices for Israel amounted to +4.2% per year.

Price for Hydroxide and Peroxide of Magnesium in Slovenia (FOB) - 2023

The average export price for hydroxide and peroxide of magnesia stood at $14,679 per ton in August 2023, picking up by 783% against the previous month. In general, the export price continues to indicate resilient growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was France ($14,755 per ton), while the average price for exports to Serbia totaled $14,301 per ton.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Hydroxide and Peroxide of Magnesium in Slovenia

In 2022, the amount of hydroxide and peroxide of magnesia imported into Slovenia stood at 1.8K tons, growing by 3.5% against the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 1,210% against the previous year. As a result, imports attained the peak of 2.1K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, hydroxide and peroxide of magnesium imports expanded significantly to $3.1M in 2022. Overall, imports showed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 965% against the previous year. As a result, imports attained the peak of $3.5M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Hydroxide and Peroxide of Magnesium in Slovenia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Israel	N/A	3.3	2.8	3.1	-3.1%
Sweden	0.3	0.2	N/A	N/A	-33.3%
Others	N/A	N/A	N/A	N/A	0%
Total	0.3	3.5	2.8	3.1	117.8%

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

Israel (1751.4 tons)

Exports of Hydroxide and Peroxide of Magnesium in Slovenia

After three years of growth, shipments abroad of hydroxide and peroxide of magnesia decreased by -1.3% to 1.5K tons in 2022. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 555,696% against the previous year.

In value terms, hydroxide and peroxide of magnesium exports rose significantly to $3.1M in 2022. Over the period under review, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 265,533% against the previous year. As a result, the exports reached the peak of $3.3M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.