Price for Hydroxide and Peroxide of Magnesium in Switzerland - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Switzerland (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Switzerland (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Switzerland
- Exports of Hydroxide and Peroxide of Magnesium in Switzerland
Price for Hydroxide and Peroxide of Magnesium in Switzerland (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $1,221 per ton in 2022, reducing by -5.2% against the previous year. In general, the import price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 33% against the previous year. The import price peaked at $2,699 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Austria ($3,094 per ton), while the price for China ($305 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+1.4%), while the prices for the other major suppliers experienced a decline.
Price for Hydroxide and Peroxide of Magnesium in Switzerland (FOB) - 2022
In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $21,316 per ton, picking up by 43% against the previous year. In general, the export price saw a buoyant increase. The pace of growth appeared the most rapid in 2020 an increase of 221% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($72,795 per ton), while the average price for exports to Austria ($11,821 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 Belgium (+101.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydroxide and Peroxide of Magnesium in Switzerland
For the fourth consecutive year, Switzerland recorded growth in overseas purchases of hydroxide and peroxide of magnesia, which increased by 0.5% to 3.1K tons in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% 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 +57.3% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 31%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, hydroxide and peroxide of magnesium imports fell modestly to $3.7M in 2022. In general, total imports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +4.1% 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 +66.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 75%. As a result, imports reached the peak of $3.9M, and then fell in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 2,668 | 1,123 | 1,515 | 1,563 | -16.3% |
| Italy | 293 | 812 | 1,211 | 1,384 | 67.8% |
| Germany | 168 | 156 | 1,047 | 719 | 62.4% |
| Russia | 3.1 | 0.1 | 0.4 | 40.8 | 136.1% |
| China | 90.8 | 133 | 1.4 | N/A | -87.6% |
| Others | 94.2 | 26.3 | 154 | 35.8 | -27.6% |
| Total | 3,318 | 2,251 | 3,929 | 3,743 | 4.1% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Switzerland in 2022:
- China (undefined tons)
- Italy (2265.8 tons)
- Austria (505.3 tons)
- Germany (239.1 tons)
- Russia (48.0 tons)
Exports of Hydroxide and Peroxide of Magnesium in Switzerland
In 2022, exports of hydroxide and peroxide of magnesia from Switzerland declined rapidly to 3.7 tons, dropping by -37.1% on 2021 figures. Over the period under review, exports saw a precipitous slump. The most prominent rate of growth was recorded in 2021 when exports increased by 153% against the previous year.
In value terms, hydroxide and peroxide of magnesium exports declined to $78K in 2022. Overall, exports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 99%.
| Export of Hydroxide and Peroxide of Magnesium in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5.9 | 2.9 | 17.9 | 32.1 | 75.9% |
| Austria | 18.0 | 20.7 | 26.8 | 23.1 | 8.7% |
| United States | 26.4 | 19.3 | 23.7 | 18.1 | -11.8% |
| Venezuela | N/A | N/A | 14.6 | N/A | 0% |
| China | 37.7 | N/A | N/A | N/A | 0% |
| Others | 2.4 | 0.7 | 3.7 | 4.9 | 26.9% |
| Total | 90.4 | 43.6 | 86.7 | 78.2 | -4.7% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Switzerland in 2022:
- Austria (1953.0 kg)
- Germany (1367.0 kg)
- United States (249.0 kg)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Switzerland.
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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 Switzerland.
775
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...
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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...
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...
