Price for Hydroxide and Peroxide of Magnesium in the Czech Republic - 2023

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in the Czech Republic (CIF) - 2022
  2. Price for Hydroxide and Peroxide of Magnesium in the Czech Republic (FOB) - 2022
  3. Imports of Hydroxide and Peroxide of Magnesium in the Czech Republic
  4. Exports of Hydroxide and Peroxide of Magnesium in the Czech Republic

Price for Hydroxide and Peroxide of Magnesium in the Czech Republic (CIF) - 2022

The average import price for hydroxide and peroxide of magnesia stood at $3,461 per ton in 2022, picking up by 14% against the previous year. Over the period under review, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +62.4% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 40% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain 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 Russia ($6,679 per ton), while the price for Poland ($1,719 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+51.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydroxide and Peroxide of Magnesium in the Czech Republic (FOB) - 2022

The average export price for hydroxide and peroxide of magnesia stood at $6,013 per ton in 2022, picking up by 99% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The export price peaked at $10,625 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($15,409 per ton), while the average price for exports to Italy ($1,744 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 Russia (+17.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Hydroxide and Peroxide of Magnesium in the Czech Republic

In 2022, approx. 550 tons of hydroxide and peroxide of magnesia were imported into the Czech Republic; rising by 214% compared with the previous year. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $1.9M in 2022. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.31562691,502166.6%
Netherlands96.616117616519.5%
ItalyN/AN/A0.510921700.0%
Slovakia1.97.014.658.7213.8%
Poland4.6N/A0.226.879.9%
Others51.890.870.641.1-7.4%
Total2344145301,902101.1%

Top Suppliers of Hydroxide and Peroxide of Magnesium to the Czech Republic in 2022:

  1. Germany (429.2 tons)
  2. Italy (44.0 tons)
  3. Netherlands (41.0 tons)
  4. Poland (15.6 tons)
  5. Slovakia (14.6 tons)

Exports of Hydroxide and Peroxide of Magnesium in the Czech Republic

After three years of growth, shipments abroad of hydroxide and peroxide of magnesia decreased by -32.6% to 9.2 tons in 2022. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 187% against the previous year.

In value terms, hydroxide and peroxide of magnesium exports skyrocketed to $55K in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 197% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Hydroxide and Peroxide of Magnesium in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RussiaN/A0.40.338.0874.7%
Slovakia6.320.417.37.76.9%
Italy3.614.523.15.917.9%
BelarusN/AN/AN/A3.20%
Switzerland2.0N/AN/AN/A0%
OthersN/AN/A0.50.4-20.0%
Total11.935.441.155.266.8%

Top Export Markets for Hydroxide and Peroxide of Magnesium from the Czech Republic in 2022:

  1. Russia (5.0 tons)
  2. Italy (3.4 tons)
  3. Slovakia (0.5 tons)
  4. Belarus (0.3 tons)

Source: IndexBox Market Intelligence Platform

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