Price for Hydroxide and Peroxide of Magnesium in the Dominican Republic - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in the Dominican Republic (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in the Dominican Republic (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in the Dominican Republic
- Exports of Hydroxide and Peroxide of Magnesium in the Dominican Republic
Price for Hydroxide and Peroxide of Magnesium in the Dominican Republic (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $1,300 per ton, surging by 8.7% against the previous year. Over the period under review, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 105% against the previous year. The import price peaked at $2,033 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($2,069 per ton), while the price for Brazil ($217 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+8.1%), while the prices for the other major suppliers experienced a decline.
Price for Hydroxide and Peroxide of Magnesium in the Dominican Republic (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $2,659 per ton in 2022, picking up by 19% against the previous year. In general, the export price, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2014 an increase of 68% against the previous year. As a result, the export price reached the peak level of $6,717 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Guatemala ($9,312 per ton), while the average price for exports to Haiti amounted to $1,935 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Guatemala (+8.8%).
Imports of Hydroxide and Peroxide of Magnesium in the Dominican Republic
In 2022, approx. 45 tons of hydroxide and peroxide of magnesia were imported into the Dominican Republic; which is down by -19.2% compared with 2021. In general, imports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 90%.
In value terms, hydroxide and peroxide of magnesium imports reduced to $58K in 2022. Over the period under review, imports recorded a dramatic contraction. The pace of growth was the most pronounced in 2021 when imports increased by 32% against the previous year.
| Import of Hydroxide and Peroxide of Magnesium in the Dominican Republic (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 89.4 | 37.8 | 50.4 | 45.0 | -20.5% |
| Mexico | 10.4 | 4.5 | 6.2 | 5.6 | -18.6% |
| China | 2.3 | 1.6 | 4.6 | 3.6 | 16.1% |
| India | 2.2 | 1.7 | 3.2 | 2.6 | 5.7% |
| Brazil | 1.3 | 0.5 | 0.5 | 0.4 | -32.5% |
| United States | 10.2 | 3.5 | 0.4 | 0.1 | -78.6% |
| Peru | 3.7 | N/A | N/A | N/A | 0% |
| Others | 0.7 | 0.4 | 0.7 | 0.6 | -5.0% |
| Total | 120 | 49.9 | 66.0 | 58.0 | -21.5% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to the Dominican Republic in 2022:
- South Korea (21.8 tons)
- China (11.5 tons)
- India (4.7 tons)
- Mexico (4.1 tons)
- Brazil (1.6 tons)
- United States (0.1 tons)
Exports of Hydroxide and Peroxide of Magnesium in the Dominican Republic
In 2022, hydroxide and peroxide of magnesium exports from the Dominican Republic declined sharply to 707 kg, reducing by -22.4% against the previous year's figure. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its volume increased at an average annual rate of +2.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 95%. As a result, the exports attained the peak of 911 kg, and then shrank notably in the following year.
In value terms, hydroxide and peroxide of magnesium exports reduced to $1.9K in 2022. In general, exports recorded a deep slump. The pace of growth appeared the most rapid in 2021 when exports increased by 17%.
| Export of Hydroxide and Peroxide of Magnesium in the Dominican Republic (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Haiti | 2,200 | 1,193 | 88.0 | 1,240 | -17.4% |
| Guatemala | 451 | 489 | 44.0 | 616 | 11.0% |
| Colombia | N/A | N/A | 1,898 | N/A | 0% |
| Others | 68.0 | 48.0 | 1.0 | 24.0 | -29.3% |
| Total | 2,719 | 1,730 | 2,031 | 1,880 | -11.6% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from the Dominican Republic in 2022:
- Haiti (640.0 kg)
- Guatemala (66.0 kg)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in the Dominican Republic.
753
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
273
This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in the Dominican Republic.
753
This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
1370
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...
1370
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...
785
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...
