Price for Hydroxide and Peroxide of Magnesium in the United Arab Emirates - 2021
Contents:
- Price for Hydroxide and Peroxide of Magnesium in the United Arab Emirates (FOB) - 2022
- Price for Hydroxide and Peroxide of Magnesium in the United Arab Emirates (CIF) - 2022
- Exports of Hydroxide and Peroxide of Magnesium in the United Arab Emirates
- Imports of Hydroxide and Peroxide of Magnesium in the United Arab Emirates
Price for Hydroxide and Peroxide of Magnesium in the United Arab Emirates (FOB) - 2022
In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $1,226 per ton, with an increase of 37% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The growth pace was the most rapid in 2014 an increase of 74% against the previous year. As a result, the export price attained the peak level of $3,549 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2012 to 2022, the rate of growth in terms of prices for Saudi Arabia amounted to -6.1% per year.
Price for Hydroxide and Peroxide of Magnesium in the United Arab Emirates (CIF) - 2022
In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $680 per ton, jumping by 62% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 71% against the previous year. Over the period under review, average import prices hit record highs at $1,496 per ton in 2015; however, from 2016 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 States ($2,787 per ton), while the price for Russia ($569 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Hydroxide and Peroxide of Magnesium in the United Arab Emirates
In 2022, hydroxide and peroxide of magnesium exports from the United Arab Emirates skyrocketed to 2.7K tons, growing by 21% on the year before. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, hydroxide and peroxide of magnesium exports skyrocketed to $3.3M in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.0% 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 +88.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Hydroxide and Peroxide of Magnesium in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 2.4 | 1.7 | 1.9 | 3.3 | 11.2% |
| Others | 0.1 | N/A | 0.1 | N/A | 0.0% |
| Total | 2.4 | 1.8 | 2.0 | 3.3 | 11.2% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from the United Arab Emirates in 2022:
- Saudi Arabia (2.7K tons)
Imports of Hydroxide and Peroxide of Magnesium in the United Arab Emirates
In 2022, after two years of decline, there was significant growth in overseas purchases of hydroxide and peroxide of magnesia, when their volume increased by 93% to 2.2K tons. Over the period under review, imports, however, showed a abrupt decline.
In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $1.5M in 2022. Overall, imports saw a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Hydroxide and Peroxide of Magnesium in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 714 | 286 | 311 | 1,229 | 19.8% |
| Russia | 94.2 | 55.7 | 73.9 | 80.7 | -5.0% |
| Italy | 71.1 | 28.0 | 26.1 | N/A | -39.4% |
| Others | 202 | 78.5 | 73.7 | 203 | 0.2% |
| Total | 1,081 | 449 | 485 | 1,512 | 11.8% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to the United Arab Emirates in 2022:
- China (2011.0 tons)
- Russia (141.7 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in the United Arab Emirates.
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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 the United Arab Emirates.
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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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