Price for Hydroxide and Peroxide of Magnesium in Algeria - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Algeria (CIF) - 2022
  2. Imports of Hydroxide and Peroxide of Magnesium in Algeria

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

The average import price for hydroxide and peroxide of magnesia stood at $1,775 per ton in 2022, reducing by -3.5% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 21%. The import price peaked at $2,065 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($13,383 per ton), while the price for France ($1,122 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+18.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Hydroxide and Peroxide of Magnesium in Algeria

Hydroxide and peroxide of magnesium imports into Algeria fell to 479 tons in 2022, shrinking by -8.3% compared with the previous year's figure. In general, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 203%. As a result, imports reached the peak of 522 tons, and then contracted in the following year.

In value terms, hydroxide and peroxide of magnesium imports contracted to $850K in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 258%. As a result, imports attained the peak of $960K, and then fell in the following year.

Import of Hydroxide and Peroxide of Magnesium in Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India15813427629923.7%
France97.540.331524435.8%
United States19.021.149.735.322.9%
South KoreaN/A30.3N/AN/A0%
Others10742.631927236.5%
Total38126896085030.7%

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

  1. France (217.3 tons)
  2. India (22.4 tons)
  3. United States (16.2 tons)

Source: IndexBox Market Intelligence Platform

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