Price for Hydroxide and Peroxide of Magnesium in Finland - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Finland (CIF) - 2023
- Price for Hydroxide and Peroxide of Magnesium in Finland (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Finland
- Exports of Hydroxide and Peroxide of Magnesium in Finland
Price for Hydroxide and Peroxide of Magnesium in Finland (CIF) - 2023
The average import price for hydroxide and peroxide of magnesia stood at $632 per ton in August 2023, surging by 25% against the previous month. In general, the import price enjoyed a temperate increase. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 57% against the previous month. The import price peaked at $752 per ton in May 2023; however, from June 2023 to August 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($146K per ton), while the price for Norway ($457 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+60.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Hydroxide and Peroxide of Magnesium in Finland (FOB) - 2022
The average export price for hydroxide and peroxide of magnesia stood at $211 per ton in 2022, shrinking by -38.6% against the previous year. In general, the export price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2019 an increase of 186%. Over the period under review, the average export prices attained the maximum at $3,080 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +10.3% per year.
Imports of Hydroxide and Peroxide of Magnesium in Finland
Hydroxide and peroxide of magnesium imports into Finland dropped to 3.8K tons in 2022, shrinking by -5.8% against 2021. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 39%.
In value terms, hydroxide and peroxide of magnesium imports fell markedly to $1.8M in 2022. Overall, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2021 when imports increased by 47%. As a result, imports attained the peak of $2.2M, and then declined dramatically in the following year.
| Import of Hydroxide and Peroxide of Magnesium in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,075 | 818 | 1,326 | 1,185 | 3.3% |
| Netherlands | 411 | 449 | 451 | 230 | -17.6% |
| Germany | 36.6 | 12.5 | 250 | 108 | 43.4% |
| Norway | 162 | 9.2 | 13.5 | 83.3 | -19.9% |
| United States | 146 | 166 | 97.6 | 71.2 | -21.3% |
| Others | 198 | 58.8 | 80.3 | 87.6 | -23.8% |
| Total | 2,028 | 1,514 | 2,219 | 1,765 | -4.5% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Finland in 2022:
- Sweden (2859.8 tons)
- Netherlands (589.7 tons)
- Norway (183.8 tons)
- Germany (100.9 tons)
- United States (66.7 tons)
Exports of Hydroxide and Peroxide of Magnesium in Finland
Hydroxide and peroxide of magnesium exports from Finland skyrocketed to 311 tons in 2022, growing by 69% on the year before. Overall, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 228%. As a result, the exports reached the peak of 1.2K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, hydroxide and peroxide of magnesium exports expanded to $66K in 2022. Over the period under review, exports, however, saw a dramatic slump. The growth pace was the most rapid in 2020 when exports increased by 17%. As a result, the exports attained the peak of $754K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Hydroxide and Peroxide of Magnesium in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 271 | 54.6 | 61.1 | 63.8 | -38.3% |
| Estonia | 371 | 594 | N/A | N/A | 60.1% |
| Czech Republic | N/A | 105 | N/A | N/A | 0% |
| Others | 0.3 | 0.5 | 1.9 | 1.8 | 81.7% |
| Total | 643 | 754 | 63.0 | 65.5 | -53.3% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Finland in 2022:
- Sweden (310.4 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Finland.
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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 Finland.
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This report provides an in-depth analysis of the global market for magnesium hydroxide and peroxide.
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