Chlorides; of Magnesium Price in Paraguay - 2023

Contents:

  1. Chlorides; of Magnesium Price in Paraguay (CIF) - 2022
  2. Chlorides; of Magnesium Imports in Paraguay

Chlorides; of Magnesium Price in Paraguay (CIF) - 2022

In 2022, the average chlorides; of magnesium import price amounted to $1,031 per ton, leveling off at the previous year. Overall, the import price saw a noticeable curtailment. The most prominent rate of growth was recorded in 2013 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $2,105 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($2,103 per ton), while the price for China ($898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Chlorides; of Magnesium Imports in Paraguay

In 2022, the amount of chlorides; of magnesia imported into Paraguay soared to 152 tons, picking up by 37% compared with the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, chlorides; of magnesium imports soared to $156K in 2022. Over the period under review, imports saw significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 56%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Chlorides; of Magnesium in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China45.730.944.912339.1%
Czech Republic5.215.335.18.417.3%
Germany10.40.60.98.2-7.6%
India1.01.62.67.595.7%
Others6.924.831.08.78.0%
Total69.273.211415631.1%

Top Suppliers of Chlorides; of Magnesium to Paraguay in 2022:

  1. China (137.5 tons)
  2. India (5.0 tons)
  3. Czech Republic (4.0 tons)
  4. Germany (2.1 tons)

Source: IndexBox Market Intelligence Platform

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