Price for Hydroxide and Peroxide of Magnesium in Australia - 2023
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Australia (CIF) - 2022
- Price for Hydroxide and Peroxide of Magnesium in Australia (FOB) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Australia
- Exports of Hydroxide and Peroxide of Magnesium in Australia
Price for Hydroxide and Peroxide of Magnesium in Australia (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $710 per ton in 2022, falling by -6.7% against the previous year. Overall, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydroxide and peroxide of magnesium import price increased by +33.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 55%. The import price peaked at $868 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 Japan ($3,331 per ton), while the price for China stood at $495 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+9.4%).
Price for Hydroxide and Peroxide of Magnesium in Australia (FOB) - 2022
In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $752 per ton, surging by 14% against the previous year. In general, the export price, however, saw a abrupt slump. The growth pace was the most rapid in 2017 when the average export price increased by 89%. The export price peaked at $1,340 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($6,011 per ton), while the average price for exports to New Zealand ($500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Hydroxide and Peroxide of Magnesium in Australia
For the third consecutive year, Australia recorded decline in overseas purchases of hydroxide and peroxide of magnesia, which decreased by -7.7% to 518 tons in 2022. Over the period under review, imports recorded a abrupt downturn. The smallest decline of -3.1% was in 2020.
In value terms, hydroxide and peroxide of magnesium imports reduced to $368K in 2022. In general, imports continue to indicate a precipitous decline.
| Import of Hydroxide and Peroxide of Magnesium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 388 | 320 | 286 | 240 | -14.8% |
| Japan | 112 | 81.0 | 56.0 | 60.3 | -18.6% |
| Others | 234 | 94.9 | 85.0 | 67.9 | -33.8% |
| Total | 734 | 496 | 427 | 368 | -20.6% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Australia in 2022:
- China (484.2 tons)
- Japan (18.1 tons)
Exports of Hydroxide and Peroxide of Magnesium in Australia
In 2022, approx. 586 tons of hydroxide and peroxide of magnesia were exported from Australia; surging by 39% on 2021 figures. Over the period under review, exports recorded a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, hydroxide and peroxide of magnesium exports skyrocketed to $441K in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +7.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Hydroxide and Peroxide of Magnesium in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 62.2 | 39.7 | N/A | 121 | 24.8% |
| New Zealand | 27.0 | 43.8 | 58.2 | 108 | 58.7% |
| Brazil | N/A | N/A | N/A | 89.0 | 0% |
| Malaysia | 47.2 | 86.4 | 87.3 | 78.5 | 18.5% |
| Qatar | 21.4 | N/A | 36.1 | 23.0 | 2.4% |
| Netherlands | 1.5 | N/A | 3.9 | 14.8 | 114.5% |
| Indonesia | 15.6 | 7.2 | 7.3 | 7.0 | -23.4% |
| China | 128 | 33.9 | 47.5 | N/A | -39.1% |
| Others | 55.5 | 85.0 | 37.0 | 0.1 | -87.8% |
| Total | 358 | 296 | 277 | 441 | 7.2% |
Top Export Markets for Hydroxide and Peroxide of Magnesium from Australia in 2022:
- New Zealand (215.8 tons)
- Brazil (171.0 tons)
- Malaysia (105.3 tons)
- Qatar (43.7 tons)
- United States (20.1 tons)
- Netherlands (20.0 tons)
- Indonesia (10.5 tons)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Australia.
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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 Australia.
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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...
756
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...
1329
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...
756
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...
