Price for Hydroxide and Peroxide of Magnesium in Denmark - 2023

Contents:

1. Price for Hydroxide and Peroxide of Magnesium in Denmark (CIF) - 2022
2. Price for Hydroxide and Peroxide of Magnesium in Denmark (FOB) - 2022
3. Imports of Hydroxide and Peroxide of Magnesium in Denmark
4. Exports of Hydroxide and Peroxide of Magnesium in Denmark

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

In 2022, the average import price for hydroxide and peroxide of magnesia amounted to $5,093 per ton, growing by 25% against the previous year. In general, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.7% 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 +93.9% against 2015 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($7,822 per ton), while the price for the Netherlands ($3,730 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Hydroxide and Peroxide of Magnesium in Denmark (FOB) - 2022

In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $10,678 per ton, which is down by -22.8% against the previous year. In general, the export price, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2018 when the average export price increased by 94%. The export price peaked at $13,835 per ton in 2021, and then reduced dramatically in the following year.

As there is only one major export destination, the average price level is determined by prices for Serbia.

From 2012 to 2022, the rate of growth in terms of prices for Greenland amounted to +7.8% per year.

Imports of Hydroxide and Peroxide of Magnesium in Denmark

In 2022, supplies from abroad of hydroxide and peroxide of magnesia increased by 51% to 589 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt descent.

In value terms, hydroxide and peroxide of magnesium imports soared to $3M in 2022. In general, imports showed a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Slovakia (308.2 tons)
2. Israel (240.9 tons)
3. Germany (38.2 tons)
4. United Kingdom (1.1 tons)

Exports of Hydroxide and Peroxide of Magnesium in Denmark

In 2022, the amount of hydroxide and peroxide of magnesia exported from Denmark shrank rapidly to 891 kg, waning by -72.2% compared with the previous year. Overall, exports showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 31,930% against the previous year. As a result, the exports attained the peak of 3.2 tons, and then dropped sharply in the following year.

In value terms, hydroxide and peroxide of magnesium exports declined notably to $9.5K in 2022. In general, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 51,419% against the previous year. As a result, the exports reached the peak of $44K, and then contracted rapidly in the following year.

Top Export Markets for Hydroxide and Peroxide of Magnesium from Denmark in 2022:

1. Serbia (800.0 kg)

Source: IndexBox Market Intelligence Platform