Price for Hydroxide and Peroxide of Magnesium in Israel - 2023

Contents:

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

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

In 2022, the average export price for hydroxide and peroxide of magnesia amounted to $1,932 per ton, rising by 12% against the previous year. Over the period under review, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2017 an increase of 28%. The export price peaked at $2,269 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Slovenia ($1,932 per ton) and the United States ($1,932 per ton), while the average price for exports to Canada ($1,932 per ton) and Turkey ($1,932 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+1.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for hydroxide and peroxide of magnesia stood at $1,917 per ton in 2022, increasing by 12% against the previous year. Over the period under review, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.3% 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 +150.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 43% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from India ($1,917 per ton) and the United States ($1,917 per ton), while the price for the Netherlands ($1,917 per ton) and China ($1,917 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Hydroxide and Peroxide of Magnesium in Israel

In 2022, after three years of growth, there was decline in overseas shipments of hydroxide and peroxide of magnesia, when their volume decreased by -3.9% to 10K tons. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, the exports reached the peak of 11K tons, and then reduced modestly in the following year.

In value terms, hydroxide and peroxide of magnesium exports expanded significantly to $20M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +17.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Export of Hydroxide and Peroxide of Magnesium in Israel (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.84.26.76.230.3%
Belgium1.71.52.63.020.8%
Canada0.30.82.52.294.3%
Slovenia4.02.80.51.9-22.0%
Germany0.80.81.31.626.0%
Denmark0.60.70.71.122.4%
Turkey0.30.70.50.838.7%
Switzerland0.40.32.40.57.7%
France0.40.40.20.40.0%
Others0.80.81.02.137.9%
Total12.113.018.419.817.8%

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

  1. United States (3.2K tons)
  2. Belgium (1.5K tons)
  3. Canada (1.1K tons)
  4. Slovenia (1.0K tons)
  5. Germany (0.8K tons)
  6. Denmark (0.6K tons)
  7. Turkey (0.4K tons)
  8. Switzerland (0.3K tons)
  9. France (0.2K tons)

Imports of Hydroxide and Peroxide of Magnesium in Israel

Hydroxide and peroxide of magnesium imports into Israel skyrocketed to 74 tons in 2022, jumping by 273% compared with the previous year. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hydroxide and peroxide of magnesium imports skyrocketed to $142K in 2022. In general, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Hydroxide and Peroxide of Magnesium in Israel (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/A18.0102466.7%
China13.016.016.036.040.4%
NetherlandsN/AN/AN/A3.00%
Others1.02.0N/A1.00.0%
Total14.018.034.0142116.5%

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

  1. India (53.2 tons)
  2. China (18.8 tons)
  3. Netherlands (1.6 tons)

Source: IndexBox Market Intelligence Platform

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