Price for Hydroxide and Peroxide of Magnesium in Kazakhstan - 2021
Contents:
- Price for Hydroxide and Peroxide of Magnesium in Kazakhstan (CIF) - 2022
- Imports of Hydroxide and Peroxide of Magnesium in Kazakhstan
Price for Hydroxide and Peroxide of Magnesium in Kazakhstan (CIF) - 2022
The average import price for hydroxide and peroxide of magnesia stood at $31,235 per ton in 2022, growing by 1,154% against the previous year. Overall, the import price posted a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +41.1% per year.
Imports of Hydroxide and Peroxide of Magnesium in Kazakhstan
In 2022, purchases abroad of hydroxide and peroxide of magnesia decreased by -80.8% to 51 kg, falling for the second year in a row after two years of growth. Overall, imports saw a abrupt descent. The growth pace was the most rapid in 2020 with an increase of 558% against the previous year. As a result, imports reached the peak of 507 kg. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, hydroxide and peroxide of magnesium imports surged to $1.6K in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 728% against the previous year. As a result, imports reached the peak of $1.9K. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Hydroxide and Peroxide of Magnesium in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.0 | 3.0 | 1.0 | 1,593 | 1067.9% |
| Russia | 4.0 | 44.0 | 4.0 | N/A | 0.0% |
| China | 220 | 1,823 | 645 | N/A | 71.2% |
| Others | 1.0 | 2.0 | 10.0 | N/A | 216.2% |
| Total | 226 | 1,872 | 660 | 1,593 | 91.7% |
Top Suppliers of Hydroxide and Peroxide of Magnesium to Kazakhstan in 2022:
- Germany (51.0 kg)
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This report provides an in-depth analysis of the market for magnesium hydroxide and peroxide in Kazakhstan.
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