Price for Hydroxide and Peroxide of Magnesium in Kuwait - 2022

Contents:

  1. Price for Hydroxide and Peroxide of Magnesium in Kuwait (CIF) - 2022
  2. Imports of Hydroxide and Peroxide of Magnesium in Kuwait

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

The average import price for hydroxide and peroxide of magnesia stood at $2,237 per ton in 2022, shrinking by -2.7% against the previous year. In general, the import price, however, recorded resilient growth. The pace of growth appeared the most rapid in 2013 an increase of 136%. Over the period under review, average import prices attained the maximum at $4,709 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($2,379 per ton), while the price for Germany totaled $1,857 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.2%).

Imports of Hydroxide and Peroxide of Magnesium in Kuwait

In 2022, supplies from abroad of hydroxide and peroxide of magnesia was finally on the rise to reach 6.3 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a dramatic descent.

In value terms, hydroxide and peroxide of magnesium imports surged to $14K in 2022. Overall, imports, however, showed a dramatic contraction.

Import of Hydroxide and Peroxide of Magnesium in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany36.410.02.96.2-44.6%
India12.79.95.24.2-30.8%
OthersN/AN/AN/A3.70%
Total49.119.98.114.0-34.2%

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

  1. Germany (3.3 tons)
  2. India (1.7 tons)

Source: IndexBox Market Intelligence Platform

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