Chlorides; of Magnesium Price in Luxembourg - 2023
Contents:
- Chlorides; of Magnesium Price in Luxembourg (CIF) - 2022
- Chlorides; of Magnesium Price in Luxembourg (FOB) - 2022
- Chlorides; of Magnesium Imports in Luxembourg
- Chlorides; of Magnesium Exports in Luxembourg
Chlorides; of Magnesium Price in Luxembourg (CIF) - 2022
The average chlorides; of magnesium import price stood at $1,184 per ton in 2022, waning by -78.2% against the previous year. In general, the import price, however, showed a tangible expansion. The pace of growth appeared the most rapid in 2020 an increase of 1,318%. As a result, import price reached the peak level of $10,860 per ton. From 2021 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($8,996 per ton), while the price for France ($259 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+59.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Chlorides; of Magnesium Price in Luxembourg (FOB) - 2022
The average chlorides; of magnesium export price stood at $551,440 per ton in 2022, rising by 33% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2015 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +151.1% per year.
Chlorides; of Magnesium Imports in Luxembourg
For the fourth consecutive year, Luxembourg recorded growth in supplies from abroad of chlorides; of magnesia, which increased by 307% to 14 tons in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium imports contracted to $17K in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,844% against the previous year.
| Import of Chlorides; of Magnesium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.1 | 14.7 | 16.1 | 12.3 | 397.3% |
| France | 0.4 | 0.2 | 0.7 | 3.2 | 100.0% |
| Others | 0.4 | 2.0 | 2.0 | 1.2 | 44.2% |
| Total | 0.9 | 16.9 | 18.8 | 16.7 | 164.7% |
Top Suppliers of Chlorides; of Magnesium to Luxembourg in 2022:
- France (12.5 tons)
- United States (1.4 tons)
Chlorides; of Magnesium Exports in Luxembourg
In 2022, approx. 25 kg of chlorides; of magnesia were exported from Luxembourg; with a decrease of -39% on the year before. Over the period under review, exports showed a precipitous curtailment. The smallest decline of -10.9% was in 2021.
In value terms, chlorides; of magnesium exports contracted markedly to $14K in 2022. In general, exports recorded a pronounced decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 16% against the previous year. As a result, the exports reached the peak of $17K, and then contracted sharply in the following year.
| Export of Chlorides; of Magnesium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 14.7 | 17.0 | 13.8 | -3.1% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 14.7 | 17.0 | 13.8 | -3.1% | |
Top Export Markets for Chlorides; of Magnesium from Luxembourg in 2022:
- Netherlands (25.0 kg)
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