Chlorides; of Magnesium Price in Slovenia - 2023

Contents:

  1. Chlorides; of Magnesium Price in Slovenia (CIF) - 2022
  2. Chlorides; of Magnesium Price in Slovenia (FOB) - 2022
  3. Chlorides; of Magnesium Imports in Slovenia
  4. Chlorides; of Magnesium Exports in Slovenia

Chlorides; of Magnesium Price in Slovenia (CIF) - 2022

The average chlorides; of magnesium import price stood at $2,121 per ton in 2022, surging by 41% against the previous year. Overall, the import price continues to indicate noticeable growth. The growth pace was the most rapid in 2013 when the average import price increased by 186%. As a result, import price attained the peak level of $3,879 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

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 Croatia ($7,625 per ton), while the price for China ($1,011 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Croatia (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Chlorides; of Magnesium Price in Slovenia (FOB) - 2022

The average chlorides; of magnesium export price stood at $1,016 per ton in 2022, growing by 2.9% against the previous year. Over the period under review, the export price saw a pronounced expansion. The pace of growth was the most pronounced in 2015 an increase of 279%. As a result, the export price reached the peak level of $1,276 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bosnia and Herzegovina ($3,574 per ton), while the average price for exports to Slovakia ($416 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Magnesium Imports in Slovenia

In 2022, after three years of growth, there was significant decline in overseas purchases of chlorides; of magnesia, when their volume decreased by -51.1% to 54 tons. Over the period under review, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 234% against the previous year.

In value terms, chlorides; of magnesium imports dropped remarkably to $114K in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +8.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 47%.

Import of Chlorides; of Magnesium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic16.523.725.647.041.8%
Germany49.857.067.337.5-9.0%
Croatia8.66.99.77.9-2.8%
ChinaN/A27.646.15.5-55.4%
Netherlands7.85.89.65.0-13.8%
Italy3.64.21.61.9-19.2%
Austria0.30.30.81.467.1%
Others2.85.35.17.740.1%
Total89.31311661148.5%

Top Suppliers of Chlorides; of Magnesium to Slovenia in 2022:

  1. Germany (25.2 tons)
  2. Czech Republic (16.7 tons)
  3. China (5.4 tons)
  4. Netherlands (1.2 tons)
  5. Italy (1.0 tons)
  6. Croatia (1.0 tons)
  7. Austria (0.9 tons)

Chlorides; of Magnesium Exports in Slovenia

In 2022, overseas shipments of chlorides; of magnesia decreased by -68.3% to 17 tons, falling for the second year in a row after two years of growth. Over the period under review, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 608%. As a result, the exports reached the peak of 63 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chlorides; of magnesium exports dropped rapidly to $18K in 2022. In general, exports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2020 when exports increased by 263% against the previous year.

Export of Chlorides; of Magnesium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United StatesN/A1.9N/A8.2107.7%
Croatia1.52.12.22.823.1%
Italy0.931.549.21.928.3%
SlovakiaN/AN/AN/A1.30%
Serbia7.90.30.90.7-55.4%
OthersN/A1.91.72.617.0%
Total10.437.754.017.619.2%

Top Export Markets for Chlorides; of Magnesium from Slovenia in 2022:

  1. United States (6.4 tons)
  2. Croatia (4.9 tons)
  3. Slovakia (3.2 tons)
  4. Italy (2.1 tons)
  5. Serbia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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