Chlorides; of Magnesium Price in Croatia - 2023

Contents:

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

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

The average chlorides; of magnesium import price stood at $2,850 per ton in 2022, with an increase of 4.5% against the previous year. Overall, the import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($19,216 per ton), while the price for the Netherlands ($1,147 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+26.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average chlorides; of magnesium export price stood at $4,838 per ton in 2022, waning by -5.6% against the previous year. In general, the export price, however, showed temperate growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 162%. Over the period under review, the average export prices attained the peak figure at $10,027 per ton in 2018; however, from 2019 to 2022, the 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 Slovenia ($6,479 per ton), while the average price for exports to Poland ($1,921 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 Slovenia (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Chlorides; of Magnesium Imports in Croatia

In 2022, supplies from abroad of chlorides; of magnesia increased by 8.4% to 23 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, saw a abrupt slump.

In value terms, chlorides; of magnesium imports expanded sharply to $64K in 2022. Over the period under review, imports, however, continue to indicate a pronounced decrease.

Import of Chlorides; of Magnesium in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia0.25.725.430.7435.4%
Netherlands19.123.711.816.1-5.5%
Czech Republic8.311.69.58.92.4%
Germany4.13.37.84.74.7%
Italy5.20.6N/A0.2-66.2%
Poland32.76.20.1N/A-94.5%
Others1.06.51.93.551.8%
Total70.557.756.664.1-3.1%

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

  1. Poland (undefined tons)
  2. Netherlands (14.1 tons)
  3. Czech Republic (4.6 tons)
  4. Germany (2.2 tons)
  5. Slovenia (1.6 tons)
  6. Italy (0.1 tons)

Chlorides; of Magnesium Exports in Croatia

Chlorides; of magnesium exports from Croatia expanded notably to 6.2 tons in 2022, increasing by 8.1% against 2021 figures. The total export volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, chlorides; of magnesium exports expanded slightly to $30K in 2022. Overall, exports, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.3% against the previous year.

Export of Chlorides; of Magnesium in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovenia17.413.115.215.4-4.0%
Bosnia and Herzegovina11.413.410.210.6-2.4%
PolandN/AN/A3.13.512.9%
Others4.30.61.10.7-45.4%
Total33.027.129.630.2-2.9%

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

  1. Slovenia (2.4 tons)
  2. Bosnia and Herzegovina (1.9 tons)
  3. Poland (1.8 tons)

Source: IndexBox Market Intelligence Platform

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