Chlorides; of Magnesium Price in South Africa - 2023
Contents:
- Chlorides; of Magnesium Price in South Africa (CIF) - 2022
- Chlorides; of Magnesium Price in South Africa (FOB) - 2022
- Chlorides; of Magnesium Imports in South Africa
- Chlorides; of Magnesium Exports in South Africa
Chlorides; of Magnesium Price in South Africa (CIF) - 2022
In 2022, the average chlorides; of magnesium import price amounted to $481 per ton, shrinking by -28.9% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 71% against the previous year. As a result, import price attained the peak level of $676 per ton, and then declined dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,092 per ton), while the price for France ($68 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 (+15.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Chlorides; of Magnesium Price in South Africa (FOB) - 2022
In 2022, the average chlorides; of magnesium export price amounted to $937 per ton, waning by -58% against the previous year. Over the period under review, the export price, however, recorded a resilient expansion. The growth pace was the most rapid in 2013 when the average export price increased by 1,066%. Over the period under review, the average export prices hit record highs at $3,323 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Zimbabwe ($886 per ton), while the average price for exports to Zambia amounted to $775 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Zambia (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.
Chlorides; of Magnesium Imports in South Africa
Chlorides; of magnesium imports into South Africa soared to 703 tons in 2022, growing by 63% compared with 2021. In general, imports showed a buoyant expansion.
In value terms, chlorides; of magnesium imports skyrocketed to $338K in 2022. Overall, imports, however, saw a mild reduction.
| Import of Chlorides; of Magnesium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 162 | 122 | 141 | 123 | -8.8% |
| China | 75.0 | 166 | 62.5 | 114 | 15.0% |
| Israel | 34.0 | 24.4 | 34.4 | 47.0 | 11.4% |
| Germany | 47.1 | 29.0 | 16.3 | 27.2 | -16.7% |
| France | N/A | N/A | N/A | 1.1 | 0% |
| Netherlands | 20.1 | 2.9 | N/A | 0.5 | -70.8% |
| Others | 20.3 | 36.1 | 37.2 | 25.0 | 7.2% |
| Total | 358 | 381 | 292 | 338 | -1.9% |
Top Suppliers of Chlorides; of Magnesium to South Africa in 2022:
- China (443.1 tons)
- Israel (160.0 tons)
- Czech Republic (72.7 tons)
- France (15.6 tons)
- Germany (8.8 tons)
- Netherlands (0.5 tons)
Chlorides; of Magnesium Exports in South Africa
In 2022, approx. 36 tons of chlorides; of magnesia were exported from South Africa; jumping by 1,442% on 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, chlorides; of magnesium exports surged to $34K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Chlorides; of Magnesium in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zambia | N/A | 0.7 | 0.4 | 26.4 | 514.1% |
| Democratic Republic of the Congo | 6.2 | N/A | 0.1 | 4.7 | -8.8% |
| Zimbabwe | N/A | N/A | 0.9 | 1.3 | 44.4% |
| Namibia | 5.2 | 6.7 | 0.9 | 1.0 | -42.3% |
| Botswana | 0.3 | 23.4 | N/A | 0.1 | -30.7% |
| Malawi | 0.8 | N/A | N/A | N/A | 0% |
| Others | 0.4 | 2.8 | 3.0 | 0.4 | 0.0% |
| Total | 13.1 | 33.5 | 5.2 | 33.9 | 37.3% |
Top Export Markets for Chlorides; of Magnesium from South Africa in 2022:
- Botswana (undefined tons)
- Zambia (34.0 tons)
- Zimbabwe (1.5 tons)
- Democratic Republic of the Congo (0.2 tons)
- Namibia (0.1 tons)
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