Luxembourg: Market for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium 2025

Market Size for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in Luxembourg

In 2022, the Luxembourg magnesium hydroxide and peroxide market decreased by -22.7% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, recorded a significant increase. Over the period under review, the market attained the peak level at $X in 2021, and then contracted remarkably in the following year.

Exports of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Exports from Luxembourg

In 2022, exports of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium from Luxembourg dropped remarkably to X kg, falling by -50% compared with 2021. In general, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 when exports increased by 1,200%. As a result, the exports reached the peak of X kg, and then fell rapidly in the following year.

In value terms, magnesium hydroxide and peroxide exports contracted significantly to $X in 2022. Overall, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by 1,020% against the previous year. As a result, the exports attained the peak of $X, and then fell sharply in the following year.

Exports by Country

The Netherlands (X kg) was the main destination for magnesium hydroxide and peroxide exports from Luxembourg, with a approx. 100% share of total exports.

From 2019 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at +63.0%.

In value terms, the Netherlands ($X) emerged as the key foreign market for hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium exports from Luxembourg.

From 2019 to 2022, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

The average magnesium hydroxide and peroxide export price stood at $X per ton in 2022, increasing by 3.6% against the previous year. Over the period under review, the export price, however, continues to indicate a sharp decrease. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2019 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -38.7% per year.

Imports of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium

Imports into Luxembourg

In 2022, after two years of growth, there was significant decline in supplies from abroad of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium, when their volume decreased by -20.5% to X tons. Overall, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2013 with an increase of 15,416% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021, and then shrank remarkably in the following year.

In value terms, magnesium hydroxide and peroxide imports shrank remarkably to $X in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2013 with an increase of 6,074% against the previous year. Imports peaked at $X in 2021, and then reduced dramatically in the following year.

Imports by Country

In 2022, Italy (X tons) constituted the largest magnesium hydroxide and peroxide supplier to Luxembourg, accounting for a 84% share of total imports. Moreover, magnesium hydroxide and peroxide imports from Italy exceeded the figures recorded by the second-largest supplier, Belgium (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Italy amounted to +15.7%.

In value terms, Italy ($X) constituted the largest supplier of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium to Luxembourg, comprising 82% of total imports. The second position in the ranking was taken by Belgium ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to +29.0%.

Import Prices by Country

In 2022, the average magnesium hydroxide and peroxide import price amounted to $X per ton, dropping by -35.2% against the previous year. In general, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 79% against the previous year. The import price peaked at $X per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Italy stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+11.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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