Netherlands: Market for Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium 2024

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

In 2022, the Dutch magnesium hydroxide and peroxide market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption, however, faced a abrupt decrease. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Hydroxide And Peroxide Of Magnesium, Oxides, Hydroxides And Peroxides Of Strontium Or Barium in the Netherlands

In value terms, magnesium hydroxide and peroxide production fell to $X in 2022 estimated in export price. Overall, production, however, showed a pronounced descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 18%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

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

Exports from the Netherlands

In 2022, approx. X tons of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium were exported from the Netherlands; growing by 4.1% against 2021. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2017 with an increase of 228% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, magnesium hydroxide and peroxide exports reached $X in 2022. Over the period under review, exports recorded a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 119% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

Singapore (X tons), France (X tons) and Sweden (X tons) were the main destinations of magnesium hydroxide and peroxide exports from the Netherlands, together comprising 40% of total exports. China, Italy, Portugal, Germany, the United States and the UK lagged somewhat behind, together accounting for a further 33%.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +340.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for magnesium hydroxide and peroxide exported from the Netherlands were the United States ($X), France ($X) and Italy ($X), together accounting for 44% of total exports. Sweden, Singapore, Germany, Portugal, China and the UK lagged somewhat behind, together comprising a further 36%.

Among the main countries of destination, Portugal, with a CAGR of +323.0%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average magnesium hydroxide and peroxide export price amounted to $X per ton, increasing by 7.4% against the previous year. Overall, the export price, however, saw a drastic downturn. The pace of growth appeared the most rapid in 2014 when the average export price increased by 46% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Singapore ($X 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 Germany (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports into the Netherlands

In 2022, approx. X tons of hydroxide and peroxide of magnesium, oxides, hydroxides and peroxides of strontium or barium were imported into the Netherlands; with an increase of 71% on the year before. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 88%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, magnesium hydroxide and peroxide imports skyrocketed to $X in 2022. Over the period under review, imports saw a strong increase. The pace of growth was the most pronounced in 2016 when imports increased by 98%. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in years to come.

Imports by Country

France (X tons), Germany (X tons) and Russia (X tons) were the main suppliers of magnesium hydroxide and peroxide imports to the Netherlands, with a combined 68% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +204.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest magnesium hydroxide and peroxide suppliers to the Netherlands were Russia ($X), Germany ($X) and France ($X), together comprising 67% of total imports.

In terms of the main suppliers, Russia, with a CAGR of +283.3%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average magnesium hydroxide and peroxide import price stood at $X per ton in 2022, picking up by 5.3% against the previous year. Overall, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, magnesium hydroxide and peroxide import price increased by +95.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 51%. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in the immediate term.

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 Russia ($X per ton), while the price for France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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