Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $732 per ton in 2022, shrinking by -37.9% against the previous year. In general, the import price saw a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 133% against the previous year. As a result, import price reached the peak level of $4,880 per ton. From 2019 to 2022, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -12.1% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania
For the fourth year in a row, Tanzania recorded growth in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, which increased by 32% to 1.2 tons in 2022. Overall, imports posted significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 116%. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports fell notably to $889 in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +16.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55%. As a result, imports reached the peak of $1.1K, and then dropped markedly in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Tanzania (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 560 | 697 | 1,081 | 889 | 16.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 560 | 697 | 1,081 | 889 | 16.7% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Tanzania in 2022:
- China (1.2 tons)
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