Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium - 2023

Contents:

1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium (CIF) - 2023
2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium (FOB) - 2022
3. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium
4. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium (CIF) - 2023

In July 2023, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $317 per ton, with a decrease of -4.3% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.6%. The most prominent rate of growth was recorded in August 2022 an increase of 25% month-to-month. Over the period under review, average import prices reached the peak figure at $345 per ton in April 2023; however, from May 2023 to July 2023, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In July 2023, the country with the highest price was the Netherlands ($411 per ton), while the price for Germany totaled $314 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+2.6%).

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium (FOB) - 2022

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $405 per ton in 2022, picking up by 64% against the previous year. In general, export price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $459 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($550 per ton), while the average price for exports to France ($296 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 (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium

Kieserite, epsomite (natural magnesium sulphates) imports into Belgium skyrocketed to 62K tons in 2022, increasing by 22% compared with 2021. The total import volume increased at an average annual rate of +7.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $16M in 2022. The total import value increased at an average annual rate of +10.7% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Belgium in 2022:

1. Germany (61.2K tons)
2. Netherlands (1.2K tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Belgium

In 2022, overseas shipments of kieserite, epsomite (natural magnesium sulphates)s decreased by -43.5% to 9.6K tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 733% against the previous year. As a result, the exports reached the peak of 19K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports declined to $3.9M in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 678%. As a result, the exports reached the peak of $5.2M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Belgium in 2022:

1. France (5.3K tons)
2. United Kingdom (3.9K tons)
3. Netherlands (0.3K tons)

Source: IndexBox Market Intelligence Platform