Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $593 per ton, picking up by 62% against the previous year. In general, the import price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2014 an increase of 140% against the previous year. Over the period under review, average import prices hit record highs at $659 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($2,276 per ton), while the price for China ($324 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 (+40.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $394 per ton in 2022, declining by -5.4% against the previous year. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 107% against the previous year. Over the period under review, the average export prices hit record highs at $922 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($760 per ton), while the average price for exports to the United Arab Emirates stood at $181 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+4.1%), while the prices for the other major destinations experienced a decline.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada
In 2022, overseas purchases of kieserite, epsomite (natural magnesium sulphates)s decreased by -82.8% to 781 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 399%. As a result, imports reached the peak of 4.5K tons, and then shrank rapidly in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports declined sharply to $463K in 2022. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 364%. As a result, imports attained the peak of $1.7M, and then contracted remarkably in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 88.5 | 291 | 1,424 | 200 | 31.2% |
| United States | 46.2 | 46.6 | 115 | 99.5 | 29.1% |
| United Kingdom | 5.9 | 5.4 | 2.5 | 81.6 | 140.0% |
| Netherlands | 40.0 | 0.4 | 88.7 | 74.4 | 23.0% |
| Others | 13.5 | 15.2 | 32.4 | 7.5 | -17.8% |
| Total | 194 | 359 | 1,663 | 463 | 33.6% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Canada in 2022:
- China (616.4 tons)
- United Kingdom (63.6 tons)
- United States (59.7 tons)
- Netherlands (32.7 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada
In 2022, kieserite, epsomite (natural magnesium sulphates) exports from Canada soared to 75 tons, rising by 22% on 2021. In general, exports, however, recorded a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 78% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports expanded sharply to $30K in 2022. Over the period under review, exports, however, saw a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 72% against the previous year.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.3 | 12.9 | 19.9 | 21.1 | -5.9% |
| United Arab Emirates | N/A | N/A | 5.5 | 8.6 | 56.4% |
| Malaysia | 48.2 | N/A | N/A | N/A | 0% |
| Singapore | 0.8 | 1.1 | N/A | N/A | 37.5% |
| Others | 0.1 | 1.0 | 0.4 | N/A | 100.0% |
| Total | 74.3 | 15.0 | 25.9 | 29.7 | -26.3% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Canada in 2022:
- United Arab Emirates (47.6 tons)
- United States (27.8 tons)
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