Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica - 2022

Contents:

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

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica (CIF) - 2022

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $298 per ton in 2022, picking up by 77% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. Over the period under review, average import prices hit record highs at $304 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 Germany amounted to +39.6% per year.

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

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $333 per ton in 2022, with a decrease of -6.3% against the previous year. Over the period under review, the export price recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 an increase of 72%. The export price peaked at $3,391 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Panama amounted to -20.7% per year.

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica

In 2022, overseas purchases of kieserite, epsomite (natural magnesium sulphates)s decreased by -21.3% to 12K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a perceptible slump. The pace of growth appeared the most rapid in 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of 21K tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports skyrocketed to $3.6M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 57%. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.13.32.53.619.7%
Others0.10.10.1N/A0.0%
Total2.13.42.63.619.7%

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

  1. China (12.0K tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica

Kieserite, epsomite (natural magnesium sulphates) exports from Costa Rica declined markedly to 428 tons in 2022, which is down by -41.1% against the year before. In general, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 459%. As a result, the exports attained the peak of 725 tons, and then fell dramatically in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports dropped notably to $142K in 2022. Overall, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 862% against the previous year. As a result, the exports reached the peak of $258K, and then declined significantly in the following year.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Panama33.826.825814261.4%
OthersN/AN/AN/AN/A0%
Total33.826.825814261.4%

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

  1. Panama (427.5 tons)

Source: IndexBox Market Intelligence Platform

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