Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (FOB) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (CIF) - 2022
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $287 per ton in 2022, picking up by 7.4% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 54%. The export price peaked at $437 per ton in 2018; however, from 2019 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 Georgia.
From 2012 to 2022, the rate of growth in terms of prices for Morocco amounted to +12.0% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $344 per ton in 2022, rising by 13% against the previous year. In general, the import price, however, faced a abrupt slump. The import price peaked at $1,467 per ton in 2014; however, from 2015 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 2014 to 2022, the rate of growth in terms of prices for China amounted to -7.9% per year.
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt
After two years of decline, overseas shipments of kieserite, epsomite (natural magnesium sulphates)s increased by 30% to 124 tons in 2022. In general, exports, however, faced a sharp contraction.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports soared to $36K in 2022. Over the period under review, exports, however, continue to indicate a precipitous slump.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Georgia | N/A | N/A | N/A | 35.6 | 0% |
| Tunisia | 1.3 | 0.2 | 0.1 | N/A | -72.3% |
| Lebanon | 3.5 | 0.7 | 0.5 | N/A | -62.2% |
| Indonesia | 75.3 | 19.1 | 16.3 | N/A | -53.5% |
| Sudan | 6.0 | 2.3 | 1.3 | N/A | -53.5% |
| Morocco | 47.1 | 9.7 | 6.7 | N/A | -62.3% |
| Others | 4.4 | 0.9 | 0.6 | N/A | -63.1% |
| Total | 138 | 32.9 | 25.4 | 35.6 | -36.3% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Egypt in 2022:
- Georgia (124.1 tons)
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Egypt surged to 121 tons, rising by 488% compared with the previous year's figure. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 624%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports skyrocketed to $41K in 2022. Overall, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.5 | 9.2 | 6.2 | 41.4 | 109.5% |
| Slovenia | N/A | 7.2 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.5 | 16.3 | 6.2 | 41.4 | 109.5% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Egypt in 2022:
- China (120.5 tons)
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