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

Contents:

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

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

In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $256 per ton, with a decrease of -14.9% against the previous year. Overall, the import price continues to indicate a noticeable curtailment. The pace of growth was the most pronounced in 2021 an increase of 13% against the previous year. Over the period under review, average import prices reached the maximum at $355 per ton in 2012; however, from 2013 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 Austria ($388 per ton), while the price for Germany ($218 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+51.3%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $1,195 per ton in 2022, jumping by 84% against the previous year. Over the period under review, the export price saw a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +9.1% per year.

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

After three years of growth, purchases abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -0.7% to 7.1K tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +18.6% 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 +66.7% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of 7.2K tons, leveling off in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports reduced remarkably to $1.8M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.8% 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 +51.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 52% against the previous year. As a result, imports attained the peak of $2.2M, and then shrank rapidly in the following year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9611,1261,5221,1476.1%
China19425737451838.7%
TunisiaN/AN/A37.973.995.0%
France20.31.791.138.824.1%
Austria17.435.512832.022.5%
Others11.1N/AN/A8.4-8.9%
Total1,2031,4212,1531,81914.8%

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

  1. Germany (5.3K tons)
  2. China (1.5K tons)
  3. Tunisia (0.2K tons)
  4. France (0.1K tons)
  5. Austria (0.1K tons)

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

In 2022, shipments abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -99.9% to 425 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a precipitous decline. The pace of growth appeared the most rapid in 2020 when exports increased by 97%. As a result, the exports attained the peak of 2.6K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports fell markedly to $508 in 2022. In general, exports saw a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 107% against the previous year. As a result, the exports attained the peak of $1.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9.418.6N/A0.5-62.4%
Hungary10.995.5N/AN/A776.1%
Belgium275309N/AN/A12.4%
Croatia41.520792.3N/A49.1%
LatviaN/A28.331.3N/A10.6%
Greece12828.3N/AN/A-77.9%
NetherlandsN/A74.1N/AN/A0%
Romania192607N/AN/A216.1%
Others4.44.075.3N/A313.7%
Total6611,3721990.5-90.9%

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

  1. Poland (425.0 kg)

Source: IndexBox Market Intelligence Platform

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