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

Contents:

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

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

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $222 per ton in 2022, with a decrease of -2.7% against the previous year. Over the period under review, the import price recorded a mild curtailment. The growth pace was the most rapid in 2018 an increase of 6.5% against the previous year. Over the period under review, average import prices attained the maximum at $262 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 Germany.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to -1.7% per year.

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

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $1,081 per ton in 2022, remaining stable against the previous year. Over the period under review, the export price saw a strong expansion. The most prominent rate of growth was recorded in 2021 a decrease of 99.9% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to 0.0% per year.

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

After three years of growth, supplies from abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -4.9% to 70K tons in 2022. The total import volume increased at an average annual rate of +2.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, imports attained the peak of 74K tons, and then contracted modestly in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports dropped to $16M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 18% against the previous year. As a result, imports attained the peak of $17M, and then contracted in the following year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany13.814.216.815.53.9%
Others0.10.10.10.10.0%
Total13.914.316.815.63.9%

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

  1. Germany (69.8K tons)

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

In 2022, approx. 15 tons of kieserite, epsomite (natural magnesium sulphates)s were exported from Norway; flattening at the previous year. In general, exports saw a abrupt contraction. The smallest decline of 99.9% was in 2021.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports totaled $16K in 2022. Overall, exports saw a deep reduction. The smallest decline of 99.9% was in 2021.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Norway (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
DenmarkN/AN/A16.40%
Germany21.8N/AN/A0%
OthersN/AN/AN/A0%
Total21.8N/A16.4-13.3%

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

  1. Denmark (15.1 tons)

Source: IndexBox Market Intelligence Platform

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