Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Peru - 2021

Contents:

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

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

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $409 per ton in 2022, growing by 65% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Chile ($770 per ton), while the price for Germany ($205 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.7%).

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

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $2,778 per ton in 2022, remaining constant against the previous year. Over the period under review, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of 91%. As a result, the export price reached the peak level of $2,782 per ton; afterwards, it flattened through to 2022.

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

From 2012 to 2022, the rate of growth in terms of prices for Ecuador amounted to +11.2% per year.

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

In 2022, purchases abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -50.3% to 192 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 73%. As a result, imports reached the peak of 387 tons, and then fell dramatically in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports fell rapidly to $79K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +12.0% 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 +40.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 55% against the previous year. As a result, imports attained the peak of $96K, and then contracted rapidly in the following year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChileN/AN/AN/A51.30%
Germany27.319.989.425.0-2.9%
China2.41.45.31.3-18.5%
NetherlandsN/A19.8N/AN/A0%
Others26.220.50.91.0-66.3%
Total55.961.695.778.612.0%

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

  1. Germany (121.9 tons)
  2. Chile (66.7 tons)
  3. China (3.5 tons)

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

In 2022, after three years of growth, there was decline in shipments abroad of kieserite, epsomite (natural magnesium sulphates)s, when their volume decreased by -1.6% to 2.7 tons. The total export volume increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 3.3%. As a result, the exports attained the peak of 2.7 tons, and then fell modestly in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports dropped to $7.5K in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 3.2% against the previous year. As a result, the exports attained the peak of $7.6K, and then reduced modestly in the following year.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador7.17.47.67.51.8%
OthersN/AN/AN/AN/A0%
Total7.17.47.67.51.8%

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

  1. Ecuador (2.7 tons)

Source: IndexBox Market Intelligence Platform

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