Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $335 per ton, jumping by 32% against the previous year. Over the period under review, the import price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when the average import price increased by 77%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($401 per ton), while the price for China totaled $332 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.7%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $449 per ton in 2022, with an increase of 39% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kieserite, epsomite (natural magnesium sulphates) export price increased by +90.6% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 54%. Over the period under review, the average export prices reached the maximum in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($529 per ton), while the average price for exports to Greece ($340 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Algeria (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Spain soared to 22K tons, with an increase of 25% against 2021 figures. The total import volume increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $7.5M in 2022. Over the period under review, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.5 | 1.9 | 4.3 | 7.1 | 41.6% |
| Germany | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| Others | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Total | 2.8 | 2.2 | 4.6 | 7.5 | 38.9% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Spain in 2022:
- China (21.3K tons)
- Germany (1.0K tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain
Kieserite, epsomite (natural magnesium sulphates) exports from Spain soared to 2.5K tons in 2022, picking up by 30% on the previous year's figure. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 170%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports skyrocketed to $1.1M in 2022. In general, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 109%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Spain (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 20.9 | 257 | 364 | 878 | 247.6% |
| Portugal | 164 | 117 | 226 | 167 | 0.6% |
| Algeria | N/A | 6.3 | 11.8 | 43.1 | 161.6% |
| Greece | N/A | N/A | N/A | 32.7 | 0% |
| Others | 5.8 | 18.2 | 30.0 | 21.2 | 54.0% |
| Total | 191 | 398 | 632 | 1,142 | 81.5% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Spain in 2022:
- France (1984.3 tons)
- Portugal (314.9 tons)
- Greece (96.0 tons)
- Algeria (96.0 tons)
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