Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (CIF) - 2023
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (CIF) - 2023
In August 2023, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $492 per ton, shrinking by -4% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 71% against the previous month. As a result, import price attained the peak level of $1,021 per ton. From July 2023 to August 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Belgium ($1,182 per ton), while the price for Germany amounted to $478 per ton.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Belgium (+43.0%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $186 per ton in 2022, dropping by -33.3% against the previous year. Over the period under review, the export price continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2016 when the average export price increased by 49%. As a result, the export price reached the peak level of $737 per ton. From 2017 to 2022, the average export prices failed to regain momentum.
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 Norway ($285 per ton), while the average price for exports to Finland stood at $183 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (-6.7%), while the prices for the other major destinations experienced a decline.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden
Kieserite, epsomite (natural magnesium sulphates) imports into Sweden expanded rapidly to 7.5K tons in 2022, growing by 5.1% compared with the year before. The total import 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 in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank to $3.7M in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 7%. As a result, imports attained the peak of $4M, and then reduced in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.7 | 3.8 | 4.0 | 3.6 | -0.9% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 3.7 | 3.8 | 4.0 | 3.7 | 0.0% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Sweden in 2022:
- Germany (7.5K tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden
Kieserite, epsomite (natural magnesium sulphates) exports from Sweden soared to 120 tons in 2022, increasing by 694% compared with the previous year. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports skyrocketed to $22K in 2022. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1.4 | N/A | N/A | 21.3 | 147.8% |
| Norway | 6.0 | 19.0 | 4.2 | 1.2 | -41.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.4 | 19.0 | 4.2 | 22.4 | 44.7% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Sweden in 2022:
- Finland (116.3 tons)
- Norway (4.2 tons)
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