Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic - 2023

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (CIF) - 2023
  2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (FOB) - 2022
  3. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic
  4. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (CIF) - 2023

In August 2023, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $342 per ton, picking up by 3.5% against the previous month. In general, the import price, however, saw a slight shrinkage. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 12% month-to-month. Over the period under review, average import prices hit record highs at $443 per ton in April 2023; however, from May 2023 to August 2023, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Germany.

From August 2022 to August 2023, the rate of growth in terms of prices for Poland amounted to +2.1% per month.

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (FOB) - 2022

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $1,071 per ton, growing by 328% against the previous year. Overall, the export price, however, showed a sharp shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 75,207% against the previous year. The export price peaked at $481,000 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($1,172 per ton), while the average price for exports to Slovakia stood at $233 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+5.4%).

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic

In 2022, supplies from abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -6.7% to 10K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +10.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 11K tons, and then declined in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $4.2M in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,7251,9302,8123,96732.0%
Poland25120.257.0104-25.4%
Austria24.113818495.458.2%
Others1.981.816771.4235.0%
Total2,0022,1693,2204,23828.4%

Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to the Czech Republic in 2022:

  1. Germany (8.9K tons)
  2. Austria (0.7K tons)
  3. Poland (0.6K tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic

In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s exported from the Czech Republic surged to 54 tons, jumping by 657% on the previous year. Overall, exports recorded significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports soared to $58K in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Czech Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A56.30%
Slovakia0.41.51.71.348.1%
OthersN/AN/AN/A0.10%
Total0.41.51.857.7424.5%

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

  1. Netherlands (48.0 tons)
  2. Slovakia (5.8 tons)

Source: IndexBox Market Intelligence Platform

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