Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $285 per ton, flattening at the previous year. Overall, the import price recorded a noticeable decrease. The pace of growth appeared the most rapid in 2013 when the average import price increased by 25% against the previous year. As a result, import price attained the peak level of $445 per ton. From 2014 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malaysia ($402 per ton), while the price for China ($153 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam
Kieserite, epsomite (natural magnesium sulphates) imports into Vietnam dropped remarkably to 13 tons in 2022, which is down by -34.1% against 2021 figures. In general, imports saw a significant contraction. The most prominent rate of growth was recorded in 2021 with an increase of 215% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports contracted remarkably to $3.7K in 2022. Overall, imports faced a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 219% against the previous year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 21.0 | 1.1 | 3.0 | 1.7 | -56.7% |
| United States | N/A | 0.2 | 1.8 | 1.6 | 182.8% |
| Germany | 6.0 | 0.2 | 0.5 | 0.2 | -67.8% |
| China | 26.9 | 0.1 | 0.3 | 0.1 | -84.5% |
| United Kingdom | 1.4 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 0.1 | N/A | -42.3% |
| Total | 55.6 | 1.8 | 5.6 | 3.7 | -59.5% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Vietnam in 2022:
- United States (6.8 tons)
- Malaysia (4.3 tons)
- Germany (1.0 tons)
- China (0.8 tons)
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