Sulphates; of Magnesium Price in France - 2023

Contents:

  1. Sulphates; of Magnesium Price in France (CIF) - 2022
  2. Sulphates; of Magnesium Price in France (FOB) - 2022
  3. Sulphates; of Magnesium Imports in France
  4. Sulphates; of Magnesium Exports in France

Sulphates; of Magnesium Price in France (CIF) - 2022

In 2022, the average sulphates; of magnesium import price amounted to $303 per ton, waning by -12.1% against the previous year. Over the period under review, the import price recorded a pronounced slump. The pace of growth appeared the most rapid in 2021 an increase of 19% against the previous year. Over the period under review, average import prices reached the peak figure at $433 per ton in 2012; however, from 2013 to 2022, 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 the Netherlands ($388 per ton), while the price for China ($148 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-0.1%), while the prices for the other major suppliers experienced a decline.

Sulphates; of Magnesium Price in France (FOB) - 2022

The average sulphates; of magnesium export price stood at $279 per ton in 2022, increasing by 2% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 when the average export price increased by 28% against the previous year. The export price peaked at $296 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($443 per ton), while the average price for exports to the Netherlands ($183 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 Switzerland (+4.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Magnesium Imports in France

In 2022, sulphates; of magnesium imports into France expanded markedly to 48K tons, with an increase of 10% on the previous year's figure. The total import volume increased at an average annual rate of +8.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 31% against the previous year. As a result, imports reached the peak of 49K tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, sulphates; of magnesium imports shrank modestly to $15M in 2022. The total import value increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 21% against the previous year.

Import of Sulphates; of Magnesium in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.58.110.29.68.6%
Belgium0.71.51.61.528.9%
China1.42.00.11.1-7.7%
Netherlands0.50.80.90.817.0%
Spain0.50.30.40.4-7.2%
India0.30.30.20.2-12.6%
Others0.71.11.61.012.6%
Total11.714.115.014.57.4%

Top Suppliers of Sulphates; of Magnesium to France in 2022:

  1. Germany (25.8K tons)
  2. Belgium (8.6K tons)
  3. China (7.2K tons)
  4. Netherlands (2.1K tons)
  5. Spain (1.7K tons)
  6. India (1.1K tons)

Sulphates; of Magnesium Exports in France

In 2022, sulphates; of magnesium exports from France rose notably to 11K tons, increasing by 7.2% on the year before. The total export volume increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 39%. As a result, the exports attained the peak of 11K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, sulphates; of magnesium exports expanded rapidly to $2.9M in 2022. The total export value increased at an average annual rate of +10.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 47%. As a result, the exports attained the peak of $3.2M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Sulphates; of Magnesium in France (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium5831,2331,3361,28430.1%
Netherlands789369722694-4.2%
Hungary31824286.5205-13.6%
United Kingdom1.25997.7193443.8%
Switzerland91.614414313714.4%
Italy58.610347.666.34.2%
Austria0.32000.163.5496.0%
Germany48.518.230.630.9-14.0%
Others285287318269-1.9%
Total2,1753,1952,6922,94410.6%

Top Export Markets for Sulphates; of Magnesium from France in 2022:

  1. Belgium (4.1K tons)
  2. Netherlands (3.8K tons)
  3. Hungary (0.8K tons)
  4. United Kingdom (0.7K tons)
  5. Switzerland (0.3K tons)
  6. Austria (0.3K tons)
  7. Italy (0.2K tons)
  8. Germany (0.2K tons)

Source: IndexBox Market Intelligence Platform

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