Sulphates; of Magnesium Price in Germany - 2023
Contents:
- Sulphates; of Magnesium Price in Germany (FOB) - 2022
- Sulphates; of Magnesium Price in Germany (CIF) - 2022
- Sulphates; of Magnesium Exports in Germany
- Sulphates; of Magnesium Imports in Germany
Sulphates; of Magnesium Price in Germany (FOB) - 2022
The average sulphates; of magnesium export price stood at $402 per ton in 2022, declining by -2.4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 4.6% against the previous year. Over the period under review, the average export prices reached the maximum at $425 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Spain ($463 per ton) and the UK ($433 per ton), while the average price for exports to China ($316 per ton) and Sweden ($318 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Price in Germany (CIF) - 2022
In 2022, the average sulphates; of magnesium import price amounted to $597 per ton, rising by 3.4% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 26%. The import price peaked at $603 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($1,695 per ton), while the price for India ($199 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Magnesium Exports in Germany
In 2022, overseas shipments of sulphates; of magnesia decreased by -5.7% to 263K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports reached the peak of 279K tons, and then fell in the following year.
In value terms, sulphates; of magnesium exports dropped to $106M in 2022. The total export value increased at an average annual rate of +6.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 19%. As a result, the exports reached the peak of $115M, and then fell in the following year.
Export of Sulphates; of Magnesium in Germany (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Finland | 14.8 | 16.7 | 18.3 | 12.0 | -6.8% |
France | 8.5 | 8.4 | 9.3 | 10.7 | 8.0% |
Netherlands | 4.6 | 5.5 | 8.6 | 7.9 | 19.8% |
Poland | 4.3 | 4.7 | 5.6 | 7.0 | 17.6% |
Sweden | 6.3 | 6.1 | 5.5 | 6.0 | -1.6% |
United Kingdom | 5.2 | 5.4 | 6.9 | 5.9 | 4.3% |
Belgium | 4.6 | 5.0 | 6.3 | 5.7 | 7.4% |
Austria | 3.3 | 3.4 | 4.0 | 4.5 | 10.9% |
Czech Republic | 3.4 | 3.2 | 4.3 | 4.2 | 7.3% |
Spain | 3.4 | 3.6 | 4.2 | 4.1 | 6.4% |
Italy | 2.7 | 3.0 | 4.3 | 3.6 | 10.1% |
Thailand | 2.7 | 3.0 | 2.9 | 2.3 | -5.2% |
China | 0.1 | 3.1 | 4.7 | 1.9 | 166.8% |
Others | 23.5 | 25.6 | 30.0 | 30.0 | 8.5% |
Total | 87.4 | 96.7 | 115 | 106 | 6.6% |
Top Export Markets for Sulphates; of Magnesium from Germany in 2022:
- Finland (31.3K tons)
- France (29.1K tons)
- Netherlands (21.7K tons)
- Sweden (18.9K tons)
- Poland (17.6K tons)
- Belgium (14.0K tons)
- United Kingdom (13.6K tons)
- Austria (10.8K tons)
- Czech Republic (10.7K tons)
- Italy (9.7K tons)
- Spain (8.9K tons)
- Thailand (6.5K tons)
- China (6.0K tons)
Sulphates; of Magnesium Imports in Germany
In 2022, the amount of sulphates; of magnesia imported into Germany fell remarkably to 4.5K tons, dropping by -15.8% on the previous year's figure. Over the period under review, imports saw a dramatic contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 19%.
In value terms, sulphates; of magnesium imports declined to $2.7M in 2022. In general, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 35%.
Import of Sulphates; of Magnesium in Germany (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 854 | 477 | 1,293 | 846 | -0.3% |
Netherlands | 699 | 249 | 446 | 596 | -5.2% |
United States | 420 | 350 | 278 | 312 | -9.4% |
Japan | 426 | 216 | 267 | 240 | -17.4% |
Czech Republic | 226 | 369 | 144 | 186 | -6.3% |
France | 292 | 16.9 | 40.5 | 88.5 | -32.8% |
Belgium | 121 | 75.4 | 74.4 | 84.5 | -11.3% |
Poland | 183 | 301 | 159 | 70.6 | -27.2% |
India | 156 | 60.7 | 39.8 | 45.1 | -33.9% |
Indonesia | N/A | 53.5 | 20.3 | N/A | -62.1% |
Others | 283 | 107 | 308 | 203 | -10.5% |
Total | 3,660 | 2,275 | 3,069 | 2,672 | -10.0% |
Top Suppliers of Sulphates; of Magnesium to Germany in 2022:
- Netherlands (2060.3 tons)
- China (1080.1 tons)
- United States (263.0 tons)
- India (227.0 tons)
- Poland (184.7 tons)
- Czech Republic (150.7 tons)
- Japan (141.7 tons)
- France (128.3 tons)
- Belgium (80.1 tons)
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