Sulphates; of Magnesium Price in Germany - 2023

Contents:

  1. Sulphates; of Magnesium Price in Germany (FOB) - 2022
  2. Sulphates; of Magnesium Price in Germany (CIF) - 2022
  3. Sulphates; of Magnesium Exports in Germany
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Finland14.816.718.312.0-6.8%
France8.58.49.310.78.0%
Netherlands4.65.58.67.919.8%
Poland4.34.75.67.017.6%
Sweden6.36.15.56.0-1.6%
United Kingdom5.25.46.95.94.3%
Belgium4.65.06.35.77.4%
Austria3.33.44.04.510.9%
Czech Republic3.43.24.34.27.3%
Spain3.43.64.24.16.4%
Italy2.73.04.33.610.1%
Thailand2.73.02.92.3-5.2%
China0.13.14.71.9166.8%
Others23.525.630.030.08.5%
Total87.496.71151066.6%

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

  1. Finland (31.3K tons)
  2. France (29.1K tons)
  3. Netherlands (21.7K tons)
  4. Sweden (18.9K tons)
  5. Poland (17.6K tons)
  6. Belgium (14.0K tons)
  7. United Kingdom (13.6K tons)
  8. Austria (10.8K tons)
  9. Czech Republic (10.7K tons)
  10. Italy (9.7K tons)
  11. Spain (8.9K tons)
  12. Thailand (6.5K tons)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
China8544771,293846-0.3%
Netherlands699249446596-5.2%
United States420350278312-9.4%
Japan426216267240-17.4%
Czech Republic226369144186-6.3%
France29216.940.588.5-32.8%
Belgium12175.474.484.5-11.3%
Poland18330115970.6-27.2%
India15660.739.845.1-33.9%
IndonesiaN/A53.520.3N/A-62.1%
Others283107308203-10.5%
Total3,6602,2753,0692,672-10.0%

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

  1. Netherlands (2060.3 tons)
  2. China (1080.1 tons)
  3. United States (263.0 tons)
  4. India (227.0 tons)
  5. Poland (184.7 tons)
  6. Czech Republic (150.7 tons)
  7. Japan (141.7 tons)
  8. France (128.3 tons)
  9. Belgium (80.1 tons)

Source: IndexBox Market Intelligence Platform

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