Sulphates; of Magnesium Price in Poland - 2023
Contents:
- Sulphates; of Magnesium Price in Poland (FOB) - 2022
- Sulphates; of Magnesium Price in Poland (CIF) - 2023
- Sulphates; of Magnesium Exports in Poland
- Sulphates; of Magnesium Imports in Poland
Sulphates; of Magnesium Price in Poland (FOB) - 2022
The average sulphates; of magnesium export price stood at $236 per ton in 2022, with a decrease of -2.8% against the previous year. Overall, the export price recorded a pronounced slump. The most prominent rate of growth was recorded in 2018 an increase of 16%. Over the period under review, the average export prices attained the maximum at $317 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($512 per ton), while the average price for exports to Ukraine ($190 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 Germany (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Price in Poland (CIF) - 2023
The average sulphates; of magnesium import price stood at $381 per ton in June 2023, growing by 62% against the previous month. Overall, the import price, however, recorded a pronounced decrease. The most prominent rate of growth was recorded in March 2023 when the average import price increased by 110% m-o-m. Over the period under review, average import prices hit record highs at $764 per ton in August 2022; however, from September 2022 to June 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($589 per ton), while the price for China ($181 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+1.4%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Magnesium Exports in Poland
Sulphates; of magnesium exports from Poland contracted to 40K tons in 2022, which is down by -9.7% against 2021 figures. The total export volume increased at an average annual rate of +3.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of 44K tons, and then fell in the following year.
In value terms, sulphates; of magnesium exports reduced to $9.5M in 2022. The total export value increased at an average annual rate of +4.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 32% against the previous year. As a result, the exports reached the peak of $11M, and then dropped in the following year.
| Export of Sulphates; of Magnesium in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ukraine | 5.0 | 4.7 | 6.8 | 5.2 | 1.3% |
| Czech Republic | 1.1 | 0.7 | 0.7 | 0.8 | -10.1% |
| Hungary | 0.3 | 0.1 | 0.2 | 0.8 | 38.7% |
| Netherlands | 0.2 | N/A | 0.1 | 0.5 | 35.7% |
| Italy | 0.1 | 0.2 | 0.2 | 0.4 | 58.7% |
| Greece | N/A | N/A | N/A | 0.3 | 0% |
| Lithuania | 0.3 | 0.6 | 0.6 | 0.3 | 0.0% |
| Others | 1.4 | 1.7 | 2.1 | 1.1 | -7.7% |
| Total | 8.4 | 8.1 | 10.8 | 9.5 | 4.2% |
Top Export Markets for Sulphates; of Magnesium from Poland in 2022:
- Ukraine (27.1K tons)
- Czech Republic (2.8K tons)
- Hungary (2.7K tons)
- Italy (1.1K tons)
- Lithuania (1.1K tons)
- Netherlands (1.0K tons)
- Greece (0.9K tons)
Sulphates; of Magnesium Imports in Poland
In 2022, approx. 47K tons of sulphates; of magnesia were imported into Poland; picking up by 40% on the year before. Over the period under review, total imports indicated a temperate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -22.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 49%. As a result, imports attained the peak of 60K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of magnesium imports rose notably to $10M in 2022. The total import value increased at an average annual rate of +6.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 34% against the previous year. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Sulphates; of Magnesium in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 0.6 | 0.8 | 0.1 | 4.2 | 91.3% |
| Germany | 3.8 | 3.9 | 5.3 | 4.2 | 3.4% |
| China | 3.8 | 6.2 | 3.0 | 1.1 | -33.8% |
| Belgium | N/A | 0.2 | 0.1 | 0.4 | 41.4% |
| Others | 0.2 | 0.3 | 0.7 | 0.5 | 35.7% |
| Total | 8.5 | 11.4 | 9.4 | 10.4 | 7.0% |
Top Suppliers of Sulphates; of Magnesium to Poland in 2022:
- India (23.5K tons)
- Germany (16.6K tons)
- China (5.2K tons)
- Belgium (0.7K tons)
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