Sulphates; of Magnesium Price in Slovakia - 2023
Contents:
- Sulphates; of Magnesium Price in Slovakia (CIF) - 2022
- Sulphates; of Magnesium Price in Slovakia (FOB) - 2022
- Sulphates; of Magnesium Imports in Slovakia
- Sulphates; of Magnesium Exports in Slovakia
Sulphates; of Magnesium Price in Slovakia (CIF) - 2022
The average sulphates; of magnesium import price stood at $472 per ton in 2022, with an increase of 5.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2020 when the average import price increased by 37% against the previous year. Over the period under review, average import prices reached the maximum at $485 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($751 per ton), while the price for Poland ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Magnesium Price in Slovakia (FOB) - 2022
The average sulphates; of magnesium export price stood at $802 per ton in 2022, waning by -12.3% against the previous year. Over the period under review, the export price, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 328%. As a result, the export price attained the peak level of $1,792 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($2,277 per ton), while the average price for exports to Hungary ($441 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 Romania (+23.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Slovakia
In 2022, approx. 879 tons of sulphates; of magnesia were imported into Slovakia; falling by -21.2% on 2021 figures. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its volume increased at an average annual rate of +3.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +25.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 59% against the previous year. As a result, imports attained the peak of 1.1K tons, and then declined remarkably in the following year.
In value terms, sulphates; of magnesium imports fell remarkably to $415K in 2022. Overall, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +50.9% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. As a result, imports attained the peak of $498K, and then dropped rapidly in the following year.
| Import of Sulphates; of Magnesium in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 55.8 | 90.0 | 133 | 149 | 38.7% |
| Czech Republic | 112 | 190 | 211 | 101 | -3.4% |
| Germany | 65.9 | 40.6 | 136 | 101 | 15.3% |
| Hungary | 4.1 | N/A | 13.9 | 14.5 | 52.4% |
| Others | 36.7 | 11.1 | 3.6 | 48.6 | 9.8% |
| Total | 275 | 332 | 498 | 415 | 14.7% |
Top Suppliers of Sulphates; of Magnesium to Slovakia in 2022:
- Poland (437.0 tons)
- Germany (259.1 tons)
- Czech Republic (134.2 tons)
- Hungary (28.2 tons)
Sulphates; of Magnesium Exports in Slovakia
In 2022, approx. 7.8 tons of sulphates; of magnesia were exported from Slovakia; picking up by 49% on the previous year. Over the period under review, exports, however, saw a sharp decrease.
In value terms, sulphates; of magnesium exports surged to $6.2K in 2022. Overall, exports, however, recorded a sharp curtailment.
| Export of Sulphates; of Magnesium in Slovakia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 50.2 | N/A | N/A | 5.5 | -52.1% |
| Croatia | 0.3 | N/A | N/A | 0.3 | 0.0% |
| Hungary | 0.3 | 1.0 | 2.2 | 0.1 | -30.7% |
| Others | 1.1 | 6.7 | 2.6 | 0.3 | -35.2% |
| Total | 51.9 | 7.7 | 4.8 | 6.2 | -50.7% |
Top Export Markets for Sulphates; of Magnesium from Slovakia in 2022:
- Romania (7.2 tons)
- Hungary (0.3 tons)
- Croatia (0.2 tons)
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