Sulphates; of Magnesium Price in Slovenia - 2023

Contents:

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

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

The average sulphates; of magnesium import price stood at $722 per ton in 2022, remaining constant against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 214% against the previous year. The import price peaked at $741 per ton in 2014; however, from 2015 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 China ($1,216 per ton), while the price for the Netherlands ($355 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+23.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average sulphates; of magnesium export price stood at $1,700 per ton in 2022, picking up by 93% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 136% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($8,667 per ton), while the average price for exports to Austria ($432 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 Italy (+77.5%), while the prices for the other major destinations experienced more modest paces of growth.

Sulphates; of Magnesium Imports in Slovenia

In 2022, purchases abroad of sulphates; of magnesia increased by 0.1% to 237 tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a sharp reduction.

In value terms, sulphates; of magnesium imports declined modestly to $171K in 2022. Overall, imports, however, showed a dramatic descent.

Import of Sulphates; of Magnesium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany85.010186.561.6-10.2%
Netherlands11.610.521.826.331.4%
China51535921.924.3-63.9%
Poland2.2N/A8.813.884.4%
Turkey6.16.2N/A11.222.5%
Czech Republic0.30.51.24.0137.1%
Hungary0.51.64.53.998.3%
Others42.728.427.525.8-15.5%
Total663507172171-36.3%

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

  1. Germany (77.3 tons)
  2. Netherlands (74.2 tons)
  3. Poland (25.1 tons)
  4. Turkey (24.0 tons)
  5. China (20.0 tons)
  6. Czech Republic (4.7 tons)
  7. Hungary (4.4 tons)

Sulphates; of Magnesium Exports in Slovenia

For the third year in a row, Slovenia recorded decline in overseas shipments of sulphates; of magnesia, which decreased by -65.3% to 23 tons in 2022. In general, exports recorded a dramatic descent. The smallest decline of -39.8% was in 2020.

In value terms, sulphates; of magnesium exports plummeted to $40K in 2022. Overall, exports faced a precipitous decrease.

Export of Sulphates; of Magnesium in Slovenia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy23.831.121.924.51.0%
Croatia16.422.85.97.1-24.4%
Serbia1.51.36.54.847.4%
Bosnia and Herzegovina1.01.92.81.923.9%
Germany6622210.80.5-90.9%
Hungary6.2151N/A0.2-68.2%
BulgariaN/A13.7N/AN/A0%
Slovakia6.06.2N/AN/A3.3%
Austria81.52.32.2N/A-83.6%
France28.0N/AN/AN/A0%
Others0.29.119.20.644.2%
Total82646059.239.7-63.6%

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

  1. Hungary (undefined tons)
  2. Austria (undefined tons)
  3. Italy (15.1 tons)
  4. Croatia (5.5 tons)
  5. Serbia (1.1 tons)
  6. Bosnia and Herzegovina (0.7 tons)
  7. Germany (0.4 tons)

Source: IndexBox Market Intelligence Platform

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