Sulphates; of Magnesium Price in the Netherlands - 2023
Contents:
- Sulphates; of Magnesium Price in the Netherlands (CIF) - 2023
- Sulphates; of Magnesium Price in the Netherlands (FOB) - 2023
- Sulphates; of Magnesium Imports in the Netherlands
- Sulphates; of Magnesium Exports in the Netherlands
Sulphates; of Magnesium Price in the Netherlands (CIF) - 2023
The average sulphates; of magnesium import price stood at $424 per ton in June 2023, growing by 16% against the previous month. Overall, the import price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in February 2023 an increase of 67% month-to-month. Over the period under review, average import prices reached the peak figure at $557 per ton in June 2022; however, from July 2022 to June 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Belgium ($600 per ton), while the price for India ($287 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 France (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Magnesium Price in the Netherlands (FOB) - 2023
The average sulphates; of magnesium export price stood at $400 per ton in June 2023, shrinking by -3.5% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in October 2022 an increase of 419% against the previous month. Over the period under review, the average export prices hit record highs at $473 per ton in April 2023; however, from May 2023 to June 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was France ($621 per ton), while the average price for exports to Germany ($312 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (+5.4%), while the prices for the other major destinations experienced mixed trend patterns.
Sulphates; of Magnesium Imports in the Netherlands
In 2022, purchases abroad of sulphates; of magnesia decreased by -3.3% to 68K tons, falling for the second year in a row after two years of growth. Over the period under review, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -3.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 63% against the previous year. As a result, imports reached the peak of 70K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, sulphates; of magnesium imports expanded slightly to $22M in 2022. The total import value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 24% against the previous year. As a result, imports attained the peak of $23M. From 2021 to 2022, the growth of imports failed to regain momentum.
| Import of Sulphates; of Magnesium in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.8 | 4.9 | 5.2 | 10.3 | 78.9% |
| Germany | 3.7 | 6.2 | 9.0 | 5.0 | 10.6% |
| Belgium | 2.1 | 1.8 | 2.3 | 2.7 | 8.7% |
| India | 2.5 | 1.4 | 2.1 | 1.6 | -13.8% |
| France | 6.3 | 6.8 | 1.8 | 1.3 | -40.9% |
| Poland | 0.5 | 0.6 | 0.1 | 0.5 | 0.0% |
| Others | 1.2 | 0.9 | 0.6 | 0.5 | -25.3% |
| Total | 18.1 | 22.5 | 21.2 | 21.9 | 6.6% |
Top Suppliers of Sulphates; of Magnesium to the Netherlands in 2022:
- China (42.4K tons)
- Germany (10.7K tons)
- Belgium (5.7K tons)
- India (4.6K tons)
- France (2.0K tons)
- Poland (1.1K tons)
Sulphates; of Magnesium Exports in the Netherlands
In 2022, shipments abroad of sulphates; of magnesia decreased by -9.2% to 33K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 110%.
In value terms, sulphates; of magnesium exports fell to $7.2M in 2022. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 93% against the previous year.
| Export of Sulphates; of Magnesium in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.5 | 3.3 | 3.7 | 3.5 | 91.3% |
| Belgium | 0.6 | 0.8 | 1.9 | 1.9 | 46.8% |
| Germany | 0.9 | 0.6 | 0.6 | 0.7 | -8.0% |
| United Kingdom | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
| Italy | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Others | 0.8 | 1.2 | 2.1 | 0.5 | -14.5% |
| Total | 3.1 | 6.1 | 8.4 | 7.2 | 32.4% |
Top Export Markets for Sulphates; of Magnesium from the Netherlands in 2022:
- France (16.7K tons)
- Belgium (11.1K tons)
- Germany (2.0K tons)
- Italy (0.9K tons)
- United Kingdom (0.8K tons)
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