Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $301 per ton, rising by 5.5% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kieserite, epsomite (natural magnesium sulphates) import price increased by +28.5% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 46%. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($380 per ton), while the price for Germany totaled $163 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $4,067 per ton in 2022, with an increase of 168% against the previous year. In general, the export price, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 an increase of 243%. As a result, the export price attained the peak level of $9,512 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($3,091 per ton), while the average price for exports to the United States ($2,749 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 Bangladesh (+19.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia
Kieserite, epsomite (natural magnesium sulphates) imports into Australia reduced to 2K tons in 2022, waning by -6.8% compared with the previous year. In general, imports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 with an increase of 54% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports fell to $607K in 2022. Over the period under review, imports saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 87%.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 743 | 330 | 612 | 487 | -13.1% |
| Germany | 22.5 | N/A | 4.0 | 119 | 74.2% |
| Others | N/A | N/A | 1.4 | 0.9 | -35.7% |
| Total | 766 | 330 | 617 | 607 | -7.5% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Australia in 2022:
- China (1280.7 tons)
- Germany (728.7 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia
After three years of growth, overseas shipments of kieserite, epsomite (natural magnesium sulphates)s decreased by -85% to 9.6 tons in 2022. Over the period under review, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,332% against the previous year. As a result, the exports attained the peak of 64 tons, and then dropped sharply in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports contracted rapidly to $39K in 2022. In general, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 1,751% against the previous year. As a result, the exports reached the peak of $97K, and then declined markedly in the following year.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 4.7 | 2.7 | 9.7 | 17.0 | 53.5% |
| United Arab Emirates | N/A | 2.5 | 5.7 | 7.5 | 73.2% |
| United States | 6.7 | N/A | 10.4 | 3.2 | -21.8% |
| Spain | N/A | N/A | 4.5 | N/A | 0% |
| Ireland | N/A | N/A | 6.6 | N/A | 0% |
| Italy | N/A | N/A | 8.2 | N/A | 0% |
| Others | 0.5 | N/A | 51.8 | 11.2 | 181.9% |
| Total | 11.8 | 5.2 | 97.0 | 38.9 | 48.8% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Australia in 2022:
- New Zealand (5.5 tons)
- United Arab Emirates (2.7 tons)
- United States (1.2 tons)
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