Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $4,229 per ton, declining by -3% against the previous year. Overall, import price indicated a notable increase 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 +19.8% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 63% against the previous year. As a result, import price reached the peak level of $4,541 per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Belgium ($5,125 per ton) and South Africa ($4,222 per ton), while the price for the Netherlands ($3,625 per ton) and the United States ($4,071 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain
After three years of growth, overseas purchases of kieserite, epsomite (natural magnesium sulphates)s decreased by -9.4% to 48 kg in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +41.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 29%.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank to $203 in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.2% 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 +69.2% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 46%.
Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bahrain (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Africa | N/A | N/A | N/A | 76.0 | 0% |
United States | 57.0 | 101 | 150 | 57.0 | 0.0% |
Belgium | N/A | N/A | N/A | 41.0 | 0% |
Netherlands | 63.0 | 74.0 | 81.0 | 29.0 | -22.8% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 120 | 175 | 231 | 203 | 19.2% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Bahrain in 2022:
- South Africa (18.0 kg)
- United States (14.0 kg)
- Belgium (8.0 kg)
- Netherlands (8.0 kg)
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