Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $397 per ton, growing by 17% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.1% 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 +132.1% against 2019 indices. The pace of growth was the most pronounced in 2020 an increase of 90% against the previous year. The import price peaked in 2022 and is likely to see steady growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +1.1% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria
In 2022, kieserite, epsomite (natural magnesium sulphates) imports into Bulgaria dropped to 620 tons, which is down by -13.9% compared with 2021. Over the period under review, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 when imports increased by 273% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports stood at $246K in 2022. Overall, imports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 289%.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Bulgaria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 185 | 62.6 | 245 | 246 | 10.0% |
| Spain | 671 | N/A | N/A | N/A | 0% |
| Others | 0.2 | 0.4 | N/A | 0.5 | 35.7% |
| Total | 855 | 63.0 | 245 | 246 | -34.0% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Bulgaria in 2022:
- Germany (620.1 tons)
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