Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $250 per ton, declining by -5.1% against the previous year. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in 2014 an increase of 17% against the previous year. The import price peaked at $283 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($265 per ton), while the price for China totaled $169 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.8%).
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia
In 2022, after three years of growth, there was decline in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, when their volume decreased by -1% to 34K tons. The total import volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 34% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports contracted to $8.6M in 2022. The total import value increased at an average annual rate of +9.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Colombia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.1 | 3.7 | 3.9 | 3.8 | 7.0% |
| China | 0.4 | 0.7 | 0.9 | 0.9 | 31.0% |
| Others | 3.1 | 3.6 | 4.3 | 3.8 | 7.0% |
| Total | 6.6 | 8.0 | 9.1 | 8.6 | 9.2% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Colombia in 2022:
- Germany (14.4K tons)
- China (5.3K tons)
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