Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark - 2023

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (FOB) - 2022
  2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (CIF) - 2022
  3. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark
  4. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (FOB) - 2022

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $699 per ton, jumping by 50% against the previous year. Over the period under review, the export price recorded buoyant growth. The growth pace was the most rapid in 2021 when the average export price increased by 52% against the previous year. The export price peaked in 2022 and is likely to see gradual growth in years to come.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($704 per ton), while the average price for exports to the UK totaled $544 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+6.5%).

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (CIF) - 2022

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $358 per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2019 when the average import price increased by 20%. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($410 per ton), while the price for Germany stood at $358 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.7%).

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark

In 2022, overseas shipments of kieserite, epsomite (natural magnesium sulphates)s decreased by -95.1% to 169 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports saw a sharp setback. The pace of growth appeared the most rapid in 2020 when exports increased by 50%.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports fell markedly to $118K in 2022. Overall, exports saw a dramatic descent. The pace of growth appeared the most rapid in 2021 when exports increased by 106%. As a result, the exports reached the peak of $1.6M, and then reduced notably in the following year.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden6327821,612116-43.2%
United KingdomN/AN/AN/A2.70%
OthersN/A0.41.9N/A375.0%
Total6327821,614118-42.8%

Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Denmark in 2022:

  1. Sweden (164.4 tons)
  2. United Kingdom (5.0 tons)

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark

For the third consecutive year, Denmark recorded decline in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, which decreased by -13.6% to 3.3K tons in 2022. Over the period under review, imports faced a precipitous decrease. The smallest decline of -2.3% was in 2021.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports contracted to $1.2M in 2022. Overall, imports showed a precipitous setback. The smallest decline of -1.5% was in 2021.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Denmark (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.61.41.31.2-9.1%
Netherlands2.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.01.41.31.2-33.1%

Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Denmark in 2022:

  1. Netherlands (undefinedK tons)
  2. Germany (3.3K tons)

Source: IndexBox Market Intelligence Platform

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