Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $416 per ton in 2022, with an increase of 40% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 +1.9% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $1,987 per ton in 2022, almost unchanged from the previous year. Overall, the export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 56% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major export destination, the average price level is determined by prices for Albania.
From 2012 to 2022, the rate of growth in terms of prices for Albania amounted to -1.0% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Greece dropped remarkably to 625 tons, which is down by -63% against the previous year's figure. Over the period under review, imports showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 468%. As a result, imports reached the peak of 1.7K tons, and then dropped rapidly in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank sharply to $260K in 2022. In general, imports recorded a pronounced slump. The pace of growth was the most pronounced in 2021 when imports increased by 476%. As a result, imports reached the peak of $502K, and then contracted notably in the following year.
Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 216 | 67.3 | 438 | 260 | 6.4% |
China | 73.6 | 17.6 | 63.8 | N/A | -6.9% |
Others | 1.9 | 2.2 | N/A | N/A | 15.8% |
Total | 291 | 87.1 | 502 | 260 | -3.7% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Greece in 2022:
- Germany (625.1 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece
In 2022, overseas shipments of kieserite, epsomite (natural magnesium sulphates)s decreased by 0% to 300 kg, falling for the second consecutive year after two years of growth. Overall, exports continue to indicate a dramatic contraction. The pace of growth appeared the most rapid in 2020 with an increase of 276% against the previous year. As a result, the exports reached the peak of 4.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports stood at $596 in 2022. Over the period under review, exports recorded prominent growth. The most prominent rate of growth was recorded in 2020 with an increase of 485% against the previous year. As a result, the exports reached the peak of $2.1K. From 2021 to 2022, the growth of the exports failed to regain momentum.
Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Greece (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Albania | N/A | 1,758 | N/A | 596 | -41.8% |
Bulgaria | N/A | 358 | N/A | N/A | 0% |
Cyprus | 362 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 362 | 2,116 | N/A | 596 | 18.1% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Greece in 2022:
- Albania (300.0 kg)
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