Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $492 per ton, with an increase of 21% against the previous year. In general, the import price, however, showed a slight setback. The pace of growth was the most pronounced in 2021 when the average import price increased by 27%. Over the period under review, average import prices reached the maximum at $563 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($497 per ton), while the price for Austria totaled $352 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-1.1%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (FOB) - 2022
In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $336 per ton, dropping by -14.9% against the previous year. Overall, the export price continues to indicate a sharp descent. The most prominent rate of growth was recorded in 2021 when the average export price increased by 42% against the previous year. The export price peaked at $1,033 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Romania.
From 2019 to 2022, the rate of growth in terms of prices for Romania amounted to +12.8% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary
In 2022, purchases abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -28.3% to 769 tons, falling for the second year in a row after two years of growth. In general, imports, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 when imports increased by 119%. As a result, imports reached the peak of 1.3K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports declined to $379K in 2022. Over the period under review, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 102%.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 204 | 406 | 436 | 370 | 22.0% |
| Austria | 0.1 | 7.2 | N/A | 8.5 | 339.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 204 | 413 | 436 | 379 | 22.9% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Hungary in 2022:
- Germany (744.7 tons)
- Austria (24.0 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s exported from Hungary declined to 8.5 tons, with a decrease of -11.7% against 2021 figures. Overall, exports saw a sharp decrease. The growth pace was the most rapid in 2021 when exports increased by 3,077% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports fell remarkably to $2.9K in 2022. Over the period under review, exports showed a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 4,418% against the previous year.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | N/A | 0.1 | 3.0 | 2.9 | 438.5% |
| Netherlands | 28.9 | N/A | 0.8 | N/A | -83.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 28.9 | 0.1 | 3.8 | 2.9 | -53.5% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Hungary in 2022:
- Romania (8.5 tons)
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