Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in India - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in India (FOB) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in India (CIF) - 2022
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in India
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in India
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in India (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $862 per ton in 2022, with a decrease of -9% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 59%. As a result, the export price attained the peak level of $947 per ton, and then declined in the following year.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($3,594 per ton), while the average price for exports to the UK ($235 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+106.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in India (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $227 per ton in 2022, rising by 18% against the previous year. In general, the import price, however, showed a noticeable decline. Over the period under review, average import prices attained the maximum at $277 per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat 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 ($249 per ton), while the price for Turkey amounted to $175 per ton.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+36.1%).
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in India
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s exported from India fell to 9.5 tons, waning by -14.3% compared with 2021. In general, exports saw a sharp decline.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports reduced markedly to $8.2K in 2022. Over the period under review, exports continue to indicate a sharp downturn.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 1.1 | 0.6 | 0.1 | 3.9 | 52.5% |
| Qatar | 0.2 | 0.5 | 0.2 | 1.9 | 111.8% |
| Japan | N/A | N/A | N/A | 1.5 | 0% |
| United Arab Emirates | N/A | N/A | N/A | 0.7 | 0% |
| United Kingdom | 0.1 | N/A | N/A | 0.1 | 0.0% |
| South Korea | 1.3 | 1.0 | 0.4 | N/A | -44.5% |
| Malaysia | 2.1 | 1.7 | 0.7 | N/A | -42.3% |
| Nepal | 1.6 | 0.5 | 0.1 | N/A | -75.0% |
| Oman | 2.3 | 2.1 | 0.9 | N/A | -37.4% |
| Yemen | 0.3 | 0.3 | N/A | N/A | 0.0% |
| United States | 12.1 | 6.0 | 6.4 | N/A | -27.3% |
| Canada | 0.5 | 0.2 | 1.0 | N/A | 41.4% |
| Others | 4.2 | 1.5 | 0.7 | N/A | -59.2% |
| Total | 25.7 | 14.4 | 10.5 | 8.2 | -31.7% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from India in 2022:
- Bangladesh (5.0 tons)
- Japan (3.0 tons)
- Qatar (0.9 tons)
- United Kingdom (0.5 tons)
- United Arab Emirates (0.2 tons)
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in India
For the third year in a row, India recorded growth in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, which increased by 13,831% to 279 tons in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports skyrocketed to $63K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | N/A | N/A | 48.9 | 0% | |
| Turkey | N/A | N/A | 14.1 | 0% | |
| Others | N/A | 0.4 | 0.3 | -25.0% | |
| Total | N/A | 0.4 | 63.4 | 15750.0% | |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to India in 2022:
- Germany (196.0 tons)
- Turkey (81.0 tons)
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