Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $345 per ton in 2022, therefore, remained relatively stable against the previous year. In general, the import price showed a moderate expansion. The growth pace was the most rapid in 2019 when the average import price increased by 22% against the previous year. The import price peaked at $390 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 +2.3% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $646 per ton in 2022, with an increase of 31% against the previous year. Overall, the export price saw a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for South Africa.
From 2017 to 2022, the rate of growth in terms of prices for the UK amounted to +19.3% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland
In 2022, imports of kieserite, epsomite (natural magnesium sulphates)s into Ireland was estimated at 2.7K tons, therefore, remained relatively stable against the previous year. Overall, imports continue to indicate significant growth. The smallest decline of -37.4% was in 2020. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports totaled $934K in 2022. In general, imports saw significant growth. The smallest decline of -37.8% was in 2020. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 278 | 173 | N/A | 914 | 48.7% |
| China | 28.5 | 14.4 | N/A | 14.3 | -20.5% |
| Others | 0.6 | 3.5 | N/A | 5.3 | 106.7% |
| Total | 307 | 191 | N/A | 934 | 44.9% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Ireland in 2022:
- Germany (2667.2 tons)
- China (40.1 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland
In 2022, after two years of decline, there was significant decline in overseas shipments of kieserite, epsomite (natural magnesium sulphates)s, when their volume decreased by -25.6% to 8.2 tons. Overall, exports faced a sharp descent.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports shrank modestly to $5.3K in 2022. In general, exports saw a deep slump.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | N/A | N/A | N/A | 5.3 | 0% |
| Netherlands | 8.8 | N/A | 0.5 | N/A | -76.2% |
| United Kingdom | N/A | N/A | 4.9 | N/A | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 8.9 | N/A | 5.4 | 5.3 | -15.9% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Ireland in 2022:
- South Africa (8.2 tons)
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