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

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Kazakhstan (CIF) - 2022
  2. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Kazakhstan

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

In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $258 per ton, remaining stable against the previous year. Over the period under review, the import price, however, saw a noticeable reduction. The most prominent rate of growth was recorded in 2018 an increase of 45%. The import price peaked at $429 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -3.2% per year.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, when their volume decreased by -8.3% to 57 tons. The total import volume increased at an average annual rate of +9.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. As a result, imports reached the peak of 63 tons, and then contracted in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports dropped to $15K in 2022. The total import value increased at an average annual rate of +9.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 20% against the previous year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Kazakhstan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia11.313.516.214.99.7%
OthersN/AN/AN/AN/A0%
Total11.313.516.214.99.7%

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

  1. Russia (57.5 tons)

Source: IndexBox Market Intelligence Platform

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