Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait - 2021
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $632 per ton, rising by 19% against the previous year. In general, the import price, however, recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 when the average import price increased by 92%. The import price peaked at $792 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($5,293 per ton), while the price for Germany ($488 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+73.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Kuwait fell modestly to 9.9 tons, declining by -4.7% against 2021. Overall, imports showed a precipitous setback. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports amounted to $6.2K in 2022. In general, imports saw a sharp curtailment.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4.5 | 2.5 | 3.8 | 4.4 | -0.7% |
| India | 1.7 | 0.5 | 1.1 | 1.3 | -8.6% |
| United States | 0.7 | 0.3 | 0.4 | 0.4 | -17.0% |
| China | 12.3 | N/A | N/A | N/A | 0% |
| United Kingdom | N/A | 2.2 | N/A | N/A | 0% |
| Others | 0.2 | 1.5 | 0.2 | 0.2 | 0.0% |
| Total | 19.4 | 7.0 | 5.5 | 6.2 | -31.6% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Kuwait in 2022:
- Germany (9.0 tons)
- United States (0.5 tons)
- India (0.2 tons)
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