Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $496 per ton in 2022, jumping by 38% against the previous year. Over the period under review, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, kieserite, epsomite (natural magnesium sulphates) import price increased by +82.5% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($613 per ton), while the price for Poland stood at $435 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.5%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $503 per ton in 2022, surging by 44% against the previous year. In general, the export price continues to indicate mild growth. The pace of growth appeared the most rapid in 2020 an increase of 183%. As a result, the export price attained the peak level of $767 per ton. From 2021 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +4.2% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania
Kieserite, epsomite (natural magnesium sulphates) imports into Lithuania dropped sharply to 847 tons in 2022, with a decrease of -27.9% compared with 2021 figures. In general, imports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. As a result, imports attained the peak of 1.2K tons, and then dropped notably in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank modestly to $420K in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +18.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports reached the peak of $421K, leveling off in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 229 | 175 | 336 | 243 | 2.0% |
| Germany | 26.7 | 49.3 | 84.7 | 177 | 87.9% |
| Others | N/A | 31.2 | 0.1 | N/A | -99.7% |
| Total | 255 | 256 | 421 | 420 | 18.1% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Lithuania in 2022:
- Poland (558.6 tons)
- Germany (288.9 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania
In 2022, exports of kieserite, epsomite (natural magnesium sulphates)s from Lithuania dropped to 6 tons, declining by -14.3% on the previous year. Over the period under review, exports showed a significant curtailment.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports surged to $3K in 2022. Overall, exports faced a sharp downturn.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 0.2 | N/A | 2.4 | 3.0 | 146.6% |
| Sweden | 71.6 | N/A | N/A | N/A | 0% |
| Denmark | N/A | 9.4 | N/A | N/A | 0% |
| Estonia | N/A | 12.1 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 71.8 | 21.5 | 2.4 | 3.0 | -65.3% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Lithuania in 2022:
- Latvia (6.0 tons)
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