Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand - 2023

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand (CIF) - 2022
  2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand (FOB) - 2022
  3. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand
  4. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand

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

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $344 per ton in 2022, surging by 20% against the previous year. Over the period under review, the import price, however, showed a noticeable decline. The most prominent rate of growth was recorded in 2021 when the average import price increased by 24% against the previous year. The import price peaked at $445 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($344 per ton), while the price for China stood at $344 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.3%).

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand (FOB) - 2022

The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $287 per ton in 2022, growing by 7.3% against the previous year. In general, the export price, however, showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by 17%. As a result, the export price reached the peak level of $712 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($287 per ton), while the average price for exports to Cook Islands ($287 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 the UK (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand

In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into New Zealand skyrocketed to 6.5K tons, rising by 60% compared with 2021 figures. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 259% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $2.2M in 2022. Over the period under review, imports showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 344%. Imports peaked in 2022 and are likely to continue growth in years to come.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1990.18841,59099.9%
China30225927664929.0%
Others0.52.52.01.544.2%
Total5022621,1622,24164.7%

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

  1. Germany (4.6K tons)
  2. China (1.9K tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand

In 2022, shipments abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -72.2% to 2.4 tons, falling for the second year in a row after two years of growth. In general, exports, however, saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 911% against the previous year. As a result, the exports attained the peak of 11 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports shrank sharply to $687 in 2022. Overall, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2020 with an increase of 933%. As a result, the exports attained the peak of $2.9K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in New Zealand (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cook Islands23.045140.0430165.4%
Hong Kong SARN/AN/AN/A1520%
Papua New GuineaN/AN/AN/A99.00%
French Polynesia236N/AN/AN/A0%
TongaN/A2,3762,258N/A-5.0%
Others17.023.07.06.0-29.3%
Total2762,8502,30568735.5%

Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from New Zealand in 2022:

  1. Cook Islands (1498.0 kg)
  2. Hong Kong SAR (530.0 kg)
  3. Papua New Guinea (345.0 kg)

Source: IndexBox Market Intelligence Platform

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