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

Contents:

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

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

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $285 per ton in 2022, declining by -13.2% against the previous year. Overall, the import price, however, continues to indicate a modest increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 78% against the previous year. The import price peaked at $1,304 per ton in 2016; however, from 2017 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 Greece.

From 2012 to 2022, the rate of growth in terms of prices for Greece amounted to +1.7% per year.

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

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $295 per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2018 a decrease of -9.4% against the previous year. Over the period under review, the average export prices hit record highs at $2,328 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to -19.2% per year.

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

In 2022, kieserite, epsomite (natural magnesium sulphates) imports into Pakistan surged to 14 tons, rising by 617% on the previous year. Over the period under review, imports, however, recorded a abrupt decline.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports soared to $4.1K in 2022. In general, imports, however, recorded a deep downturn.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Greece0.57.50.74.1101.7%
Malaysia4.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total4.87.50.74.1-5.1%

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

  1. Greece (14.3 tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Pakistan

In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s exported from Pakistan totaled 3.8 tons, flattening at the previous year. Over the period under review, exports continue to indicate a abrupt setback. The smallest decline of 99.9% was in 2021.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports amounted to $1.1K in 2022. Overall, exports continue to indicate a mild downturn. The smallest decline of 99.9% was in 2021.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Pakistan (USD)
COUNTRY202020212022CAGR,
2020-2022
DenmarkN/AN/A5570%
Sri Lanka1,148N/AN/A0%
OthersN/AN/A5630%
Total1,148N/A1,120-1.2%

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

  1. Denmark (1.9 tons)

Source: IndexBox Market Intelligence Platform

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