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

Contents:

1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Poland (CIF) - 2023
2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Poland (FOB) - 2022
3. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Poland
4. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Poland

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Poland (CIF) - 2023

In July 2023, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $296 per ton, rising by 5.6% against the previous month. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 13% m-o-m. The import price peaked at $425 per ton in May 2023; however, from June 2023 to July 2023, import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($313 per ton), while the price for China amounted to $171 per ton.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Germany (-0.3%).

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

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $399 per ton, picking up by 9.7% against the previous year. In general, the export price continues to indicate a perceptible increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 29%. As a result, the export price attained the peak level of $401 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Czech Republic ($447 per ton), while the average price for exports to Germany ($198 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ukraine (+8.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

For the fourth consecutive year, Poland recorded growth in supplies from abroad of kieserite, epsomite (natural magnesium sulphates)s, which increased by 8.7% to 100K tons in 2022. The total import volume increased at an average annual rate of +7.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 9.9%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports soared to $33M in 2022. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.8% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. Germany (78.0K tons)
2. China (22.0K tons)

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

For the fourth year in a row, Poland recorded growth in overseas shipments of kieserite, epsomite (natural magnesium sulphates)s, which increased by 143% to 2.6K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 299% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports soared to $1.1M in 2022. Overall, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 355%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

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

1. Ukraine (1919.9 tons)
2. Lithuania (558.6 tons)
3. Germany (92.1 tons)
4. Czech Republic (61.5 tons)

Source: IndexBox Market Intelligence Platform