Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $242 per ton, waning by -27.8% against the previous year. Over the period under review, the import price showed a perceptible reduction. The pace of growth appeared the most rapid in 2021 an increase of 31% against the previous year. As a result, import price attained the peak level of $336 per ton, and then contracted notably in the following year.
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 Spain ($348 per ton), while the price for Germany stood at $213 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-0.5%).
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (FOB) - 2022
In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $409 per ton, growing by 26% against the previous year. Over the period under review, the export price, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $648 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +0.8% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal
In 2022, approx. 2.4K tons of kieserite, epsomite (natural magnesium sulphates)s were imported into Portugal; jumping by 183% against 2021 figures. Overall, imports posted a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $572K in 2022. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 297 | 84.0 | 62.3 | 394 | 9.9% |
| Spain | 148 | 120 | 218 | 178 | 6.3% |
| Others | 0.1 | N/A | 0.2 | 0.1 | 0.0% |
| Total | 445 | 204 | 280 | 572 | 8.7% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Portugal in 2022:
- Germany (1850.0 tons)
- Spain (511.1 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal
In 2022, shipments abroad of kieserite, epsomite (natural magnesium sulphates)s decreased by -22.4% to 406 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 136%.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports dropped modestly to $166K in 2022. Over the period under review, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 137% against the previous year.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 54.4 | 146 | 169 | 165 | 44.8% |
| Germany | 7.2 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 1.1 | 1.0 | -9.1% |
| Total | 61.6 | 146 | 170 | 166 | 39.2% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Portugal in 2022:
- Spain (404.1 tons)
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