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

Contents:

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

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

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $1,260 per ton in 2022, with an increase of 6.7% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2020 when the average import price increased by 108%. Over the period under review, average import prices hit record highs at $1,547 per ton in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 the United States ($1,871 per ton), while the price for Germany ($403 per ton) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+30.1%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $1,282 per ton, shrinking by -41.4% against the previous year. In general, the export price recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when the average export price increased by 94% against the previous year. The export price peaked at $5,333 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($1,500 per ton), while the average price for exports to Montenegro totaled $1,286 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (-13.3%).

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

After two years of decline, overseas purchases of kieserite, epsomite (natural magnesium sulphates)s increased by 481% to 3.6 tons in 2022. Over the period under review, imports, however, continue to indicate a sharp descent.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports surged to $4.5K in 2022. In general, imports, however, saw a abrupt contraction.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan2.14.10.53.012.6%
United StatesN/AN/AN/A1.00%
Germany2.01.40.10.4-41.5%
United KingdomN/AN/AN/A0.10%
Others2.00.10.1N/A-77.6%
Total6.15.50.74.5-9.6%

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

  1. Japan (2000.0 kg)
  2. Germany (1000.0 kg)
  3. United States (511.0 kg)
  4. United Kingdom (79.0 kg)

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

In 2022, shipments abroad of kieserite, epsomite (natural magnesium sulphates)s was finally on the rise to reach 39 kg after two years of decline. Overall, exports, however, recorded a deep downturn.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports skyrocketed to $50 in 2022. Over the period under review, exports, however, recorded a abrupt setback.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Serbia (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Montenegro65.064.034.045.0-11.5%
DenmarkN/AN/AN/A3.00%
NetherlandsN/AN/A1.0N/A0%
OthersN/AN/AN/A2.00%
Total65.064.035.050.0-8.4%

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

  1. Montenegro (35.0 kg)
  2. Denmark (2.0 kg)

Source: IndexBox Market Intelligence Platform

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