Sulphates; of Magnesium Price in Greece - 2023
Contents:
- Sulphates; of Magnesium Price in Greece (CIF) - 2022
- Sulphates; of Magnesium Price in Greece (FOB) - 2022
- Sulphates; of Magnesium Imports in Greece
- Sulphates; of Magnesium Exports in Greece
Sulphates; of Magnesium Price in Greece (CIF) - 2022
In 2022, the average sulphates; of magnesium import price amounted to $287 per ton, falling by -12.5% against the previous year. Over the period under review, the import price saw a mild reduction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 26% against the previous year. As a result, import price attained the peak level of $328 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($354 per ton), while the price for Egypt ($203 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Magnesium Price in Greece (FOB) - 2022
In 2022, the average sulphates; of magnesium export price amounted to $387 per ton, declining by -14.8% against the previous year. Overall, the export price continues to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2020 an increase of 40% against the previous year. Over the period under review, the average export prices reached the maximum at $566 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bulgaria ($603 per ton), while the average price for exports to Portugal ($262 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 Romania (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Greece
After two years of decline, purchases abroad of sulphates; of magnesia increased by 50% to 3K tons in 2022. Overall, imports, however, showed a deep downturn.
In value terms, sulphates; of magnesium imports skyrocketed to $868K in 2022. In general, imports, however, continue to indicate a deep contraction.
| Import of Sulphates; of Magnesium in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 267 | 390 | 229 | 183 | -11.8% |
| India | 48.6 | 169 | 271 | 137 | 41.3% |
| Poland | 3.8 | N/A | 23.1 | 130 | 224.6% |
| China | 819 | 442 | 66.4 | 127 | -46.3% |
| Egypt | N/A | N/A | N/A | 104 | 0% |
| Italy | 2.0 | 3.4 | 4.2 | 47.3 | 187.0% |
| Tunisia | N/A | N/A | 15.1 | 47.2 | 212.6% |
| Others | 22.6 | 69.5 | 53.2 | 92.0 | 59.7% |
| Total | 1,164 | 1,074 | 662 | 868 | -9.3% |
Top Suppliers of Sulphates; of Magnesium to Greece in 2022:
- Germany (596.9 tons)
- China (529.4 tons)
- Egypt (514.0 tons)
- Poland (511.6 tons)
- India (486.6 tons)
- Tunisia (142.1 tons)
- Italy (133.5 tons)
Sulphates; of Magnesium Exports in Greece
In 2022, the amount of sulphates; of magnesia exported from Greece soared to 1.6K tons, picking up by 56% on the previous year. Overall, exports, however, recorded a mild downturn.
In value terms, sulphates; of magnesium exports soared to $620K in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.9% against 2020 indices. The growth pace was the most rapid in 2020 when exports increased by 85%. As a result, the exports attained the peak of $775K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Sulphates; of Magnesium in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Israel | N/A | N/A | 194 | 210 | 8.2% |
| Hungary | 161 | 251 | N/A | 152 | -1.9% |
| Portugal | 92.0 | 79.2 | N/A | 73.0 | -7.4% |
| Romania | 40.3 | 233 | 125 | 66.4 | 18.1% |
| Bulgaria | 85.8 | 98.8 | 47.3 | 50.4 | -16.3% |
| North Macedonia | 6.4 | 9.6 | 7.6 | 24.7 | 56.9% |
| Slovenia | 2.1 | 9.0 | 5.5 | 22.0 | 118.8% |
| Croatia | 21.3 | 47.4 | 65.5 | N/A | 75.4% |
| Others | 9.9 | 46.3 | 21.2 | 21.8 | 30.1% |
| Total | 419 | 775 | 466 | 620 | 14.0% |
Top Export Markets for Sulphates; of Magnesium from Greece in 2022:
- Hungary (533.8 tons)
- Israel (429.6 tons)
- Portugal (278.2 tons)
- Romania (135.1 tons)
- Bulgaria (83.5 tons)
- North Macedonia (56.6 tons)
- Slovenia (39.3 tons)
- Croatia (0.1 tons)
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