Sulphates; of Magnesium Price in Israel - 2023
Contents:
- Sulphates; of Magnesium Price in Israel (CIF) - 2022
- Sulphates; of Magnesium Price in Israel (FOB) - 2022
- Sulphates; of Magnesium Imports in Israel
- Sulphates; of Magnesium Exports in Israel
Sulphates; of Magnesium Price in Israel (CIF) - 2022
In 2022, the average sulphates; of magnesium import price amounted to $317 per ton, shrinking by -7.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 36% against the previous year. Over the period under review, average import prices hit record highs at $342 per ton in 2021, and then contracted 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 Greece ($499 per ton), while the price for China ($300 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Magnesium Price in Israel (FOB) - 2022
In 2022, the average sulphates; of magnesium export price amounted to $459 per ton, declining by -2.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 45%. As a result, the export price attained the peak level of $569 per ton. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was New Zealand ($2,138 per ton), while the average price for exports to the Netherlands ($139 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 Thailand (+5.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Israel
In 2022, overseas purchases of sulphates; of magnesia decreased by -6.2% to 5.3K tons for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17% against the previous year.
In value terms, sulphates; of magnesium imports fell to $1.7M in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.2% 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 +41.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports attained the peak of $1.9M, and then declined in the following year.
| Import of Sulphates; of Magnesium in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 697 | 813 | 1,000 | 861 | 7.3% |
| Germany | 361 | 469 | 576 | 497 | 11.2% |
| Greece | 9.9 | 15.4 | 179 | 154 | 149.6% |
| Turkey | 34.5 | 43.1 | 46.0 | 46.0 | 10.1% |
| Czech Republic | 31.5 | 14.4 | 30.0 | 25.9 | -6.3% |
| Others | 50.6 | 63.9 | 94.8 | 88.6 | 20.5% |
| Total | 1,185 | 1,419 | 1,926 | 1,673 | 12.2% |
Top Suppliers of Sulphates; of Magnesium to Israel in 2022:
- China (2875.4 tons)
- Germany (1657.8 tons)
- Greece (308.6 tons)
- Turkey (140.1 tons)
- Czech Republic (86.4 tons)
Sulphates; of Magnesium Exports in Israel
In 2022, after three years of growth, there was significant decline in overseas shipments of sulphates; of magnesia, when their volume decreased by -16.2% to 268 tons. In general, exports, however, showed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 122%.
In value terms, sulphates; of magnesium exports declined markedly to $123K in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 141%.
| Export of Sulphates; of Magnesium in Israel (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 8.9 | 16.0 | 32.0 | 32.5 | 54.0% |
| United States | 13.9 | 37.4 | 47.9 | 28.3 | 26.7% |
| France | 4.7 | 8.3 | 16.6 | 16.7 | 52.6% |
| United Kingdom | 0.6 | 11.1 | 18.6 | 15.9 | 198.1% |
| Netherlands | 3.3 | 4.8 | 7.8 | 6.4 | 24.7% |
| Thailand | 0.8 | 1.2 | 6.5 | 5.5 | 90.1% |
| South Africa | 1.5 | 1.9 | 2.7 | 1.9 | 8.2% |
| Others | 5.8 | 14.4 | 18.5 | 15.7 | 39.4% |
| Total | 39.5 | 95.1 | 151 | 123 | 46.0% |
Top Export Markets for Sulphates; of Magnesium from Israel in 2022:
- France (72.6 tons)
- United States (57.6 tons)
- Netherlands (45.9 tons)
- United Kingdom (33.6 tons)
- Thailand (16.7 tons)
- New Zealand (15.2 tons)
- South Africa (8.3 tons)
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