Sulphates; of Magnesium Price in Kazakhstan - 2021
Contents:
- Sulphates; of Magnesium Price in Kazakhstan (CIF) - 2022
- Sulphates; of Magnesium Price in Kazakhstan (FOB) - 2022
- Sulphates; of Magnesium Imports in Kazakhstan
- Sulphates; of Magnesium Exports in Kazakhstan
Sulphates; of Magnesium Price in Kazakhstan (CIF) - 2022
In 2022, the average sulphates; of magnesium import price amounted to $492 per ton, picking up by 27% against the previous year. Overall, the import price, however, continues to indicate a pronounced decrease. The import price peaked at $602 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 India ($731 per ton), while the price for Russia ($442 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.6%), while the prices for the other major suppliers experienced a decline.
Sulphates; of Magnesium Price in Kazakhstan (FOB) - 2022
In 2022, the average sulphates; of magnesium export price amounted to $1,420 per ton, rising by 23% against the previous year. Over the period under review, the export price saw a strong increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 80%. The export price peaked at $1,593 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Kyrgyzstan ($1,427 per ton), while the average price for exports to Russia amounted to $1,230 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Belarus (+324.3%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Kazakhstan
Sulphates; of magnesium imports into Kazakhstan amounted to 1.6K tons in 2022, with an increase of 14% compared with the previous year's figure. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 36%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, sulphates; of magnesium imports skyrocketed to $778K in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Sulphates; of Magnesium in Kazakhstan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 101 | 65.2 | 87.9 | 467 | 66.6% |
| Poland | 94.0 | 104 | 146 | 196 | 27.8% |
| India | 8.5 | 14.2 | 21.5 | 47.5 | 77.5% |
| Netherlands | 8.8 | 3.7 | 3.9 | 42.9 | 69.6% |
| Turkey | 7.1 | 8.0 | 9.6 | 3.6 | -20.3% |
| Lithuania | 90.2 | 97.8 | 126 | N/A | 18.2% |
| Others | 103 | 111 | 141 | 20.4 | -41.7% |
| Total | 413 | 403 | 536 | 778 | 23.5% |
Top Suppliers of Sulphates; of Magnesium to Kazakhstan in 2022:
- Russia (1056.4 tons)
- Poland (349.2 tons)
- Netherlands (90.5 tons)
- India (65.0 tons)
- Turkey (10.6 tons)
Sulphates; of Magnesium Exports in Kazakhstan
For the fourth consecutive year, Kazakhstan recorded growth in shipments abroad of sulphates; of magnesia, which increased by 34% to 1.6 tons in 2022. Overall, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 87%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, sulphates; of magnesium exports skyrocketed to $2.3K in 2022. In general, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Sulphates; of Magnesium in Kazakhstan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kyrgyzstan | 89.0 | 113 | 214 | 2,181 | 190.5% |
| Russia | 6.0 | 8.0 | 16.0 | 75.0 | 132.1% |
| Uzbekistan | 660 | 946 | 1,144 | N/A | 31.7% |
| Others | 83.0 | 7.0 | N/A | N/A | -91.6% |
| Total | 838 | 1,074 | 1,374 | 2,256 | 39.1% |
Top Export Markets for Sulphates; of Magnesium from Kazakhstan in 2022:
- Kyrgyzstan (1528.0 kg)
- Russia (61.0 kg)
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