Sulphates; of Magnesium Price in Luxembourg - 2023
Contents:
- Sulphates; of Magnesium Price in Luxembourg (CIF) - 2022
- Sulphates; of Magnesium Price in Luxembourg (FOB) - 2022
- Sulphates; of Magnesium Imports in Luxembourg
- Sulphates; of Magnesium Exports in Luxembourg
Sulphates; of Magnesium Price in Luxembourg (CIF) - 2022
The average sulphates; of magnesium import price stood at $964 per ton in 2022, jumping by 35% against the previous year. Over the period under review, the import price recorded strong growth. The most prominent rate of growth was recorded in 2021 an increase of 50% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($963 per ton), while the price for France stood at $961 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+45.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Sulphates; of Magnesium Price in Luxembourg (FOB) - 2022
In 2022, the average sulphates; of magnesium export price amounted to $473 per ton, shrinking by -9.2% against the previous year. Over the period under review, the export price, however, continues to indicate a mild increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 724% against the previous year. The export price peaked at $568 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was France ($498 per ton), while the average price for exports to Belgium ($271 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 Oman (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Luxembourg
In 2022, approx. 50 tons of sulphates; of magnesia were imported into Luxembourg; waning by -57.6% against the previous year's figure. Over the period under review, imports recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 358% against the previous year. As a result, imports attained the peak of 117 tons, and then contracted markedly in the following year.
In value terms, sulphates; of magnesium imports contracted rapidly to $48K in 2022. Overall, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 586% against the previous year. As a result, imports reached the peak of $84K, and then fell markedly in the following year.
| Import of Sulphates; of Magnesium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 22.4 | 11.6 | 83.1 | 46.9 | 27.9% |
| France | N/A | N/A | N/A | 0.8 | 0% |
| Others | 1.2 | 0.6 | 0.6 | 0.2 | -45.0% |
| Total | 23.6 | 12.2 | 83.7 | 47.9 | 26.6% |
Top Suppliers of Sulphates; of Magnesium to Luxembourg in 2022:
- Germany (48.8 tons)
- France (0.8 tons)
Sulphates; of Magnesium Exports in Luxembourg
In 2022, sulphates; of magnesium exports from Luxembourg surged to 5.9 tons, rising by 86% against the previous year. Overall, exports, however, showed a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 689%. As a result, the exports attained the peak of 62 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, sulphates; of magnesium exports surged to $2.8K in 2022. In general, exports, however, showed a abrupt slump.
| Export of Sulphates; of Magnesium in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 0.1 | N/A | 1.8 | 324.3% |
| Germany | 3.5 | 0.3 | 0.1 | 0.9 | -36.4% |
| Belgium | N/A | N/A | N/A | N/A | 0% |
| Oman | N/A | 3.5 | 1.6 | N/A | -54.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 3.6 | 3.9 | 1.6 | 2.8 | -8.0% |
Top Export Markets for Sulphates; of Magnesium from Luxembourg in 2022:
- France (3.7 tons)
- Germany (2.1 tons)
- Belgium (0.1 tons)
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