Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $291 per ton, which is down by -8.6% against the previous year. Over the period under review, the import price, however, showed a mild expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 47%. As a result, import price attained the peak level of $319 per ton, and then declined in the following year.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +2.7% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $872 per ton in 2022, jumping by 122% against the previous year. In general, the export price, however, showed a noticeable contraction. The export price peaked at $1,143 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Honduras ($1,247 per ton), while the average price for exports to Panama ($331 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 Honduras (+1.0%), while the prices for the other major destinations experienced a decline.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala
In 2022, approx. 9.2K tons of kieserite, epsomite (natural magnesium sulphates)s were imported into Guatemala; reducing by -44.3% compared with the previous year. Overall, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 with an increase of 121% against the previous year. As a result, imports attained the peak of 16K tons, and then shrank dramatically in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports dropped remarkably to $2.7M in 2022. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 224% against the previous year. As a result, imports attained the peak of $5.3M, and then declined markedly in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.8 | 0.8 | 3.9 | 2.7 | 50.0% |
| Germany | 0.7 | 0.8 | 1.4 | N/A | 41.4% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1.5 | 1.6 | 5.3 | 2.7 | 21.6% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Guatemala in 2022:
- China (9.2K tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala
In 2022, approx. 1.7K tons of kieserite, epsomite (natural magnesium sulphates)s were exported from Guatemala; surging by 879% on the previous year. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports skyrocketed to $1.4M in 2022. Overall, exports showed a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 7.2 | 2.6 | 24.3 | 1,116 | 437.2% |
| El Salvador | 0.4 | 1.0 | 2.7 | 214 | 711.8% |
| Costa Rica | 5.1 | 5.3 | 31.6 | 88.6 | 159.0% |
| Panama | N/A | N/A | N/A | 29.3 | 0% |
| Belize | 5.6 | 5.5 | 8.1 | N/A | 20.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 18.3 | 14.4 | 66.6 | 1,448 | 329.3% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Guatemala in 2022:
- Honduras (894.7 tons)
- El Salvador (500.5 tons)
- Costa Rica (176.2 tons)
- Panama (88.4 tons)
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