Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (FOB) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (CIF) - 2022
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (FOB) - 2022
The average export price for kieserite, epsomite (natural magnesium sulphates)s stood at $394 per ton in 2022, jumping by 19% against the previous year. In general, the export price, however, showed a noticeable slump. The pace of growth was the most pronounced in 2018 when the average export price increased by 28% against the previous year. The export price peaked at $484 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +0.5% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $354 per ton in 2022, reducing by -5.6% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2021 when the average import price increased by 40%. As a result, import price attained the peak level of $375 per ton, and then contracted in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($356 per ton), while the price for France ($342 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+1.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg
In 2022, after three years of growth, there was significant decline in shipments abroad of kieserite, epsomite (natural magnesium sulphates)s, when their volume decreased by -96.5% to 1.6 tons. In general, exports recorded a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 57%. As a result, the exports attained the peak of 44 tons, and then dropped markedly in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) exports declined dramatically to $616 in 2022. Over the period under review, exports saw a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 81%. As a result, the exports reached the peak of $15K, and then declined markedly in the following year.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 0.1 | 1.8 | 0.6 | 144.9% |
| France | 7.6 | 8.0 | 12.9 | N/A | 30.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 7.7 | 8.1 | 14.7 | 0.6 | -57.3% |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Luxembourg in 2022:
- Germany (1.6 tons)
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Luxembourg soared to 34 tons, picking up by 23% on 2021 figures. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 112%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports skyrocketed to $12K in 2022. In general, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 71%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.9 | 1.6 | 2.9 | 10.1 | 123.9% |
| Netherlands | 4.3 | 7.4 | 0.6 | 1.0 | -38.5% |
| France | N/A | N/A | 7.0 | 1.0 | -85.7% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 5.2 | 8.9 | 10.5 | 12.2 | 32.9% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Luxembourg in 2022:
- Germany (28.4 tons)
- Netherlands (3.0 tons)
- France (3.0 tons)
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