Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia - 2023

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (CIF) - 2022
  2. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (FOB) - 2022
  3. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia
  4. Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (CIF) - 2022

The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $500 per ton in 2022, shrinking by -4.9% against the previous year. Overall, the import price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average import price increased by 89%. As a result, import price reached the peak level of $537 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, 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 +8.4% per year.

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (FOB) - 2022

In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $3,500 per ton, increasing by 730% against the previous year. Overall, the export price recorded significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($3,500 per ton), while the average price for exports to the Czech Republic amounted to $3,500 per ton.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+132.8%).

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia

In 2022, approx. 124 tons of kieserite, epsomite (natural magnesium sulphates)s were imported into Slovakia; reducing by -21.1% against the previous year's figure. In general, imports saw a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports reduced notably to $62K in 2022. Over the period under review, total imports indicated a temperate increase from 2019 to 2022: its value increased at an average annual rate of +3.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 34% against the previous year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.473.071.662.016.3%
Poland15.6N/AN/AN/A0%
Others0.51.311.10.1-41.5%
Total55.474.382.762.13.9%

Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Slovakia in 2022:

  1. Germany (124.0 tons)

Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia

Kieserite, epsomite (natural magnesium sulphates) exports from Slovakia shrank dramatically to 8 kg in 2022, with a decrease of 99.9% compared with 2021 figures. In general, exports saw a dramatic curtailment. The smallest decline of -0.2% was in 2021.

In value terms, kieserite, epsomite (natural magnesium sulphates) exports declined sharply to $28 in 2022. Over the period under review, exports showed a dramatic descent. The pace of growth was the most pronounced in 2021 with an increase of 4.4%. As a result, the exports attained the peak of $13K, and then fell markedly in the following year.

Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Slovakia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Czech Republic0.2N/AN/A0%
Netherlands12.713.5N/A6.3%
PolandN/AN/AN/A0%
OthersN/AN/AN/A0%
Total12.913.5N/A4.7%

Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Slovakia in 2022:

  1. Poland (6.0 kg)
  2. Czech Republic (2.0 kg)

Source: IndexBox Market Intelligence Platform

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