Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic - 2022

Contents:

  1. Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic (CIF) - 2022
  2. Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic

Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic (CIF) - 2022

In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $336 per ton, surging by 11% against the previous year. In general, the import price posted a mild expansion. The pace of growth was the most pronounced in 2020 an increase of 106% against the previous year. The import price peaked at $1,037 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +1.2% per year.

Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic

In 2022, imports of kieserite, epsomite (natural magnesium sulphates)s into the Dominican Republic dropped sharply to 58 tons, which is down by -44% on 2021 figures. In general, imports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 725%. As a result, imports attained the peak of 103 tons, and then contracted sharply in the following year.

In value terms, kieserite, epsomite (natural magnesium sulphates) imports contracted sharply to $19K in 2022. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2021 when imports increased by 301%. As a result, imports attained the peak of $31K, and then contracted markedly in the following year.

Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain29.56.630.119.0-13.6%
Others1.71.11.00.5-33.5%
Total31.27.831.219.5-14.5%

Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to the Dominican Republic in 2022:

  1. Spain (57.8 tons)

Source: IndexBox Market Intelligence Platform

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