Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $279 per ton, approximately reflecting the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 9.1%. The import price peaked at $300 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 China amounted to +0.8% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador
In 2022, the amount of kieserite, epsomite (natural magnesium sulphates)s imported into Ecuador reduced dramatically to 5.5K tons, dropping by -43.5% on 2021. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 665% against the previous year. As a result, imports attained the peak of 9.7K tons, and then reduced sharply in the following year.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank rapidly to $1.5M in 2022. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 630%. As a result, imports attained the peak of $2.7M, and then shrank significantly in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 446 | 361 | 1,608 | 1,524 | 50.6% |
| China | 293 | N/A | 1,073 | N/A | 91.4% |
| Others | 11.0 | 6.3 | N/A | N/A | -42.7% |
| Total | 750 | 367 | 2,681 | 1,524 | 26.7% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Ecuador in 2022:
- Germany (5.5K tons)
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