Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland - 2023
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (CIF) - 2022
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (FOB) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland
- Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (CIF) - 2022
The average import price for kieserite, epsomite (natural magnesium sulphates)s stood at $1,665 per ton in 2022, increasing by 119% against the previous year. Overall, the import price continues to indicate a prominent increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2014 to 2022, the rate of growth in terms of prices for Germany amounted to +18.6% per year.
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (FOB) - 2022
In 2022, the average export price for kieserite, epsomite (natural magnesium sulphates)s amounted to $1,640 per ton, dropping by -23.3% against the previous year. Overall, the export price showed a dramatic decline. Over the period under review, the average export prices hit record highs at $14,200 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the Netherlands.
From 2017 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -35.1% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland
In 2022, overseas purchases of kieserite, epsomite (natural magnesium sulphates)s decreased by -90.8% to 3.4 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports faced a precipitous setback. The pace of growth appeared the most rapid in 2020 when imports increased by 26% against the previous year. As a result, imports reached the peak of 75 tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports fell dramatically to $5.7K in 2022. Overall, imports recorded a sharp contraction. The smallest decline of -6.5% was in 2020.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 32.4 | 25.5 | 15.4 | 5.7 | -44.0% |
| Sweden | 2.6 | 9.6 | 0.5 | N/A | -56.1% |
| Lithuania | N/A | N/A | 7.9 | N/A | 0% |
| Netherlands | 10.2 | 7.3 | 4.0 | N/A | -37.4% |
| Others | 0.2 | N/A | 0.4 | N/A | 41.4% |
| Total | 45.4 | 42.5 | 28.2 | 5.7 | -49.9% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Finland in 2022:
- Germany (3.4 tons)
Exports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland
In 2022, approx. 2.8 tons of kieserite, epsomite (natural magnesium sulphates)s were exported from Finland; increasing by 6,495% on the year before. Overall, exports enjoyed a strong 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 surged to $4.7K in 2022. In general, exports, however, recorded a sharp contraction.
| Export of Kieserite, Epsomite (Natural Magnesium Sulphates) in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Netherlands | 9.2 | 0.1 | 4.7 | -28.5% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 9.2 | 0.1 | 4.7 | -28.5% | |
Top Export Markets for Kieserite, Epsomite (Natural Magnesium Sulphates) from Finland in 2022:
- Netherlands (2.8 tons)
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