Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq - 2022
Contents:
- Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq (CIF) - 2022
- Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq
Price for Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq (CIF) - 2022
In 2022, the average import price for kieserite, epsomite (natural magnesium sulphates)s amounted to $945 per ton, waning by -20.4% against the previous year. Over the period under review, the import price, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 72% against the previous year. The import price peaked at $1,187 per ton in 2021, and then reduced remarkably in the following year.
As there is only one major supplying country, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +49.2% per year.
Imports of Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq
In 2022, after two years of decline, there was significant growth in purchases abroad of kieserite, epsomite (natural magnesium sulphates)s, when their volume increased by 11% to 726 kg. Over the period under review, imports, however, showed a deep slump.
In value terms, kieserite, epsomite (natural magnesium sulphates) imports shrank to $686 in 2022. In general, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +49.8% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 30%. As a result, imports reached the peak of $776, and then declined in the following year.
| Import of Kieserite, Epsomite (Natural Magnesium Sulphates) in Iraq (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 27.0 | 596 | 776 | 686 | 194.0% |
| United States | 431 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 458 | 596 | 776 | 686 | 14.4% |
Top Suppliers of Kieserite, Epsomite (Natural Magnesium Sulphates) to Iraq in 2022:
- Belgium (726.0 kg)
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