In 2023, Germany remained the dominant exporter of Kieserite and Epsomite, with a significant export value of 123.1 million USD. However, it saw a slight decrease of 0.44% year-on-year. Notably, Denmark, Canada, Switzerland, and Italy experienced remarkable growth in export value, with Denmark leading at 20.56%, followed by Canada at 27.55%, and Switzerland and Italy exceeding 70% and 95% respectively. Conversely, China experienced a significant decline of 30.25%, indicating potential shifts in their export strategy or market demand.
Future trends to watch include:
- Potential market realignment due to significant growth in smaller markets like Denmark, Canada, and Italy.
- Review China’s strategic adjustments in response to their export decline.
- Explore opportunities for export growth in emerging markets with efficient trade policies.
Top countries in Export of Kieserite and Epsomite by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 123,100,000 | 2023 | -0.49% | -0.44% | View data |
| 2 | 2 Belgium | 7,309,100 | 2023 | +0.99% | -1.02% | View data |
| 3 | 3 Netherlands | 2,321,000 | 2023 | +3.42% | +2.09% | View data |
| 4 | 4 Malaysia | 1,403,700 | 2023 | +0.24% | +0.78% | View data |
| 5 | 5 Costa Rica | 965,470 | 2023 | +5.97% | +6.27% | View data |
| 6 | 6 Denmark | 655,360 | 2023 | +4.88% | +20.56% | View data |
| 7 | 7 United States | 600,180 | 2023 | -0.98% | +0.92% | View data |
| 8 | 8 Spain | 310,480 | 2023 | +1.95% | +2.45% | View data |
| 9 | 9 Egypt | 253,320 | 2023 | +2.35% | +0.91% | View data |
| 10 | 10 Portugal | 140,210 | 2023 | +2.28% | +4.7% | View data |
