Market research

Magnesium sulphate market in Spain

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2019 and 2023, the magnesium sulphate market volume in Spain contracted from 309 thousand tons to 256 thousand tons. In value terms, 2022 saw a sharp peak to over 62 million dollars due to significant price increases, before values fell to 44 million dollars in 2024.

The physical market volume rebounded to 292 thousand tons in 2024. This growth coincided with rising global demand for magnesium sulphate in agricultural, pharmaceutical, and industrial applications, alongside a broader trend toward eco-friendly fertilizers.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2019, 2021-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2019, 2021-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2019, 2021-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2019, 2021-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Spain
  1. 5.1.1. In kind, 2019, 2021-2024, K t
  2. 5.1.2. In value, 2019, 2021-2024, K $ US
2. 5.2. Production in the EU, 2019-2024
  1. 5.2.1. In kind, 2019-2024, K t
  2. 5.2.2. In value, 2019-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, t
    1. 6.1.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, t
    1. 6.2.2.1. Annual dynamics of product's exports from Spain in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's exports in kind from Spain by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Spain in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Spain by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Spain, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's exports from Spain by countries, 2018-2024, $ US/t
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, t
    1. 7.1.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, t
    1. 7.2.2.1. Annual dynamics of product's imports to Spain in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's imports in kind to Spain by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Spain in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Spain by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Spain, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's imports to Spain by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production magnesium sulphate in Spain

In value, 2017-2020, K $ US

Annual dynamics of production in Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, K t

Annual dynamics of production in Spain in kind, 2017-2020, K t

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports magnesium sulphate from Spain

Exports in kind, t

Spain's magnesium sulphate exports fell for the second year in a row. In 2020, the country exported 3 641 tonnes, marking a 53.4% drop compared to the previous year. Looking at the period from 2017 to 2020, exports decreased by 55.8%, with an average annual decline of 23.8%. The peak was in 2018, when exports reached 9 348 tonnes, and that year also saw the largest increase at 13.5%.

Annual dynamics of product's exports from Spain in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.5%	(16.4%)	(53.4%)	(23.8%)

Source: SHEV.io

From 2017 to 2020, France, Portugal, and Brazil were the top destinations for Spain's magnesium sulphate exports by volume. France accounted for 33.6% of exports, Portugal for 22.5%, and Brazil for 18.1%. Together, these three countries made up 74.2% of total export flows.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Spain in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Spain's magnesium sulphate exports in value terms also declined for the second consecutive year. In 2020, export value stood at 1 215 thousand US dollars, down 24.7% from the year before. Over the 2017-2020 period, exports fell by 24.2%, which translates to an average annual decrease of 8.8%. The highest value was recorded in 2018 at 2 340 thousand US dollars. That year saw the largest increase of 46.0%, while 2019 experienced the biggest drop at 31.1%.

Annual dynamics of product's exports from Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	46.0%	(31.1%)	(24.7%)	(8.8%)

Source: SHEV.io

Between 2017 and 2020, Portugal, France, and Brazil were the main markets for Spain's magnesium sulphate exports by value. Portugal took 28.3% of exports, France 24.1%, and Brazil 13.3%. Combined, these three countries absorbed 65.7% of total export value, making them the key destinations.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Spain in value, 2017-2020

Source: SHEV.io

Imports magnesium sulphate to Spain

Imports in kind, t

Spain's magnesium sulphate imports in volume terms rose sharply in 2020, reaching 16 704 tonnes, a 32.4% increase from the previous year. Over the 2017-2020 period, imports grew by 61.6%, with an average annual growth rate of 17.4%. The only decline during this time was a slight 0.8% drop in 2019.

Annual dynamics of product's imports to Spain in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.1%	(0.8%)	32.4%	17.4%

Source: SHEV.io

From 2017 to 2020, Germany and India were the dominant suppliers of magnesium sulphate to Spain by volume. Together, they accounted for 80.1% of total imports, with other sources each contributing relatively small shares.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Spain in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

In 2020, Spain imported magnesium sulphate worth 5 973 thousand US dollars, reflecting a 12.6% uptick compared to the prior year. Between 2017 and 2020, imports increased by 14.6%, equating to an average annual growth of 4.7%. The largest decline occurred in 2019, with an 8.5% drop.

Annual dynamics of product's imports to Spain in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.2%	(8.5%)	12.6%	4.7%

Source: SHEV.io

Throughout 2017-2020, Germany, India, and China were the key partners for Spain's magnesium sulphate imports by value. Germany accounted for 63.8% of imports, India for 10.8%, and China for 9.7%. Together, these three countries made up 84.3% of total import flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Spain in value, 2017-2020

Source: SHEV.io

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