Alkali Metals; Sodium Price in Spain - 2023

Contents:

  1. Alkali Metals; Sodium Price in Spain (CIF) - 2022
  2. Alkali Metals; Sodium Price in Spain (FOB) - 2022
  3. Alkali Metals; Sodium Imports in Spain
  4. Alkali Metals; Sodium Exports in Spain

Alkali Metals; Sodium Price in Spain (CIF) - 2022

The average alkali metals; sodium import price stood at $3,529 per ton in 2022, falling by -15.8% against the previous year. Over the period under review, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 68% against the previous year. The import price peaked at $8,659 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,472 per ton), while the price for Portugal ($974 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Alkali Metals; Sodium Price in Spain (FOB) - 2022

The average alkali metals; sodium export price stood at $23,419 per ton in 2022, growing by 259% against the previous year. Overall, the export price enjoyed a significant expansion. The pace of growth was the most pronounced in 2019 an increase of 469% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($23,503 per ton), while the average price for exports to Russia ($6,030 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+95.7%), while the prices for the other major destinations experienced more modest paces of growth.

Alkali Metals; Sodium Imports in Spain

After three years of growth, purchases abroad of alkali metals; sodia decreased by -89.6% to 8.4 tons in 2022. Overall, imports, however, posted a slight increase. The growth pace was the most rapid in 2021 when imports increased by 535%. As a result, imports reached the peak of 80 tons, and then contracted markedly in the following year.

In value terms, alkali metals; sodium imports declined rapidly to $29K in 2022. In general, imports faced a sharp contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 357% against the previous year. As a result, imports attained the peak of $337K, and then declined sharply in the following year.

Import of Alkali Metals; Sodium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.949.923711.2-9.1%
Germany33.12.96.24.7-47.8%
PortugalN/AN/AN/A4.60%
Belgium11.818.170.73.3-34.6%
Italy2.41.111.22.51.4%
Netherlands6.31.411.30.8-49.7%
Others0.40.3N/A2.481.7%
Total68.973.733729.5-24.6%

Top Suppliers of Alkali Metals; Sodium to Spain in 2022:

  1. Portugal (4.8 tons)
  2. Belgium (1.3 tons)
  3. France (1.1 tons)
  4. Italy (0.8 tons)
  5. Netherlands (0.2 tons)
  6. Germany (0.2 tons)

Alkali Metals; Sodium Exports in Spain

In 2022, alkali metals; sodium exports from Spain skyrocketed to 2.8 tons, growing by 98% on 2021. Over the period under review, exports, however, continue to indicate a sharp decrease.

In value terms, alkali metals; sodium exports surged to $65K in 2022. Overall, exports recorded a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Alkali Metals; Sodium in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/A5.2N/A59.4238.0%
RussiaN/AN/AN/A0.80%
United Kingdom18.5N/AN/A0.6-68.1%
Portugal0.30.62.10.518.6%
Colombia1.30.22.00.2-46.4%
Thailand1.4N/A3.6N/A60.4%
Others0.61.71.43.478.3%
Total22.07.79.164.843.3%

Top Export Markets for Alkali Metals; Sodium from Spain in 2022:

  1. Mexico (2527.0 kg)
  2. Russia (127.0 kg)
  3. Portugal (62.0 kg)
  4. Colombia (27.0 kg)
  5. United Kingdom (12.0 kg)

Source: IndexBox Market Intelligence Platform

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