Price for Sodium Sulphates; Disodium Sulphate in Germany - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in Germany (CIF) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in Germany
Price for Sodium Sulphates; Disodium Sulphate in Germany (CIF) - 2022
The average sodium sulphates; disodium sulphate import price stood at $182 per ton in 2022, jumping by 21% against the previous year. Overall, the import price posted tangible growth. The most prominent rate of growth was recorded in 2019 when the average import price increased by 95%. As a result, import price attained the peak level of $283 per ton. From 2020 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($296 per ton), while the price for China ($112 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Sodium Sulphates; Disodium Sulphate in Germany
In 2022, purchases abroad of sodium sulphates; disodium sulphates decreased by -10.7% to 71K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 73%.
In value terms, sodium sulphates; disodium sulphate imports rose markedly to $13M in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 11% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Sodium Sulphates; Disodium Sulphate in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 5.5 | 5.7 | 6.4 | 7.2 | 9.4% |
| Austria | 4.4 | 3.8 | 4.0 | 3.9 | -3.9% |
| Belgium | 0.2 | 0.7 | 1.2 | 1.1 | 76.5% |
| China | N/A | N/A | N/A | 0.3 | 0% |
| Others | 1.7 | 0.4 | 0.3 | 0.4 | -38.3% |
| Total | 11.9 | 10.8 | 11.9 | 12.9 | 2.7% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to Germany in 2022:
- Spain (36.5K tons)
- Austria (26.4K tons)
- Belgium (3.7K tons)
- China (2.4K tons)
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