Price for Sodium Sulphates; Disodium Sulphate in Italy - 2023

Contents:

1. Price for Sodium Sulphates; Disodium Sulphate in Italy (CIF) - 2023
2. Price for Sodium Sulphates; Disodium Sulphate in Italy (FOB) - 2022
3. Imports of Sodium Sulphates; Disodium Sulphate in Italy
4. Exports of Sodium Sulphates; Disodium Sulphate in Italy

Price for Sodium Sulphates; Disodium Sulphate in Italy (CIF) - 2023

The average sodium sulphates; disodium sulphate import price stood at $163 per ton in August 2023, falling by -4.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 40% month-to-month. As a result, import price reached the peak level of $253 per ton. From February 2023 to August 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($5,746 per ton), while the price for Spain ($136 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+37.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Sodium Sulphates; Disodium Sulphate in Italy (FOB) - 2022

The average sodium sulphates; disodium sulphate export price stood at $358 per ton in 2022, increasing by 23% against the previous year. Overall, the export price, however, showed a deep slump. The pace of growth appeared the most rapid in 2016 an increase of 168%. The export price peaked at $1,273 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($3,535 per ton), while the average price for exports to Cuba ($195 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 Croatia (+53.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sodium Sulphates; Disodium Sulphate in Italy

In 2022, the amount of sodium sulphates; disodium sulphates imported into Italy rose to 110K tons, growing by 2% against the previous year. In general, imports, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2021 with an increase of 6.1% against the previous year.

In value terms, sodium sulphates; disodium sulphate imports expanded notably to $18M in 2022. The total import value increased at an average annual rate of +3.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Sodium Sulphates; Disodium Sulphate to Italy in 2022:

1. Spain (60.9K tons)
2. Austria (41.9K tons)
3. France (6.2K tons)

Exports of Sodium Sulphates; Disodium Sulphate in Italy

For the third year in a row, Italy recorded decline in overseas shipments of sodium sulphates; disodium sulphates, which decreased by -32.1% to 911 tons in 2022. Over the period under review, exports faced a dramatic descent. The smallest decline of -10% was in 2020.

In value terms, sodium sulphates; disodium sulphate exports reduced notably to $326K in 2022. Overall, exports showed a deep setback. The smallest decline of -3% was in 2020.

Top Export Markets for Sodium Sulphates; Disodium Sulphate from Italy in 2022:

1. Serbia (564.0 tons)
2. Cuba (210.0 tons)
3. Switzerland (70.2 tons)
4. Ireland (27.0 tons)
5. Tunisia (3.1 tons)
6. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform