Price for Sodium Sulphates; Disodium Sulphate in the UK - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in the UK (CIF) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in the UK (FOB) - 2022
- Imports of Sodium Sulphates; Disodium Sulphate in the UK
- Exports of Sodium Sulphates; Disodium Sulphate in the UK
Price for Sodium Sulphates; Disodium Sulphate in the UK (CIF) - 2023
In August 2023, the average sodium sulphates; disodium sulphate import price amounted to $170 per ton, falling by -58.4% against the previous month. Overall, the import price recorded a slight setback. The pace of growth was the most pronounced in July 2023 when the average import price increased by 193% month-to-month. As a result, import price attained the peak level of $409 per ton, and then reduced rapidly in the following month.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From August 2022 to August 2023, the rate of growth in terms of prices for France amounted to +3.1% per month.
Price for Sodium Sulphates; Disodium Sulphate in the UK (FOB) - 2022
In 2022, the average sodium sulphates; disodium sulphate export price amounted to $2,709 per ton, increasing by 51% against the previous year. Overall, the export price continues to indicate prominent growth. The pace of growth was the most pronounced in 2014 an increase of 119% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($13,963 per ton), while the average price for exports to Bulgaria ($409 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 the Netherlands (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Sodium Sulphates; Disodium Sulphate in the UK
In 2022, overseas purchases of sodium sulphates; disodium sulphates were finally on the rise to reach 67K tons for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, showed a relatively flat trend pattern.
In value terms, sodium sulphates; disodium sulphate imports surged to $8.7M in 2022. Overall, total imports indicated a tangible expansion from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -14.2% against 2020 indices.
| Import of Sodium Sulphates; Disodium Sulphate in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 6.6 | 9.2 | 4.1 | 7.2 | 2.9% |
| France | 0.7 | 0.4 | 0.5 | 0.5 | -10.6% |
| Others | 0.4 | 0.6 | 0.5 | 1.0 | 35.7% |
| Total | 7.7 | 10.1 | 5.0 | 8.7 | 4.2% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to the UK in 2022:
- Spain (63.8K tons)
- France (2.0K tons)
Exports of Sodium Sulphates; Disodium Sulphate in the UK
In 2022, shipments abroad of sodium sulphates; disodium sulphates was finally on the rise to reach 108 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a precipitous descent.
In value terms, sodium sulphates; disodium sulphate exports skyrocketed to $292K in 2022. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Sodium Sulphates; Disodium Sulphate in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 0.6 | N/A | 85.7 | 155 | 536.9% |
| Denmark | N/A | N/A | N/A | 42.6 | 0% |
| Turkey | N/A | N/A | N/A | 30.3 | 0% |
| Ireland | 37.0 | 50.7 | 27.2 | 13.5 | -28.5% |
| Iceland | 4.7 | 1.6 | 3.8 | 3.9 | -6.0% |
| Bulgaria | N/A | N/A | N/A | 2.5 | 0% |
| Bangladesh | N/A | N/A | N/A | 2.0 | 0% |
| Czech Republic | 101 | 0.1 | N/A | N/A | -99.9% |
| Belgium | 108 | 115 | 4.7 | N/A | -79.1% |
| Others | 35.4 | 82.1 | 30.9 | 42.2 | 6.0% |
| Total | 287 | 249 | 152 | 292 | 0.6% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from the UK in 2022:
- Denmark (47.5 tons)
- Ireland (17.0 tons)
- Netherlands (11.1 tons)
- Iceland (7.3 tons)
- Bulgaria (6.0 tons)
- Turkey (5.7 tons)
- Bangladesh (2.4 tons)
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