Price for Sodium Sulphates; Disodium Sulphate in the United States - 2023
Contents:
- Price for Sodium Sulphates; Disodium Sulphate in the United States (FOB) - 2023
- Price for Sodium Sulphates; Disodium Sulphate in the United States (CIF) - 2022
- Exports of Sodium Sulphates; Disodium Sulphate in the United States
- Imports of Sodium Sulphates; Disodium Sulphate in the United States
Price for Sodium Sulphates; Disodium Sulphate in the United States (FOB) - 2023
The average sodium sulphates; disodium sulphate export price stood at $196 per ton in September 2023, standing approximately at the previous month. Over the period under review, the export price, however, showed a pronounced contraction. The most prominent rate of growth was recorded in January 2023 when the average export price increased by 57% m-o-m. Over the period under review, the average export prices attained the peak figure at $271 per ton in September 2022; however, from October 2022 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In September 2023, the country with the highest price was Mexico ($224 per ton), while the average price for exports to Canada stood at $105 per ton.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sodium Sulphates; Disodium Sulphate in the United States (CIF) - 2022
In 2022, the average sodium sulphates; disodium sulphate import price amounted to $125 per ton, picking up by 20% against the previous year. Overall, the import price, however, recorded a mild descent. Over the period under review, average import prices attained the maximum at $171 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Germany ($170 per ton), while the price for the Czech Republic ($83 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.5%), while the prices for the other major suppliers experienced a decline.
Exports of Sodium Sulphates; Disodium Sulphate in the United States
In 2022, shipments abroad of sodium sulphates; disodium sulphates decreased by -10.5% to 274K tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +6.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of 315K tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, sodium sulphates; disodium sulphate exports rose notably to $34M in 2022. In general, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Export of Sodium Sulphates; Disodium Sulphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 12.9 | 24.4 | 22.3 | 12.1 | -2.1% |
| Canada | 1.2 | 1.2 | 2.0 | 8.5 | 92.0% |
| Brazil | 0.9 | N/A | N/A | 3.9 | 63.0% |
| El Salvador | 0.9 | 1.0 | 1.2 | 3.5 | 57.3% |
| Chile | N/A | N/A | N/A | 3.0 | 0% |
| Colombia | 2.9 | N/A | 0.6 | 0.1 | -67.5% |
| Guatemala | 2.3 | 2.6 | 2.2 | N/A | -2.2% |
| Others | 1.0 | 1.4 | 1.6 | 3.2 | 47.4% |
| Total | 22.2 | 30.6 | 29.9 | 34.2 | 15.5% |
Top Export Markets for Sodium Sulphates; Disodium Sulphate from the United States in 2022:
- Mexico (148.3K tons)
- Canada (62.9K tons)
- Brazil (45.7K tons)
- El Salvador (10.3K tons)
- Chile (6.6K tons)
- Colombia (0.1K tons)
Imports of Sodium Sulphates; Disodium Sulphate in the United States
In 2022, sodium sulphates; disodium sulphate imports into the United States fell to 81K tons, reducing by -7% against the previous year's figure. Over the period under review, imports saw a mild setback. The pace of growth appeared the most rapid in 2021 with an increase of 4.1%. As a result, imports attained the peak of 87K tons, and then reduced in the following year.
In value terms, sodium sulphates; disodium sulphate imports reached $10M in 2022. Overall, imports continue to indicate a deep reduction.
| Import of Sodium Sulphates; Disodium Sulphate in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 8.2 | 7.8 | 6.0 | 6.7 | -6.5% |
| Spain | 0.7 | 0.6 | 1.0 | 1.1 | 16.3% |
| Germany | 0.5 | 0.4 | 0.7 | 0.9 | 21.6% |
| India | 0.4 | 0.4 | 0.7 | 0.7 | 20.5% |
| Czech Republic | 0.1 | 0.2 | 0.2 | 0.2 | 26.0% |
| China | 0.4 | 0.2 | 0.2 | 0.2 | -20.6% |
| Mexico | 0.9 | 0.4 | 0.2 | 0.1 | -51.9% |
| Others | 0.7 | 0.3 | 0.2 | 0.1 | -47.7% |
| Total | 11.9 | 10.2 | 9.1 | 10.1 | -5.3% |
Top Suppliers of Sodium Sulphates; Disodium Sulphate to the United States in 2022:
- Canada (53.2K tons)
- Spain (8.7K tons)
- India (7.7K tons)
- Germany (5.4K tons)
- Czech Republic (2.4K tons)
- China (2.3K tons)
- Mexico (0.8K tons)
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