Price for Sodium Sulphates; Other than Disodium Sulphate in Belgium - 2023

Contents:

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

Price for Sodium Sulphates; Other than Disodium Sulphate in Belgium (CIF) - 2023

The average import price for sodium sulphates; other than disodium sulphates stood at $210 per ton in October 2023, shrinking by -25.4% against the previous month. Over the period under review, the import price continues to indicate a deep slump. The most prominent rate of growth was recorded in July 2023 an increase of 136% m-o-m. The import price peaked at $1,154 per ton in October 2022; however, from November 2022 to October 2023, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From October 2022 to October 2023, the rate of growth in terms of prices for Austria amounted to +8.1% per month.

Price for Sodium Sulphates; Other than Disodium Sulphate in Belgium (FOB) - 2022

In 2022, the average export price for sodium sulphates; other than disodium sulphates amounted to $576 per ton, dropping by -16.2% against the previous year. Over the period from 2018 to 2022, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2021 when the average export price increased by 24%. As a result, the export price reached the peak level of $687 per ton, and then fell markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($702 per ton), while the average price for exports to the Czech Republic ($199 per ton) was amongst the lowest.

From 2018 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.0%), while the prices for the other major destinations experienced a decline.

Imports of Sodium Sulphates; Other than Disodium Sulphate in Belgium

After two years of decline, supplies from abroad of sodium sulphates; other than disodium sulphates increased by 18% to 6.2K tons in 2022. In general, imports, however, continue to indicate a abrupt downturn.

In value terms, imports of sodium sulphates; other than disodium sulphates declined to $2.1M in 2022. Overall, imports, however, continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 9.7% against the previous year.

Import of Sodium Sulphates; Other than Disodium Sulphate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6684095567614.4%
Spain36352573456616.0%
Turkey4.6499587494375.3%
RomaniaN/AN/AN/A82.10%
Germany1,55333981.366.3-65.0%
France52.397.588.237.9-10.2%
Austria35.222.524.228.9-6.4%
Others46.213215035.6-8.3%
Total2,7232,0242,2202,072-8.7%

Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Belgium in 2022:

  1. Netherlands (2866.4 tons)
  2. Turkey (1960.0 tons)
  3. Spain (420.0 tons)
  4. Romania (385.3 tons)
  5. France (208.5 tons)
  6. Germany (165.9 tons)
  7. Austria (126.5 tons)

Exports of Sodium Sulphates; Other than Disodium Sulphate in Belgium

Exports of sodium sulphates; other than disodium sulphates from Belgium declined notably to 1.9K tons in 2022, waning by -18.7% on the year before. Overall, exports continue to indicate a dramatic setback. The smallest decline of -18.3% was in 2020.

In value terms, exports of sodium sulphates; other than disodium sulphates dropped significantly to $1.1M in 2022. In general, exports recorded a deep slump. The smallest decline of -2% was in 2020.

Export of Sodium Sulphates; Other than Disodium Sulphate in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,1991,6631,311921-8.4%
Netherlands60.855.045.031.6-19.6%
Czech Republic11.514.47.927.032.9%
Germany18427.159.021.6-51.0%
Australia31.115.816.617.5-17.4%
Cyprus40.136.224.017.3-24.4%
Suriname8.67.734.511.510.2%
United Kingdom13456.424.10.4-85.6%
United Arab Emirates92.346.52.10.2-87.1%
Nigeria1029.24.90.2-87.5%
Others24513680.947.6-42.1%
Total2,1102,0671,6101,096-19.6%

Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Belgium in 2022:

  1. France (1312.0 tons)
  2. Czech Republic (135.8 tons)
  3. Netherlands (97.0 tons)
  4. Cyprus (76.3 tons)
  5. Germany (69.5 tons)
  6. Australia (61.7 tons)
  7. Suriname (43.3 tons)
  8. United Kingdom (1.0 tons)
  9. Nigeria (0.9 tons)
  10. United Arab Emirates (0.7 tons)

Source: IndexBox Market Intelligence Platform

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