Price for Sodium Sulphates; Other than Disodium Sulphate in Canada - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in Canada (CIF) - 2023
- Price for Sodium Sulphates; Other than Disodium Sulphate in Canada (FOB) - 2023
- Imports of Sodium Sulphates; Other than Disodium Sulphate in Canada
- Exports of Sodium Sulphates; Other than Disodium Sulphate in Canada
Price for Sodium Sulphates; Other than Disodium Sulphate in Canada (CIF) - 2023
The average import price for sodium sulphates; other than disodium sulphates stood at $605 per ton in October 2023, surging by 2.4% against the previous month. Over the period under review, the import price continues to indicate a notable increase. The most prominent rate of growth was recorded in January 2023 an increase of 215% against the previous month. As a result, import price reached the peak level of $1,323 per ton. From February 2023 to October 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was China ($1,200 per ton), while the price for Turkey ($247 per ton) was amongst the lowest.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was attained by China (+16.8%), while the prices for the other major suppliers experienced a decline.
Price for Sodium Sulphates; Other than Disodium Sulphate in Canada (FOB) - 2023
In October 2023, the average export price for sodium sulphates; other than disodium sulphates amounted to $246 per ton, falling by -10.7% against the previous month. Overall, the export price continues to indicate a slight slump. The growth pace was the most rapid in March 2023 an increase of 210% against the previous month. As a result, the export price reached the peak level of $755 per ton. From April 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($413 per ton), while the average price for exports to Mexico stood at $221 per ton.
From December 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+2.8%).
Imports of Sodium Sulphates; Other than Disodium Sulphate in Canada
In 2022, imports of sodium sulphates; other than disodium sulphates into Canada soared to 23K tons, with an increase of 72% on 2021. Overall, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of sodium sulphates; other than disodium sulphates soared to $12M in 2022. Over the period under review, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Sodium Sulphates; Other than Disodium Sulphate in Canada (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2.0 | 3.4 | 3.2 | 6.7 | 49.6% |
United States | 2.4 | 2.0 | 2.7 | 4.2 | 20.5% |
Turkey | 0.2 | 0.4 | 0.5 | 1.0 | 71.0% |
Others | 0.2 | 0.2 | 0.2 | 0.4 | 26.0% |
Total | 4.7 | 5.9 | 6.5 | 12.3 | 37.8% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to Canada in 2022:
- China (12.8K tons)
- United States (5.7K tons)
- Turkey (4.2K tons)
Exports of Sodium Sulphates; Other than Disodium Sulphate in Canada
In 2022, exports of sodium sulphates; other than disodium sulphates from Canada skyrocketed to 4.6K tons, increasing by 122% against the previous year's figure. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of sodium sulphates; other than disodium sulphates skyrocketed to $1.3M in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 47%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
Export of Sodium Sulphates; Other than Disodium Sulphate in Canada (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Mexico | N/A | N/A | N/A | 655 | 0% |
United States | 469 | 699 | 935 | 636 | 10.7% |
Others | 50.5 | 63.2 | 162 | 2.6 | -62.8% |
Total | 520 | 762 | 1,097 | 1,293 | 35.5% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from Canada in 2022:
- Mexico (3.1K tons)
- United States (1.4K tons)
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