Price for Sodium Sulphates; Other than Disodium Sulphate in China - 2023
Contents:
- Price for Sodium Sulphates; Other than Disodium Sulphate in China (FOB) - 2023
- Price for Sodium Sulphates; Other than Disodium Sulphate in China (CIF) - 2022
- Exports of Sodium Sulphates; Other than Disodium Sulphate in China
- Imports of Sodium Sulphates; Other than Disodium Sulphate in China
Price for Sodium Sulphates; Other than Disodium Sulphate in China (FOB) - 2023
In December 2023, the average export price for sodium sulphates; other than disodium sulphates amounted to $786 per ton, surging by 37% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 an increase of 95% against the previous month. The export price peaked at $954 per ton in February 2023; however, from March 2023 to December 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In December 2023, the country with the highest price was Italy ($1,099 per ton), while the average price for exports to Russia ($368 per ton) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+0.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Sodium Sulphates; Other than Disodium Sulphate in China (CIF) - 2022
The average import price for sodium sulphates; other than disodium sulphates stood at $964 per ton in 2022, with an increase of 52% against the previous year. In general, the import price, however, continues to indicate a perceptible decline. The import price peaked at $1,566 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Taiwan (Chinese) ($3,058 per ton), while the price for the United States ($688 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.1%), while the prices for the other major suppliers experienced a decline.
Exports of Sodium Sulphates; Other than Disodium Sulphate in China
Exports of sodium sulphates; other than disodium sulphates from China contracted to 2.8K tons in 2022, dropping by -11.6% against the previous year's figure. In general, exports recorded a dramatic setback.
In value terms, exports of sodium sulphates; other than disodium sulphates expanded significantly to $1.8M in 2022. Overall, exports faced a abrupt decline. The growth pace was the most rapid in 2020 when exports increased by 9.9%. As a result, the exports attained the peak of $2.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Sodium Sulphates; Other than Disodium Sulphate in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 34.4 | 91.3 | 495 | 896 | 196.4% |
| United States | 704 | 1,881 | 607 | 355 | -20.4% |
| Australia | 154 | 214 | 152 | 137 | -3.8% |
| New Zealand | 44.2 | 68.0 | 48.2 | 73.8 | 18.6% |
| Philippines | 18.8 | 7.1 | 38.5 | 47.4 | 36.1% |
| Vietnam | 17.9 | 8.8 | 3.8 | 42.2 | 33.1% |
| Tajikistan | N/A | N/A | N/A | 36.0 | 0% |
| Russia | 5.1 | 14.0 | 38.7 | 32.7 | 85.8% |
| United Arab Emirates | 128 | 5.0 | N/A | 16.5 | -49.5% |
| Switzerland | N/A | 5.3 | N/A | 8.7 | 28.1% |
| Malaysia | 201 | 1.4 | N/A | 5.9 | -69.2% |
| Myanmar | 839 | N/A | 176 | N/A | -54.2% |
| Others | 452 | 560 | 185 | 184 | -25.9% |
| Total | 2,598 | 2,856 | 1,744 | 1,836 | -10.9% |
Top Export Markets for Sodium Sulphates; Other than Disodium Sulphate from China in 2022:
- South Korea (1221.3 tons)
- United States (333.4 tons)
- Australia (274.2 tons)
- New Zealand (158.9 tons)
- Vietnam (134.8 tons)
- Philippines (117.2 tons)
- Tajikistan (111.6 tons)
- Russia (71.2 tons)
- Switzerland (58.8 tons)
- Malaysia (49.2 tons)
- United Arab Emirates (25.1 tons)
Imports of Sodium Sulphates; Other than Disodium Sulphate in China
In 2022, the amount of sodium sulphates; other than disodium sulphates imported into China shrank rapidly to 517 tons, waning by -60.3% on the previous year's figure. Overall, imports continue to indicate a precipitous shrinkage. The smallest decline of -0.3% was in 2020.
In value terms, imports of sodium sulphates; other than disodium sulphates plummeted to $499K in 2022. Over the period under review, imports saw a abrupt descent. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year.
| Import of Sodium Sulphates; Other than Disodium Sulphate in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 712 | 571 | 641 | 315 | -23.8% |
| Taiwan (Chinese) | 114 | 114 | 122 | 115 | 0.3% |
| Germany | 9.6 | 9.0 | 21.2 | 30.1 | 46.4% |
| Others | 37.6 | 17.1 | 42.5 | 39.1 | 1.3% |
| Total | 873 | 710 | 826 | 499 | -17.0% |
Top Suppliers of Sodium Sulphates; Other than Disodium Sulphate to China in 2022:
- United States (457.7 tons)
- Taiwan (Chinese) (37.5 tons)
- Germany (16.8 tons)
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